L&T Housing Finance - Current Interest Rates (2025)

Age

Minimum Age: 23 years Maximum Age: 65 years

Residential Status

Indian Resident

Employment Status

1. Salaried
2. Self-employed professional
3. Self-employed non-professional

Age Proof (any one)

1. PAN Card.
2. Valid Passport.
3. Voter ID Card.
4. Valid Driving License.
5. Birth Certificate.
6. School Transfer or Leaving Certificate.
7. Aadhar Card.

Address Proof (any one)

1. Valid Passport.
2. Voter ID Card.
3. Valid Driving License.
4. Telephone/Electricity bill/Utility Bills during the last 3 months.
5. Bank account statements during the last 3 months.
6. Bank account passbook.

Photo ID Proof (any one)

1. Aadhar Card.
2. Valid Driving License.
3. Valid Passport.
4. PAN Card.

Income Proof

1. Salary slips for the last 3/6 months.
2. Salary certificated for the last month showing deductions.
3. Income Tax Returns/Form 16 for the last 2 assessment years

Other Documents

1. Duly filled loan application form with passport size photographs affixed and signed by all applicants/co-applicants.
2. Login Fee Cheque

Age Proof (any one)

1. Aadhar Card.
2. Valid Passport.
3. Voter ID Card.
4. Valid Driving License.
5. Birth Certificate.
6. PAN Card.
7. School Transfer or Leaving Certificate.

Address Proof (any one)

1. Telephone/Electricity/Utility Bills during the last 3 months.
2. Valid Passport.
3. Voter ID Card.
4. Valid Driving License.
5. Bank account statements during the last 3 months.
6. Bank account passbook.

Photo ID Proof (any one)

1. Valid Passport.
2. PAN Card.
3. Aadhar Card.
4. Valid Driving License.

Existence Proof

1. Memorandum of Association & Articles of Association.
2. Partnership deed copy if the business entity is a partnership firm.

Income Proof

1. Advance tax challans (if applicable)
2. Bank account statements of both the Current and Savings accounts for last 1 year
3. Profit and Loss account and B/S (with schedules and annexures) of both the business entity and individual audited by a certified CA.
4. Income Tax Returns of the individual and the business entity along with the computation of the income advance tax challans for the last 2 assessment years

Other Documents

1. Duly filled loan application form with passport size photographs affixed and signed by all applicants/co-applicants.
2. Login Fee Cheque.

Age Proof (any one)

1. Valid Driving License.
2. Birth Certificate.
3. PAN Card.
4. Aadhar Card.
5. School Transfer or Leaving Certificate.
6. Valid Passport.
7. Voter ID Card.

Address Proof (any one)

1. Valid Driving License.
2. Bank account statements during the last 3 months.
3. Bank account passbook.
4. Telephone/Electricity/Utility Bills during the last 3 months.
5. Valid Passport.
6. Voter ID Card.

Photo ID Proof (any one)

1. PAN Card.
2. Aadhar Card.
3. Valid Driving License.
4. Valid Passport.

Existence Proof

1. Partnership Deed if the business entity is a partnership firm.
2. Memorandum of Association & Articles of Association if the entity is a company.
3. Form 32.
4. Copy of professional degree.
5. Membership certificate.

Pattern of Ownership

1. List of directors and shareholding pattern certified by the Company Secretary (CS).

Office Address Proof

1. Telephone/electricity bill not more than 3 months old.
2. Utility bills not more than 3 months old.
3. Shop and Establishment Act Certificate.
4. Sales Tax Certificate.

Income Proof

1. Bank account statements of both the Current and Savings accounts for last 1 year.
2. Profit and Loss account and Balance Sheet (with schedules and annexures) of both the company/firm (if the borrower is a firm or company) by a certified CA.
3. Income Tax Returns of the applicants and the co-applicants along with the computation for the last 2 assessment years.

Other Documents

1. Duly filled loan application form with passport size photographs affixed and signed by all applicants/co-applicants.
2. Login Fee Cheque.

Home Construction Loan

Can be availed by those looking to construct a residential house on a plot owned by them.

Home Purchase Loan

Suitable for eligible borrowers looking to purchase a ready-to-move-in house/flat or houses under construction.

Home Improvement Loan

The loan can be availed by those looking to repair/improve/alter the structure of an existing house/property.

Home Extension Loan

Suitable for prospective borrowers looking to extend an existing residential property such as the construction of an additional room or even a new floor.

Composite Loan

Offered to eligible customers who wish to purchase a plot/land and construct a residential unit on it.

Loan Amount

Rs.30,00,000

Total Interest Due

Rs.40,67,832

Processing Fee

Rs.60,000

Total Amount Payable during the Tenure

Rs.71,27,832