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L&T Finance Loan Against Property for ₹20 Lakh

EMI: ₹26,987/month at 10.5%. Min income: ₹49,068/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
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Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
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L&T Finance Loan Against Property for ₹20 Lakh - Key Details

Interest Rate
10.5% p.a.
Monthly EMI
₹26,987
Total Interest
₹12,38,440
Total Payment
₹32,38,440
Min Income Required
₹49,068/mo
Processing Fee
Up to 2% of loan amount + GST

A ₹20 Lakh loan against property from L&T Finance at 10.5% interest for 10 years will cost you ₹26,987 per month as EMI. You will pay a total interest of ₹12,38,440 over the loan tenure. The minimum monthly income needed is ₹49,068 (assuming no existing EMIs).

Frequently Asked Questions

What is L&T Finance loan against property EMI for ₹20 Lakh?

L&T Finance Loan Against Property EMI for ₹20 Lakh at 10.5% for 10 years is ₹26,987 per month.

What income do I need for ₹20 Lakh loan against property from L&T Finance?

You need a minimum monthly income of ₹49,068 for a ₹20 Lakh loan against property from L&T Finance (at 10.5% rate, assuming no existing EMIs).

What is the total interest on ₹20 Lakh loan against property from L&T Finance?

The total interest payable on ₹20 Lakh loan against property from L&T Finance at 10.5% for 10 years is ₹12,38,440.

What is L&T Finance's processing fee for ₹20 Lakh loan against property?

L&T Finance charges a processing fee of Up to 2% of loan amount + GST for Loan Against Property.

Can I prepay my L&T Finance loan against property?

L&T Finance Loan Against Property prepayment policy: 4% for fixed, nil for floating.

₹20 Lakh Loan Against Property from Other Banks

SBIFrom 8.70 - 10.90%HDFC BankFrom 9.00 - 11.50%ICICI BankFrom 9.20 - 11.75%Axis BankFrom 9.50 - 14.95%Kotak Mahindra BankFrom 9.10 - 12.50%Bank of BarodaFrom 9.15 - 12.15%PNBFrom 9.00 - 11.50%Canara BankFrom 8.95 - 12.00%Union BankFrom 9.00 - 11.80%Indian BankFrom 9.10 - 11.60%

Other L&T Finance Loan Against Property Amounts

₹10 LakhEMI ₹13,493/mo₹30 LakhEMI ₹40,480/mo₹50 LakhEMI ₹67,467/mo₹75 LakhEMI ₹1,01,201/mo₹1 CroreEMI ₹1,34,935/mo₹1.5 CroreEMI ₹2,02,402/mo₹2 CroreEMI ₹2,69,870/mo