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L&T HFL Home Loan Interest Rate - SuGanta

At SuGanta.com, we make it easier for you to access the right home loan for your goals. L&T Housing Finance Limited (L&T HFL) offers affordable and flexible home loans starting at a competitive interest rate of 8.65% per annum. Whether you're a salaried professional or self-employed, L&T HFL provides loan amounts ranging from ₹20 lakh to ₹10 crore with repayment tenures up to 30 years. Additionally, you may finance up to 90% of the property's worth, which can help you save money up front

Features of L&T HFL Home Loan Interest Rate

Choosing an L&T HFL home loan through SuGanta.com gives you access to multiple borrower-friendly features:

  • Attractive Rates: Starting from 8.65% p.a., designed to keep your EMIs manageable
  • Wide Loan Range: Finance amounts from ₹20 lakh to ₹10 crore, suitable for various property types
  • Flexible Repayment Tenure: Choose a term between 3 to 30 years, based on your financial comfort
  • High Loan-to-Value (LTV): Borrow up to 90% of the property's value
  • Simplified Process Quick processing with minimal documentation
  • Tax Savings: Benefit from tax deductions on your home loan under Sections 80C and 24 of the Income Tax Act, helping you save more on your annual taxes..
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Loan Options Available with L&T HFL

At SuGanta, we help you explore and compare a wide variety of loan products from L&T HFL:

  • Home Purchase Loan – Ideal for buying a ready or under-construction property.
  • Construction Loan – For building your own home on a plot you own
  • Home Renovation Loan – Finance for home repairs or upgrades.
  • Composite Loan – Combine land purchase and construction into one loan
  • Top-Up Loan – Need more funds? Avail an additional amount over your existing home loan

Eligibility Criteria

  • Age Limit:
    • Salaried: 23 to 70 years
    • Self-Employed: 25 to 70 years
  • Employment Type: Salaried professionals, self-employed individuals, and NRIs
  • Residency: Indian residents and Non-Resident Indians (NRIs)
  • Income: Higher eligibility when co-applicants or additional income sources are included

Exclusive Benefits for Women Borrowers

At SuGanta.com, we support financial inclusion for women. Female applicants applying for L&T HFL Home Loans can enjoy:

  • Lower Interest Rates compared to standard offerings
  • Income Tax Deductions under 80C and 24
  • Faster Processing with relaxed documentation norms

How to Apply for a Home Loan from L&T HFL

We simplify the home loan process for you. Here's how to apply for a home loan from L&T HFL through SuGanta:

  • Step 1: Fill Out the Online Application

    Provide your basic details and select L&T HFL as your preferred lender

  • Step 2: Upload Required Documents

    Submit identity proof, income details, and property papers through our secure platform.

  • Step 3: Loan Evaluation & Processing

    L&T HFL will assess your documents and financial profile for eligibility

  • Step 4: Approval & Disbursal

    Following approval, a sanction letter will be sent, and the loan balance will be instantly deposited into your account

Frequently Asked Questions (FAQs)

  • What is the current interest rate of L&T HFL?

    The interest rate begins at 8.65% per annum, depending on your credit score, loan tenure, and income profile.

  • Is the home loan facility available for self-employed individuals?

    Yes, both salaried and self-employed professionals can apply, with tailored eligibility terms.

  • Are there any processing charges involved?

    Yes, typically charges a processing fee between 0.25% and 1% of the loan amount

  • How soon can I expect loan approval?

    Approval is usually granted within 3 to 7 working days, provided all documents are complete

  • Can I prepay or close my loan early?

    Absolutely. Prepayment and foreclosure are allowed. For floating rate loans, there are no prepayment penalties.