Edelweiss Capital
HOME LOAN
Edelweiss Home Loan provides easy loans to realise your dream of having your own beautiful home. Edelweiss home loans provide flexible interest rates, easy payment options and fast disbursal. Edelweiss also offers a new long term and lower EMI home loan with 25 years of loan tenure. Edelweiss also provides loan against rents from leasing property to corporate clients.
Eligibility Criteria
Applying for home loan depends on several factors. Some of the factors are
- Minimum age is 21 years for salaried and 25 for self-employed.
- Loan amount ranges from 10 lakh to 10 crore
- Maximum EMI can be 60% of monthly salary
Documents Required
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Salaried |
Self-employed Professional |
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Application form |
Application form |
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Identity, Address proof |
Identity, Address proof |
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Last 6 months bank statement |
Last 6 months bank statement |
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Last 3 months salary slip |
Last 3 months salary slip |
|
- |
Proof of Business existence |
|
- |
Last 2 years IT returns |
|
- |
Last 2 years audited P & L statement |
Interest Rates and Other Charges
|
Interest Rates |
Up to 11.0% |
|
Loan Processing Fee |
2% |
|
Prepayment Fee |
0 % - 2% of principal outstanding |
|
Late Payment Charge |
24% per annum |
|
Conversion Charge |
0.5% - 1.0% |
|
Cheque Bounce Charge |
500 INR |
Edelweiss also provides loan against rents from leasing property to corporate clients.The Loan disbursal is quick and hassle free.
LOAN AGAINST PROPERTY
Edelweiss Loan Against Property (LAP) offers mortgage loan against property at attractive interest rates for long tenures. So, if your loan requirement is high and you want a longer payout period Edelweiss Loan Against Property is the best loan instrument for you. Edelweiss offers quick disbursal and hassle-free documentation process for the Edelweiss Loan Against Property.
Some of the key features of Edelweiss Loan Against Property are
- Loan amount ranges from 10 Lakh to 10 crore.
- Flexible interest rates ranging from 11% - 14%
- Maximum loan upto 60% of property value.
- Hassle-free documentations
- Min age is 21 for salaried and 25 for self-employed.
- 2% Processing fee
- Prepayment fee is 5% of loan outstanding.
If you want to avail higher loan amount for any of your personal or business needs for a longer loan tenure, Edelweiss Loan Against Property is the right financial tool for you.