Why Choose L&T Finance Bank for Home Loans?
- Trusted and Verified: The bank with a long history, solid finances, and honest customer policies, where you can stay relaxed during your loan period.
- Lots of Options: L&T covers you if you are building your own home, transferring a balance, fixing up your place, or buying something new.
- Fast Approvals & Funding: Quicker processing, less paperwork, and on-time payouts because of simple online systems and skilled staff.
- Good Rates & Honesty: Always reasonable and competitive rates with no sneaky fees and clear communication.
- Customers First: Get help from dedicated relationship managers and strong after-sales support whenever you need it.
L&T Finance Bank Home Loan Products
L&T Finance Bank has mortgage choices for all kinds of situations:
Self-Construction Home Loan: Build your own home on land you own with a tenure of up to 25 years.
Home Purchase Loan: Buy a new property, a resale home, or even one still under construction.
Home Improvement Loan: Renovate or repair your home with simple paperwork and flexible usage of funds.
House Extension Home Loan: Add another room or floor to your existing home with this loan option.
Plot + Construction Loan: Get funds to purchase a plot and build on it with a single loan.
Balance Transfer Loan: Transfer your existing mortgage from another bank for better rates and lower EMIs, with an option for extra cash.
Top-Up Loan: Borrow additional funds on your existing L&T home loan for education, healthcare, or personal needs.
L&T Finance Bank Home Loan Interest Rates
Here’s a quick snapshot of L&T’s interest rate
| Scheme Type |
Interest Rate (p.a.) |
| Salaried (Fixed or Floater) |
8.60% onwards |
| Self-Employed (Fixed/Floater) |
8.60% onwards |
| Balance Transfer |
8.60% onwards |
| Home Improvement/Extension |
8.60% onwards |
- Processing Fee: Typically 0.25% of the loan amount plus applicable taxes (minimum ₹5,000).
- Maximum Tenure: 25 years across most home loan products.
L&T Finance Bank Home Loan Eligibility Criteria
Age Range: 23–62 years
Nationality: Indian Resident
Minimum Income: ₹15,000/month (salaried) or ₹2,00,000/year (self-employed)
Loan Amount: ₹20 lakh – ₹7.5 crore
Required Documents for L&T Finance Bank Home Loan Partner
The L&T Home Loan Documents Required
Application Form: Fill it out completely and include recent
photos of all applicants.
KYC: PAN Card, Aadhaar Card, Passport, or Voter ID along with passport-sized photos.
Address Verification: Recent utility bill, Aadhaar, Passport, or rental agreement.
Income Proof (Employed): Last 3 salary slips, Form 16 or ITR (past 2 years), and last 6 months’ bank statements.
Income Proof (Self-Employed): ITR (past 2 years), audited balance sheets, proof of business, and 6 months’ bank statements (business & personal).
Property Documents: Sale deed/agreement, chain or title deeds, approved builder plan, payment receipts, and NOC if required.
Other Documents: Processing fee cheque, proof of employment/business registration, Power of Attorney (if applicable), and current loan statements.
How to Apply L&T Finance Home Loan via TyTil
TyTil is like a digital helper for loans, and it works with L&T Finance:
- Go to TyTil : Open the TyTil site or app and pick L&T Finance Bank as the lender.
- Share Information: Provide basic details about yourself, your income, and the property.
- Send Documents: Upload your ID, income statements, and property papers for verification.
- Get Approval: TyTil checks eligibility, calculates payments, and shows the best loan offers from L&T.
- Get Help: TyTil team assists with documents and coordinates with L&T Bank Plot Loan to speed up the process.