Apply Home Loan in Pune: Tenure up to 30 years

L&T Finance Home Loans in Pune

Pune’s booming real estate market reflects growing demand from IT professionals, students and expanding families. As a leading Home Loan provider in Pune, we deliver the best Home Loans of up to ₹ 10 Crore*, whether you’re buying a new apartment, funding plot-plus-construction, building a self-constructed home or renovating.

Features & Benefits of Home Loan in Pune

Features & Benefits	Description
Digitised Process	Apply online, track application status in real time and receive support of a dedicated relationship manager
Competitive Interest Rates	Access the Home Loan interest rates in Pune starting at 8.70%* p.a.
High Loan Amount	Borrow loan amount starting from ₹ 20 Lakh* to ₹ 10 Crore*
Flexible Tenure	Choose repayment terms from 3* Years to 30* years
Minimal Documentation	Fast-track your loan approval with less paperwork

EMI Calculator for Home Loan in Pune

Plan your finances confidently using our Home Loan EMI calculator.Simply enter your loan amount, interest rate and tenure to view monthly instalments, total interest and overall repayment schedule.

Uses of Home Loan in Pune

Buying a New Home – Finance purchase of apartments, villas or plots across Pune’s prime sectors
Plot Plus Construction – Bundle land acquisition and construction costs into one seamless loan
Self-Construction – Access funds at every building stage for self-managed construction projects
Home Improvement – Renovate and upgrade existing properties to boost comfort and market value

Eligibility Criteria for Home Loan in Pune

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 Pune

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 Pune

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 Pune?

As your preferred Home Loan provider in Pune, we offer distinct advantages

Dedicated Relationship Manager: Personalised guidance from your Home Loan agent Pune at every step
Fully Digitised Process: 24×7 online access, real-time status updates and e-KYC enable quick sanction
Customised Solutions: Our Home Loan consultants in Pune tailor plans to fit diverse borrower profiles, including balance transfer requests
Transparent Costs No hidden charges, clear disclosure of processing, prepayment and legal charges

How to Apply for a Home Loan Online in Pune?

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

View all

Can I get a Home Loan in Pune for an under-construction property?

Yes, our Plot Plus Construction and Self-Construction Home Loan products fund both land acquisition and building costs

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

Floating Rate Home Loans have no prepayment charges. For Fixed Rate Home Loans, you'll pay 3% if you prepay within 1 year and 2% if after 1 year, on the remaining loan amount.

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

The maximum tenure available for a Home Loan in Pune is 30 years with L&T Finance.

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

The eligibility requirement for a Home Loan with L&T Finance includes that the applicants are aged 23–70 Years (salaried) or 25–70 Years (self-employed), Indian resident or NRI status.