FAQs & Support

L&T Finance Complete Home Loan provides a complete solution for homeowners, offering home decor finance, a dedicated relationship manager, and a digitized process. Designed with convenience and personalized assistance in mind, it caters to the specific needs of homeowners who prioritize efficiency and convenience in their home loan experience.

The digitized process, known as Xpress Home Loan, is a Do It Yourself (DIY) Customer loan Onboarding journey where customers can complete the entire process online, from application to loan disbursement. Aimed at new home buyers seeking fresh home loans or balance transfers, including both under-construction and ready properties, this streamlined process is currently available for Salaried Customers. Apply Now or Call us on 9004555111.

A dedicated relationship manager for a home loan plays a crucial role in enhancing the customer service experience for borrowers. They act as the primary point of contact between the borrower and the financial institution, providing personalized service and expert guidance during the process of securing a home loan. They offer tailored assistance, address queries, and ensure a smooth and efficient journey for the borrower.

We shall intimate such changes in EMI as and when there is a change. Please note that the new loan EMI would be dependent on the number of years that are remaining for your loan and your rate of interest. Please contact your home loan servicing branches for more information on the exact EMI.

All loan repayment are done via equally monthly instalments.

There is fixed component of login fees of 4999/- non-refundable (exclusive of service tax) along with processing fees:
Minimum processing fee for Home Loan is 0.25% plus taxes for salaried.
Minimum processing fee for Home Loan is 0.25% plus taxes for self employed.
Though this may vary from case to case basis depending upon customer profile

LTF assesses a customer's repayment capacity based on various criteria - including income, age, qualifications, number of dependents, spouse's income, assets, liabilities, stability and continuity of occupation, savings history, etc.

Repayment tenure is the tenure for the number of year for which the loan gets sanctioned. We offer you a wide range of options for the tenure of the loan. You can take a home loan for up to 30 years provided you do not reach more than the age of 62 years or retire within that period for salaried borrower. You can take a home loan for up to 20 years provided you do not reach more than the age of 70 years or retire within that period for Self employed borrower.

Yes, you can always go ahead with this option, in which your complete EMI charge to you will be of total sanction loan. In which the Interest portion will be charged on the partly disbursed amount to you & Rest will be Principal portion.

The total interest payable by you i.e. inclusive of the interest amount would qualify for deduction under Section 24 for Income Tax purpose up to overall limit of ₹ 2,00,000. So you will continue to enjoy the tax benefits. Principal repayments would qualify for deduction from taxable income under Section 80C up to overall limit of ₹ 1,50,000/-. According to the Finance Budget 2014, those availing a Home Loan in the Financial Year 2014 - 2015 are eligible for an additional deduction of ₹ 1 Lakh from the Gross Annual Income in addition to the deductions mentioned above subject to the following conditions: