L&T Finance Home Loan for Salaried Person

  • Home Loan By Property
  • Home Loan By Profession
  • Home Loan By Other

L&T Finance offers home loan solutions for salaried individuals, providing a comprehensive financial solution to achieve the dream of owning a home. With competitive interest rates starting at 8.60% and flexible loan tenures extending up to 25 years, L&T Finance Home Loan for Salaried Person ensures a repayment plan that suits your financial capabilities. The loan amount ranges from ₹20 lakhs to ₹10 crores, catering to a wide spectrum of housing needs, whether buying a modest apartment or a luxurious home. L&T Finance is committed to making the home-buying process smooth and accessible, with transparent fees and charges, easy eligibility criteria, and minimal documentation requirements

Get in Touch for Home Loan Expert Advice
Connect with our Home Loan Advisor Now!
  • Personalized Home Loan solutions
  • Expert guidance
  • Application assistance
  • Credit score discussion
  • Home Loan Interest rate comparison
+91
Choose City

Table of Content

1. L&T Finance Home Loan for Salaried Person Highlights

2. L&T Finance Home Loan for Salaried Person Fees and Charges

3. L&T Finance Home Loan for Salaried Person Documents Required

4. L&T Finance Home Loan for Salaried Person Eligibility Criteria

Read more
Written By
Amrita Sinha
Amrita Sinha
Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

L&T Finance Home Loan for Salaried Person – Highlights 

Here are the highlights of the L&T Finance Home Loan for Salaried Person that makes the loan attractive:

Feature Details
Loan Tenure Up to 25 years
Loan Amount ₹20 lakhs to ₹10 crore
Interest Rate Starting at 8.60%

L&T Finance Home Loan for Salaried Person – Fees and Charges

Understanding the fees and charges associated with a home loan is important for financial planning. L&T Finance Home Loan for Salaried Person maintains transparency in its fee structure:

Charge Type Details
Processing Fee Up to 3% of the loan amount 
Login Fee Up to ₹5000
Penal Charge/Late Payment Charge 2% per month on overdue EMI
Valuation Charges As per actuals
Documentation Charge As per actuals
Foreclosure Charges Floating Rate – Nil

Fixed Rate – Up to 3% on principal outstanding

L&T Finance Home Loan for Salaried Person – Documents Required 

L&T Finance Home Loan for Salaried Person simplifies the documentation process, requiring only essential documents to streamline the application:

  • Age Proof: Acceptable documents include a PAN Card or Aadhar Card.
  • Address Proof: Include Utility Bill, Driving Licence, or Registered Rent Agreement.
  • Photo ID Proof: A PAN or Aadhar Card can be used for valid photo identification.
  • Income Proof: 1 Year Bank Statement: Reflecting salary deposits and Latest 3 Months Salary Slip

L&T Finance Home Loan for Salaried Person – Eligibility Criteria

L&T Finance Home Loan for Salaried Person has set forth straightforward eligibility criteria:

  • Indian Citizenship: The applicant must be a citizen of India.
  • Age Range: 23 to 62 years at the time of loan maturity.
  • Applicants must have a consistent and stable income from salaried employment.

Frequently Asked Questions (FAQs)

What is the repayment term for a salaried person's L&T Finance home loan?

The repayment term for L&T Finance home loans for salaried individuals can extend up to 25 years.

What is the minimum age for an L&T Finance home loan to a salaried person?

The minimum age for L&T Finance home loan applicants is 23 years.

What is the Tenure limit for an L&T Finance home loan to a salaried person?

The tenure limit for L&T Finance home loans is up to 25 years.

What is a salaried person's minimum and maximum L&T Finance home loan amount?

The L&T Finance home loan offers a minimum amount of ₹20 lakhs, suitable for modest homes, and a maximum of ₹10 crores

Quick Links

Loan Offers By Lt Finance's

Home Loan by Private Bank

Home Loan by Nationalized Bank

Home Loan by NBFC

Home Loan Calculators

Bank wise Home Loan Calculators

Bank Wise Home Loan Interest Rate

Urban Money

Disclaimer:

The website may provide information about various loan products, insurance products, credit scores & links to other websites or resources over which urbanmoney.com does not have control as such information & links are received from the Banks, NBFCs, Insurance companies & credit rating agencies. Users of this website acknowledge that urbanmoney.com is providing these information & links only as a convenience, and further agree that urbanmoney.com is not responsible for the veracity of such information. Please note that users are advised to independently verify the information & do other requisite due diligence before making any decision and that urbanmoney.com nor its employees, partners, and associated staff are not accountable for any loss, harm, or damage due to usage of information from this website.  And further that user’s use of links to such external websites are subject to the terms of use and privacy policies located on those sites.

© 2025 www.urbanmoney.com. All rights reserved.