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 Dont’s

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

APPLY

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 Dont’s

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

APPLY

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 Dont’s

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

APPLY