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 120% 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.
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