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Edelweiss Financial Services Home Loan

Thanks to their simplified online application process, you can easily apply for an Edelweiss Finance home loan and get quick approval. Edelweiss Finance is a reputable financial services firm that provides various home loan products to meet your requirements. Edelweiss Finance offers flexible loan options with competitive interest rates whether you are purchasing a new home or renovating an existing one. The company is dedicated to assisting its customers in realising their homeownership goals through a customer-centric approach and personalised services.

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Edelweiss Home Loan Overview

It is easy to apply for Edelweiss home loan, especially taking the convenient Edelweiss home loan online application procedure into account. You will get attractive Edelweiss home loan interest rates as well. Edelweiss Housing Finance Ltd is a housing finance company which provides a variety of home loan solutions for customers. Customers from both the self-employed and salaried categories are eligible to apply. There is also an Assessed Income Program through which home loans are given to customers who may not always have formal income documents. Big and small home loans up to Rs. 25 lakh are offered to customers.

Edelweiss Home Loan Eligibility Criteria

Here are the Edelweiss home loan requirements and the documents required for Edelweiss home loans:

  • Latest salary slip/certificate for salaried borrowers and last 2 years’ IT returns for self-employed borrowers with CA certification. 
  • Salaried borrowers have to provide Form 16 or PF statement or appointment letter (in case of salary in cash) while self-employed borrowers have to provide last two years’ profit and loss statement and balance sheet along with schedules and annexure. 
  • Bank statements for the last 3-6 months. 
  • Age and Identity Proof.

FAQs

Is a Home Loan A Tax Saving Deduction?

Yes you can save taxes up to Rs. 1.5 lakh on principal repayment of your home loan under Section 80C. You can also get savings up to Rs. 2 lakh on interest repayments under Section 24.

What is The Minimum Salary For A Home Loan?

The minimum salary is usually Rs. 25-30,000.

Can I Take Two Home Loans at a Time?

Yes you can take two home loans together if you are eligible and have the repayment ability.

When does The Loan Repayment Period Start?

The repayment period begins from the month after the one in which the loan has been disbursed.