Edelweiss Financial Services Home Construction Loan

Home Loan By Property

The Edelweiss Housing Finance construction loan offers a flexible and convenient financial solution. Borrowers can enjoy an easy application process, quick fund disbursal, and affordable interest rates. The loan also comes with various repayment options, making it convenient for different financial situations. With Edelweiss Housing Finance house construction loan, you can confidently build your dream home without worrying about immediate financial constraints. However, it is important to understand all the terms and conditions of this credit option before finalising your decision. These include Edelweiss Housing Finance construction loan interest rate, eligibility criteria, required documents, and associated fees. Keep reading to learn more!

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. Edelweiss Housing Finance Construction Loan Highlights

2. Edelweiss Housing Finance Construction Loan Interest Rates

3. Edelweiss Housing Finance Construction Loan Fees and Charges

4. Edelweiss Housing Finance Construction Loan Eligibility Criteria

5. Edelweiss Housing Finance Construction Loan Documents Required

6. Features of Edelweiss Housing Finance Construction Loans

Written By

Hepson Franklin

Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.

Reviewed By

Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Edelweiss Housing Finance Construction Loan – Highlights

The key parameters of the Edelweiss Housing Finance construction loan include the following:

Loan Amount	Up to ₹25 lakh
Loan Tenure	20 years
Purpose	Home construction
Eligibility	Both salaried and self-employed individuals

Edelweiss Housing Finance Construction Loan Interest Rates

The applicable Edelweiss Housing Finance construction loan interest rates are:

Minimum Rate	Mean Rate	Maximum Rate
10.00% p.a.	12.06% p.a.	14.00% p.a.

Edelweiss Housing Finance Construction Loan Fees and Charges

Let’s examine the fees and charges associated with the Edelweiss Housing Finance house construction loan.

Fee/Charge	Amount
Processing Fee	Up to 2% of the loan amount
Foreclosure Charges	3% of the outstanding amount
Late payment Charges	2% per month
Stamp Duty & Other Statutory Charges	As per the applicable state law

Edelweiss Housing Finance Construction Loan Eligibility Criteria

The eligibility criteria for a home construction loan from Poonawalla Fincorp Limited are:

Age Limit: Applicants should be between 21 and 65 years old.
Income Criteria: Applicants should earn sufficient income to cover the loan repayments.
Credit Score: Applicants should have a good credit score, preferably 700 or above.
Nationality: Applicants should be an Indian citizen.

Edelweiss Housing Finance Construction Loan Documents Required

The required documents for a house construction loan from Poonawalla Fincorp Limited are given below:

KYC Documents: Passport, aadhaar card, voter’s ID, driving license, and PAN card.
Financial Documents: Latest salary slip, Form 16, PF statement, etc. (Applicable to the salaried individuals).
Business Documents: Last 2 years’ income tax returns, balance sheet, profit/loss statement, etc. (Applicable to self-employed individuals).
Additional Documents: Last 6 months’ bank account statement and passport-size photograph.

Features of Edelweiss Housing Finance Construction Loans

The following are the expected features of the Edelweiss Housing Finance construction loan:

Higher loan-to-value (LTV) ratio
Competitive interest rates
Personalised repayment option
Quick processing and disbursal
Transparent terms and conditions
Expert guidance and support

Quick Links

Loan Offers By Edelweiss Financial Services's

Home Loan by Nationalized Bank

Home Loan Calculators

Bank wise Home Loan Calculators

Bank Wise Home Loan Interest Rate