Apply Home Loan in Kolkata: Tenure up to 30 years

L&T Finance Home Loans in Kolkata

Looking for a Home Loan in Kolkata? L&T Finance offers personalised support through expert Home Loan agents in Kolkata, with digital processing and loans up to ₹ 10 Crore* at rates from 8.70% p.a.* Whether buying, building, or renovating, our Home Loan in Kolkata solutions fit every need across the city’s dynamic real estate market.

Features & Benefits of Home Loan in Kolkata

Features & Benefits	Description
Digitised Process	Apply online with support from a dedicated relationship manager
Competitive Interest Rates	Our Home Loan interest rates Gurgaon start at 8.70%* p.a.
High Loan Amount	Loan amount starting from ₹ 20 Lakh* up to ₹ 10 Crore
Flexible Tenure	Choose repayment tenure ranging from 3 years to 30 years
Minimal Documentation	Fast-track your loan approval with less paperwork
Tax Benefits	Avail Home Loan tax benefit Section 80C and Section 24 of the IT Act

EMI Calculator for Home Loan in Kolkata

Estimate your monthly instalments with our Home Loan EMI calculator.Enter your loan amount, interest rate and tenure to view EMIs and total repayment.

Uses of Home Loan in Kolkata

Purchase of Resale Property – Buy a pre-owned flat or house in Kolkata's established neighbourhoods with a tailored Home Loan in Kolkata solution.
Buy Builder Under-Construction Property – Get funding for properties still being built, with structured disbursals linked to construction stages.
Home Loan for Joint Ownership – Avail a Home Loan in Kolkata jointly with a spouse or parent to increase eligibility and share repayment responsibility.

Eligibility Criteria for Home Loan in Kolkata

Type	Criteria
Residency	Indian resident or NRI
Age requirement	Salaried: 23 years to 70 years Self-employed: 25 years to 70 years
Profession	Salaried / self-employed professionals and non-professionals
Other	Can be increased by adding co-applicant income or other verifiable income sources

Documents Required for a Home Loan in Kolkata

Document Type	Required Document & Checks
Age Proof	Aadhaar Card \| PAN Card \| Passport
Address Proof	Utility bills (not older than 2 months \| Aadhaar Card \| Driving License \| Passport \| Voter ID etc
Photo ID Proof	PAN and any one of the following- Aadhaar Card \| Driving License \| Passport \| Voter ID \| Job card by NREGA \| Letter issued by the National Population Register containing details of name and address
Income Proof	Income proofs vary for different professionals across salaried , non-salaried and self employed.

Type	Document
Salaried	i. Salary slips for the last 3 months ii. Bank statements for 1 year iii. Latest Form 16
Self Employed: Professionals	i. Latest two ITRs (personal and business) with computation of income ii. Advance tax challans (if available) iii. Latest two years of P&L accounts and balance sheets (with schedules), certified by a CA (both personal and business) iv. Bank account statements (current and savings accounts) for the last 1 year v. Qualification Proof of professionals
Self Employed: Non-Professionals	i. Latest 2 years ITRs with computation for individual applicants and co-applicants (if borrower is an individual) ii. Bank account statements (current and savings accounts) for the last 1 year iii. Latest 2 years of audited/CA-certified profit & loss accounts and balance sheets of the firm/company (if borrower is a firm/company) iv. Proof of Business (GST / Shop Establishment/Udayam Aadhar, etc.) v. MOA & AOA & Certificate of Incorporation vi. For Partnership Firm-Partnership Deed

