Bank
Edelweiss Retail Finance

The Edelweiss Group is one of India's leading diversified financial services conglomerates providing a broad range of financial products and services to a substantial and diversified client base that includes corporations, institutions and individuals.

About Home Loan

It provides customized loans to help you buy your dream home

Eligibility Criteria

                                           SALARIED                       SELF EMPLOYED

Loan Amount

Min: 10 Lacs 
Max: 10 Crs

Min: 10 Lacs 
Max: 10 Crs

Max Loan to Value

80% of Market value 
(includes Stamp duty, 
Registration etc)

80% of Market value 
(includes Stamp duty, 
Registration etc)

Max EMI

60% of Monthly
Salary

100% of Business 
Income

Max Tenure

25 years

20 years

Min Age

21 years

25 years

   

 

 

Documents Required

KYC Documents*

Passport Size photo, Identity, Residence and 
Age Proof, Bank statement for last 6 months

Income Proof*

Form 16 and Last 3
months' Salary slip

Last 2 years audited IT returns and Balance
sheet and profit and 
Loss statements 
certified by CA

 

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

 

Don't

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another
  • Do not give notice to your landlord before consulting with your loan officer

About Business Loan

Edelweiss recognises that small and medium enterprises play a crucial to the Indian economy. They also understand the criticality of financing for SME growth. Edelweiss SME Lending will provide you with customised term loans structured to suit your varied business needs

Eligibility Criteria

  • A combination of unsecured and secured lending at compelling prices

  • Term Loans with amounts ranging from 10 lakhs to 25 crore

  • Loan tenure up to 10 years

Documents Required

  • Proprietorship, Partnership Firms and closely held Private Limited Companies
  • Minimum 3 years of track record in the business
  • Minimum turnover of 1 crore
  • Profit-making business
  • Signed application form
  • Last 3 years of audited financials and Income Tax Returns
  • Bank statements for last 6 months
  • Copy of PAN and Address proof of the owners
  • Copy of Partnership Deed or Memorandum and Articles of Association

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

 

Don't

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another
  • Do not give notice to your landlord before consulting with your loan officer

About Loan Against Property

Use the equity of your home or commercial space to fulfil your dream or for business expansions through rate Loans against property

Eligibility Criteria

     

 

        Salaried                                            

Self Employed

Loan Amount

Min: 10 Lacs 
Max: 10 Crs

Min: 10 Lacs 
Max: 10 Crs

Max Loan to Value

60% of property value

60% of property value

Max Tenure

15 years

15 years

Min Age

21 years

25 years

 

Documents Required

KYC Documents*

Passport Size photo, Identity, Residence and 
Age Proof, Bank statement for last 6 months

Income Proof*

Form 16 and Last 3
months' Salary slip

Last 2 years audited IT returns and Balance
sheet and profit and Loss statements  certified by CA

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

 

Don't

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another
  • Do not give notice to your landlord before consulting with your loan officer