What is Edelweiss Housing Finance Rate of Interest?

The Edelweiss housing finance rate of interest, as far as I know, is between 10.50% and 11.75%. However, bank officials usually do not speak of it as the rates are not fixed and vary based on the applicant’s loan amount, loan tenure, creditworthiness, and others. I will thus suggest you visit the Edelweiss housing finance branch of the website and get to know the interest rate there. 

What is the Edelweiss Home Loan Interest Rate?

The interest rate for the Edelweiss home loan, as I said, usually remains between 10.50% and 11.75% but can vary based on the applicant’s:

• Loan amount

• Loan tenure

• Creditworthiness

• Income and other factors

As for the features, the Edelweiss housing finance comes with

• Category expertise of more than 10 years

• It is present in more than 850 talukas in India.

• Their team is dedicated and professional in resolving problems.

• They offer seamless service.

You can consider availing a home loan from here, but you better check the interest rate, eligibility, and other aspects carefully.

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Hi there, I was searching for a home loan with a low interest rate as we were buying a plot in Bengaluru. So, amongst many other banks and NBFCs, I checked the Edelweiss Housing Finance rate of interest. Let me help you by sharing the interest rate for the loan.

What is the Edelweiss Home Loan Rate of Interest?

Here are the interest rates for a home loan from Edelweiss Housing Finance for salaried applicants. I recently found out that Edelweiss has now become Nido Housing Finance. So, don’t get confused with the name.

There are certain factors which determine the interest at which you’ll be given the home loan.

• Credit Score: A healthy credit score with a good track record of loan repayment and more helps in securing a home loan at a lower interest rate.

• Your Occupation type: A lot of financial institutions have different interest rates depending on whether you’re a salaried or a self-employed applicant.

• Loan Tenure: If you take a loan with a longer tenure, the interest rate is comparatively higher with lower EMIs.

• LTV ratio: The Loan To Value ratio is the percentage of property amount you get as a loan. A higher percentage would mean a higher interest rate due to more credit risk for the lender.

So, this is all from my side regarding the Edelweiss home loan interest rate. I hope you find the details helpful.