Edelweiss Financial Services Loan Against Property

Edelweiss Financial Services
4.5
You will find it comparatively easy to apply for Edelweiss loan against property offerings. This is ideal for companies or individual borrowers who have encumbrance free real estate assets and require urgent funds. They can mortgage the same for getting up to 70% of the property'ss market value to help with business expansion or consolidation, repaying debts, weddings, higher education of children, investing in another property and so on. You can enjoy a smooth Edelweiss loan against property online application procedure while also appreciating the highly competitive Edelweiss loan against property interest rate simultaneously. The types of properties that are financed include leased residential or commercial property, self occupied residential or commercial property and lease rental discounting (LRD) against commercial property. You can take this loan for covering working capital requirements as well. Loans up to Rs. 25 crore are sanctioned with tenures up to 15 years. Refinance and top up provisions are also available for all existing loans. For LRD offerings, the tenures are a maximum of 9 years.

Apply for Loan Against Property(LAP)

+91
Choose City

Edelweiss Financial Services

Edelweiss Financial Services LAP

  • Interest Rate

    9.98% - 18.2%

  • Loan Amount

    ₹1L - ₹2Cr

  • EMI Per Lakh

    ₹2,124 - ₹2,550

  • Processing Fees

    Up to 2% of Loan Amount plus applicable taxes
  • Pre-Payment Charges

    • Nil with variable interest rates after 12 months.

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 Fees and Charges

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

Residential

CATEGORY  CHARGES 
Loan Processing  1%
Prepayment / foreclosure  3%*
Stamp duty and other statutory charges As per applicable laws of the state

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?

IDFC First 8% per annum onwards
ICICI Bank 8.35-10% per annum
HDFC Bank 8-8.95% per annum
SBI 8.45-10% per annum

Edelweiss Loan Against Property Customer Care Number

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

Get your latest Credit Score, FREE

Loan Against Property Guide

Get in-depth knowledge about all things related to loans and your finances

Unlock Your Property’s Value with Loan Against Property in 2023
Vimal VijayanFeb 27, 2023

Unlock Your Property’s Value with Loan Against Property in 2023

Loan Against Property or a property loan is a financial assistance tool available with an immovable asset or real estate as collateral. This secured loan can be used for myriad reasons instrumental in

Complete Details Loan Against Property Balance Transfer
Vimal VijayanJan 05, 2023

Complete Details Loan Against Property Balance Transfer

A balance transfer is a facility that allows a customer to switch their lender for an improved or lower interest rate and services. Consequently, the new bank will be liable to pay the outstanding loa

How to Get Loan Against Property Without Income Proof?
Tushar GautamJul 25, 2022

How to Get Loan Against Property Without Income Proof?

When you pledge your residential or commercial property as collateral to the lender and borrow a specific amount in return, it is known as a loan against property or LAP. Simply put, it is a loan you

Urban Money