Other documents to be provided as required for disbursement of Loan

Home Loan Fees & Charges in Kolkata

List of all fees and charges for Home Loan

Type	Interest Rate and Charges
Processing Fees / Documentation Charges:	Up to 3% of sanctioned amount + applicable taxes (this is inclusive of Login Fee)
Login Fees:	Up to ₹ 5000 (inclusive of applicable taxes)(non refundable)
EMI Dishonour/Bounce Charge*	As shown in the table below
*A bounce charge is a charge for (i) dishonour of any repayment instrument; or (ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate
Loan sanction amount (in INR)	Charges in (in INR)
< ₹ 5 Lakh	₹ 500
₹ 5 Lakh - ₹ 50 Lakh	₹ 1000
> ₹ 50 Lakh – ₹ 2 Crore	₹ 1500
> ₹ 2 Crore	₹ 2000
Penal Charge/Late Payment Charges (LPC):	2% per month on overdue EMI + applicable taxes
	*LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023
	*Taxes applicable on LPC w.e.f. 1st Apr 2024
Annual Maintenance Charges:	NA
Duplicate NOC Charges:	First 3 paper copies - free of cost
Duplicate NOC Charges:	₹ 250/- + applicable taxes
Repayment Swap Charges (per swap):	₹ 500/- + applicable taxes (applicable only for branch walk-ins)
Charges for documents:	Nil for Statement of Account/Repayment Schedule /Foreclosure Letter & Welcome Kit
Valuation Charges:	As per actuals
Documentation Charges:	As per actuals
Cash Pickup Charges:	NIL
Interest Rate Conversion Charges:	Up to 0.5% on Balance Loan Amt + applicable taxes (or) Minimum ₹ 10,000/– whichever is higher
List of documents:	₹ 300/ – +applicable taxes
Providing Photo copies:	₹ 500/ – +applicable taxes of the documents (property & others)
Charges incurred by LTF for initiating action under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002:	Issue of Loan Recall Notice = ₹ 500/ –
	Issue of Demand Notice = ₹ 1,000/ –
	Issue of Possession Notice = ₹ 2,000/ –
	Applying District Magistrate Order = ₹ 8,000/ –
	Taking Physical possession = ₹ 20,000/ –
	Actual cost incurred will be debited for expenses pertaining to Publication of Possession Notice/ Publication Demand Notice/Publication of Sale cum Auction Notice
Legal / Recovery Charges (Other than pertaining to SARFAESI):	As per actuals
Loan Cancellation Charges:	₹ 5000/ – + applicable taxes
Foreclosure / Full Prepayment Charges:	For Individual / Non-Individual Borrowers –
	Floating Rate – Nil Charge
	Fixed Interest Rate –
	i. Less than 1 year from disbursement – up to 3% on principal outstanding + applicable taxes
	ii.Post 1 year of disbursement – up to 2% on principal outstanding + applicable taxes
Foreclosure / Full Prepayment Charges – Home Loan:	Fixed Interest Rate –
	i. Less than 1 year from disbursement – up to 3% on principal outstanding + applicable taxes
	ii. Post 1 year of disbursement – up to 2% on principal outstanding + applicable taxes
Pre-payment Charges – Home Loan:	For Individual / Non-Individual Borrowers –
	Floating Rate – Nil Charge
	Fixed Interest Rate –
	i. Less than 1 year from disbursement – up to 3% on Partial Prepayment amount + applicable taxes
	ii. Post 1 year of disbursement – up to 2% on Partial / Prepayment amount + applicable taxes
Switch Charges:	Up to 1% on principal outstanding loan amount + applicable taxes (or) minimum Rs.10,000/– whichever is higher
Non-Compliance Charges:	Up to 1% p.a. of principal outstanding loan amount + applicable taxes

*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.

Why Choose L&T Finance for a Home Loan in Kolkata?

Customised Solutions: Our Home Loan in Kolkata are plans tailored to your financial goals.
Dedicated Relationship Manager: Receive one-on-one assistance throughout your entire loan process.
Fully Digitised Process: Apply anytime with 24×7 access and track updates easily through our online platform.
Transparent Costs All fees are clearly shared upfront, so you always know what to expect.

How to Apply for a Home Loan Online in Kolkata?

Apply for Home Loan with these steps

1. Submit Personal and Income Details

Get your eligibility assessed in just 5 minutes* with your personal and income details

2. Provide Property details

Submit your property details in order to get the digitised sanction on your Home Loan without any delay

3. Get your final offer

Receive your sanction letter which includes the interest rate, tenure and your loan amount details

4. Finish Your eKYC Process

Complete your electronic Know Your Customer (eKYC) verification by providing necessary documents

5. Authorise Your Mandate and Get Your Loan Approved

Complete the eMandate process to secure official approval for your loan and proceed with disbursement

FAQs & Support

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What is the maximum tenure available for a Home Loan in Kolkata?

You can choose a repayment tenure of up to a maximum of 30 years based on your financial plan.

How long does it take to process a Home Loan in Kolkata?

With our fully digitised process, loan sanction can be obtained quickly after document submission.

What is the minimum CIBIL score required to get a Home Loan in Kolkata?

A good CIBIL score is preferred to access the most competitive rates and higher sanction amounts.

What documents are required for a Home Loan in Kolkata?

Documents required include age proof, address proof, photo ID, income proof.

What is the current interest rate for a Home Loan in Kolkata?

Interest rates for Home Loan in Kolkata start from 8.70%* p.a. at L&T Finance.

What is the eligibility criteria for applying for a Home Loan in Kolkata?

Applicants must be aged 23–70 Years (salaried) or 25–70 Years (self-employed), be Indian resident or have NRI status.

Is there a prepayment or foreclosure charge on the Home Loan?

For Floating Rate Home Loans, there is no prepayment charge. For Fixed Rate Home Loans, foreclosure charges of up to 3% on principal outstanding + applicable taxes apply for foreclosure at less than a 1 year of disbursement and charges of up to 2% on principal outstanding + applicable taxes apply at a foreclosure after 1 year of loan disbursement.