Edelweiss Bank Mortgage Loan

Edelweiss Bank Mortgage Loan - http://www.loansandcredits.in/apply-edelweiss-bank-mortgage-loan/
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Apply Edelweiss Bank Mortgage Loan


Apply Edelweiss Bank Mortgage Loan :- To see how a mortgage loan advance functions, envision obtaining a cash-flow to support a startup or pay for a current business’ development without swearing anything against the acquired sum.[/vc_column_text][/vc_column][/vc_row][vc_row 0=""][vc_column width="1/2"][contact-form-7 id="3155"][/vc_column][vc_column width="1/2"][vc_column_text]Edelweiss

 

Edelweiss Bank Mortgage Loan


This is a product which is ideal for individuals / companies who have a real estate asset which is free from encumbrance. Loan against property enables you to put your asset to a productive use by mortgaging it with Edelweiss and raising the funds up to a maximum of 70% of the market value of your asset. The purpose of taking the loan can be varied from utilizing the funds to buy a new property, business expansion, consolidation of existing loans, education /wedding of children among others.
This product is a great way to raise funds quickly to meet your needs with the added flexibility of choosing your loan tenure up to a maximum of 15 years for easy repayment.

We finance the following type of properties:


  • Self occupied residence

  • Self occupied commercial property

  • Leased residential property

  • Leased commercial property

  • Lease rental discounting against commercial property

Loan against property can be taken for the following purposes:


  • Business expansion

  • Working capital needs

  • Purchase of another asset

  • Medical treatments

  • Marriage of children

  • Higher studies abroad of children

  • Funding of vacation

Features and Benefits


  • Higher loan amount and tenure up to 15 years for ease of repayment

  • Attractive interest rates

  • Efficient handling of your loans

  • Quick approvals, simple processing of your loan application and flexible repayment options

  • Consolidates your loans into one single instalment

  • Higher loan amount with low EMIs

  • Funds can be used for business and personal needs

  • Special products for self employed professionals

Eligibility


  • Income, debt obligations and savings

  • Value of property mortgaged

  • Repayment track record for other loans, credit cards etc

Fees & Charges























Salaried CustomersSelf Employed ProfessionalsSelf Employed Non Professionals
Application form with photographApplication form with photographApplication form with photograph
Identity and Residence ProofIdentity and Residence ProofIdentity and Residence Proof
Latest Salary-slipsEducation Qualifications Certificate and Proof of business existenceProof of business existence
Form 16Last 3 years Income Tax returns (self and business)
Last 3 years Profit / Loss and Balance Sheet
Business profile
Last 3 years Profit / Loss and Balance Sheet / Computation of Income/ Audit Report / Last 3 Years Income Tax returns (self and business)
Last 6 months bank statementsLast 6 months bank statementsLast 6 months bank statements (self and business)
Details of existing loansDetails of existing loansDetails of existing loans

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Loan EMI Calculator


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