Edelweiss Financial Services Loan Against Property

Features & Benefits of Edelweiss Loan Against Property

• Higher loan amounts along with tenures up to 15 years for convenient repayment. 
• Attractive rates of interest. 
• Efficient loan processing and handling. 
• Loan consolidation into one installment. 
• Fast approvals and processing of loan applications along with flexible repayments. 
• You can use the funds for meeting both personal and business requirements. 
• Special offerings for self-employed professionals.

Edelweiss Loan Against Property Eligibility Criteria

Here are some of the Edelweiss loan against property requirements in terms of eligibility:

• Debt-related obligations, income and savings. 
• Track record of repayment for all other loans and credit cards. 
• Value of the mortgaged property. 

Residential Properties

• Loans for proprietorship firms, self-employed professionals, private limited companies, partnership firms, and closely-held limited companies. 
• Minimum track record of five years in the business. 
• Profit-making concern for the last two years. 
• Rs. 2 lakh per annum in minimum net profit. 

Commercial Properties

• Loans for proprietorship firms, partnership firms, self-employed professionals, closely-held limited companies and private limited companies. 
• Rs. 2 lakh per annum in minimum net profit. 
• At least 5 years with a business track record. 
• Profit-making concern for the last two years. 

Lease Rental Discounting (LRD)

• Loans for partnership firms, proprietorship firms, self-employed professionals, closely-held limited companies, and private limited companies. 
• Lease agreements should be registered. 
• The lessee should be a reputed bank, corporate, MNC, or financial institution.

Edelweiss Loan Against Property Fees and Charges

Here’s taking a closer look at the fees and charges at Edelweiss: 

Residential

Documents Required for Edelweiss Loan Against Property

• Application form 
• Address and Identity proof
• Latest salary slips for salaried borrowers 
• Certificate and proof of business existence for self employed borrowers along with educational qualifications. 
• Salaried borrowers have to provide Form 16 along with bank statements for the last 6 months and details of all existing loans. 
• Self employed borrowers have to provide details of income tax returns for the last three years, profit/loss and balance sheet. 
• They also have to provide information on any existing loans along with bank statements for the last 6 months.

How Edelweiss Compares with Other Lenders?

Edelweiss Loan Against Property Customer Care Number

1-800-1026371 is the number that you should contact.