Edelweiss Home Loan Interest Rates 2022
Edelweiss Housing Loan Interest Rate -Today
- Current Edelweiss Home Loan interest rates May 2022 starts at 8.00% p.a. for a maximum tenure of 25 years.
- The processing fee on Edelweiss housing loans is Upto 0.25%. Check Best Offers.
- Use Edelweiss home loan interest calculator to calculate EMI on lowest rates.
Interest Rate General | 8.00% - 16.95% |
Interest Rates for Women | 8.00% |
Benchmark rate | PLR |
Processing Fees | NIL |
Part Payment/Foreclosure Charges | Nil for floating rate home loans |
Balance Transfer Rates | 6.50% |
Sorry! You have exceeded your daily OTP limit. Please retry after 24 hours.
- MyLoanCare does not charge any fees for processing your application. Never pay any cash to anyone for your application.
- Never share your OTP with anyone.
Please Re-confirm Your Number
Please Re-confirm Your
Edelweiss Home Loan Interest
Edelweiss offers home loans to both salaried individuals and self-employed at a minimum rate starting at 8.00%. Apart from the interest rate, the bank also has various other charges such as Edelweiss processing fee and foreclosure and prepayment fee for closing or prepaying the loan before the loan tenure ends.
- Current Edelweiss Bank housing loan interest rates range between 8.00% to 16.95% for male borrowers.
- Edelweiss home loan interest for women borrowers is less than the general housing loan rates and starts at 8.00%.
- Existing customers can get the lowest Edelweiss bank home loan rate by negotiation with the bank.
Edelweiss Housing Loan Processing Fee and Other Charges
Edelweiss home loan processing charges are upto 0.25% of the loan amount from its home loan customers to cover its expenses of conducting credit appraisal and technical evaluation of property. In addition to processing fees, the bank also charges certain technical and legal charges which are explained to the customer during the loan process and are payable once the loan application proceeds further.
Processing Fees | Upto 0.25% of the loan amount; |
Part Prepayment Charges | Allowed |
Foreclosure Charges | Nil for floating rate home loans |
Interest Rates on Edelweiss Home Loans Schemes
Edelweiss offers a housing loan interest rate of 8.00%. If you want to avail of the home loan at the lowest rates, you should have a good CIBIL score, debt-income ratio and repayment capacity. In addition, Edelweiss home loan interest rates are lower for existing customers of the bank and individuals who are working with reputed corporations with a stable employment history.
Below-mentioned are Edelweiss home loan rates for multiple housing schemes.
Edelweiss Home Loan Scheme | IR Salaried (Male) | IR Salaried (Female) | IR Self-employed (Male) | IR Self-employed (Female) |
---|---|---|---|---|
Edelweiss Home Loan Floating | 8.00% | 8.00% | 8.00% | 8.00% |
Edelweiss Home Loan Interest Rate for Salaried and Self-Employed
The home loan interest rates in Edelweiss for salaried and self-employed is mentioned in the table below:
Home Loan Interest Rate for Salaried
Loan Amount | Rate |
---|---|
Upto ₹ 30 Lakh | 8.00% |
₹ 30 Lakh - ₹ 75 Lakh | 8.00% |
₹ 75 Lakh - 1.50 Cr | 8.00% |
Above ₹ 1.50 Cr | 8.00% |
Housing Loan Interest Rate for Self-Employed
Loan Amount | Rate |
---|---|
Upto ₹ 30 Lakh | 8.00% |
₹ 30 Lakh - ₹ 75 Lakh | 8.00% |
₹ 75 Lakh - 1.50 Cr | 8.00% |
Above ₹ 1.50 Cr | 8.00% |
Edelweiss Bank Home Loan Interest Rate For Women & Govt Employee
Loan Amount
Edelweiss Home Loan Interest For Women Edelweiss Home Loan Interest For Govt Employee
Upto ₹ 30 Lakh
8.00% 8.00%
₹ 30 Lakh - ₹ 75 Lakh
8.00% 8.00%
₹ 75 Lakh - 1.50 Cr
8.00% 8.00%
Above ₹ 1.50 Cr
8.00% 8.00%
Loan Amount | Edelweiss Home Loan Interest For Women | Edelweiss Home Loan Interest For Govt Employee |
---|---|---|
Upto ₹ 30 Lakh | 8.00% | 8.00% |
₹ 30 Lakh - ₹ 75 Lakh | 8.00% | 8.00% |
₹ 75 Lakh - 1.50 Cr | 8.00% | 8.00% |
Above ₹ 1.50 Cr | 8.00% | 8.00% |
Compare Edelweiss Home Loan Rate with Top Banks
Edelweiss offers multiple home loan schemes at affordable interest rates. However, you must compare between Edelweiss housing loan interest and other bank’s home loan rates before applying:-
Particulars | Edelweiss | SBI | HDFC |
Interest Rate | 8.00% - 16.95% | 6.65% - 7.05% | 7.00% - 7.95% |
Processing Fees | Upto 0.25% |
NIL | Min ₹ 3,000 |
Loan Tenure | 25 Years | 30 Years | 30 Years |
Maximum Loan Amount | ₹ 5 Cr | ₹ 7 Cr | ₹ 5 Cr |
Age | 21 - 65 Years | 18 - 70 Years | 24 - 65 Years |
Benchmark Rate | PLR | RLLR | PLR |
Lowest EMI Per Lakh | ₹ 772 per lakh | ₹ 642 per lakh | ₹ 665 per lakh |
Edelweiss Home Loan Balance Transfer Interest Rates
Edelweiss home loan balance transfer facility is ideal for existing home loan customers paying high interest to their existing lender. Through this facility, you can transfer your existing home loan to Edelweiss at a lower interest rete without closing the account. However, you need to check the foreclosure charges that you have to pay to your existing lender if it is a fixed rate loan. Currently, Edelweiss offers the loan balance transfer rate of 6.50%.
Maximum Annual Percentage Rate (APR) | 8.01% to 16.96% |
Representative example of the total cost of the loan, including all applicable fees | Here is an illustration of the total cost of the loan:
|
Edelweiss Home Loan Rate Trends (Historical)
Last Revised Date | Lowest Home Loan Interest Rate of Edelweiss | Rate Difference |
18 Oct, 2021 | 10.50% | ▼-2.5% |
FAQs
✅Is Edelweiss home loan a floating rate loan or a fixed-rate loan?
Edelweiss offers home loans at both fixed and floating rates. In the case of the fixed rate, the interest remains the same throughout the tenure. On the other hand, the home loan rates vary as per the market fluctuations for floating home loan rates.
✅What is the Edelweiss home loan interest rate for existing customers?
Existing customers of Edelweiss who have any other loan accounts or investment accounts in Edelweiss can get a discounted rate than the general Edelweiss bank home loan interest rate. The current Edelweiss home finance rate of interest is 8.00%.
✅What is the Edelweiss home loan rate today?
Edelweiss offers home loan interest rate today is in the range of 8.00% to 16.95%. The bank does not charge any processing fees on the home loan amount. You can get the lowest Edelweiss interest rate if you have a good CIBIL and existing relationship with the bank.
✅Why should I opt for balance transfer to Edelweiss?
Edelweiss offers the lowest balance transfer rates on housing loans. At the lowest rates, your housing loan EMI will be ₹ 772. If you are paying an EMI of more than ₹ 772, you should transfer your outstanding loan from the existing bank to Edelweiss. Apart from the discounted rates, you can also avail of flexible loan tenure, top-up loans and other benefits.
✅Can Edelweiss housing loan interest rate be negotiated?
Yes, if you have a good relationship with the bank and a high credit score, you can negotiate with Edelweiss to lower the Edelweiss interest rates. Apart from the home loan rates, you can also negotiate over the processing fee.
✅Does Edelweiss offer a concessional home loan interest rate for women?
Yes, Edelweiss offers special home loan interest rates for women. As against Edelweiss home loan rates for male which is 8.00%, the home loan interest rate for women starts at %.
✅At what interest rate does an Edelweiss employee get a home loan?
Edelweiss offers concessional home loan rates of about 1% than the current home loan rates to Edelweiss employees.
Please select atleast 2 banks to compare
-
Home Loan
Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000
Apply Now -
Personal Loan
Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.
Check Offers -
Gold Loan
Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500
Apply Now -
Loan Against Property
Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.
Apply Now -
Business Loan
Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.
Apply Now -
Fixed Deposit
AAA rated FDs with returns as high as 7.05%.
Invest Now
- 2022-03-28 : Edelweiss Housing Finance Ties up for Co-lending in Priority Sector Home Loans
Edelweiss Housing Finance Limited (EHFL) partnered with the SBI for co-lending towards priority sector home loans to self-employed entrepreneurs and salaried customers. The alliance will leverage the combined reach in tier II and tier III markets. - 2021-06-10 : Central Bank of India to become co-lending partners with Edelweiss
Edelweiss Retail Finance Ltd. (ERFL) strengthened its co-lending partnership with the Central Bank of India in order to ensure priority sector lending to the MSMEs. MSMEs can now avail collateral free loans of upto 50 lakhs and Loan against property of upto Rs 10 crores. - 2017-02-10 : Edelweiss Financial registers 47 percent growth in its net profit in third quarter of FY17
Edelweiss Financial has reported a growth of 47 percent in its net profit at Rs. 155 crore during the third quarter of FY17 as compared to Rs. 106 crore for the corresponding period a year ago. The housing finance company also registered a healthy growth of 18 percent in its total income at Rs. 1,609 crore during the quarter as compared to Rs. 1,361 crore a year ago.

I took a home loan of 20 lakh for 20 years on good interest rates. The customer service was good butRead more...