Fees and Charges

                FEES & CHARGES

Processing Fees Up to 2% of Loan Amount plus applicable taxes
Part Prepayment / Foreclosure Charge- Home Loan
  • Floating Rate Loans:
    • Individual Borrowers* : Nil
    • Non Individual Borrowers***: 2% of Outstanding amount plus applicable taxes
  • Fixed Rate Loans :
    • Nil if prepaid with funds from ‘Own Source’**** Else
    • 2% of Outstanding amount plus applicable taxes
Part Prepayment / Foreclosure Charge- Non-Housing
  • Floating Rate Loans:
    • Individual Borrowers* : Nil
    • Non Individual Borrowers***: 5% of Outstanding amount plus applicable taxes
  • Fixed Rate Loans : 5% of Outstanding amount plus applicable taxes
Charge for Late payment 24 % per annum
Cheque Swap Charge Up to Rs. 500 plus applicable taxes per Swap
Document Retrieval Charge Up to Rs. 500 plus applicable taxes
Cheque Bounce Charge Up to Rs.500 plus applicable charges per bounce
Duplicate Statement Issuance Charge Rs. 500 plus applicable taxes per document
Cheque Pick up Charge Up to Rs. 150 plus applicable taxes per pick up
CERSAI charges
  •  Rs.100 plus applicable taxes (for  Loans above Rs. 5 Lacs)
  •  Rs. 50 plus applicable taxes (for Loans upto Rs. 5 Lacs)
You may visit the website of CERSAI (www. cersai.org.in) for details of such charges.
NeSL Data Submission Charges(plus applicable taxes) * For more information, kindly visit                                  www. Nesl.co.in for details of charges. Applicant Companies/LLPs Other Commercial entities Individuals
Data submission per loan record of a borrower for each year 1st loan record – Rs. 300/-; 2-10 loan record– Rs. 100/- each ·         11th onwards – Rs. 50/- each Annual renewal fee- Rs-250/- 1st loan record – Rs. 150/- 2nd onwards – Rs. 50/- each Annual renewal fee- Rs-125/- Unsecured- All loan records- Rs. 25/- each Secured- All loan records- Rs. 50/- per loan account (one time fee) (Rs.10 for annual updation after completion of period of 5 years from the date of 1st submission)
Stamp Duty & other statutory Charges As per applicable laws of the State
Conversion Fee Up to 1.5% of the Loan outstanding plus applicable taxes will be charged for reduction in the Interest rate of existing Loans
*Nil foreclosure charges/pre-payment charges applicable for floating term home loans in which applicant is individual irrespective of co-applicant being individual/ non-individual.  
** Nil foreclosure charges/pre-payment charges applicable for floating rate loan against property sanctioned for loan purposes other than business to individual borrowers with or without co-obligant(s).   
***Non individual borrower means and includes Sole Proprietorship Concern, HUF, Partnership Firm, Company, Limited Liability Partnership (LLP), AOI, BOI.
****‘Own Source’ for this purpose means any source other than borrowing from a Bank / Housing Finance Company (HFC) / Non-Banking Financial Company (NBFC) or Financial Institution.

 You shall be required to submit a Prepayment Request Letter along with copies of your Bank Statement or any other document that the Company deems necessary to ascertain the source of funds used for the prepayment. All charges, taxes, levies etc. applicable as per the prevailing rate will be charged over and above these charges. This statement of charges is as on date of disbursement and are subject to changes / revision from time to time and the same will be updated on the website.

                FEES & CHARGES

Processing Fees Up to 2% of Loan Amount plus applicable taxes
Part Prepayment / Foreclosure Charge- Home Loan
  • Floating Rate Loans:
    • Individual Borrowers* : Nil
    • Non Individual Borrowers***: 2% of Outstanding amount plus applicable taxes
  • Fixed Rate Loans :
    • Nil if prepaid with funds from ‘Own Source’**** Else
    • 2% of Outstanding amount plus applicable taxes
Part Prepayment / Foreclosure Charge- Non-Housing
  • Floating Rate Loans:
    • Individual Borrowers* : Nil
    • Non Individual Borrowers***: 5% of Outstanding amount plus applicable taxes
  • Fixed Rate Loans : 5% of Outstanding amount plus applicable taxes
Charge for Late payment 24 % per annum
Cheque Swap Charge Up to Rs. 500 plus applicable taxes per Swap
Document Retrieval Charge Up to Rs. 500 plus applicable taxes
Cheque Bounce Charge Up to Rs.500 plus applicable charges per bounce
Duplicate Statement Issuance Charge Rs. 500 plus applicable taxes per document
Cheque Pick up Charge Up to Rs. 150 plus applicable taxes per pick up
CERSAI charges
  •  Rs.100 plus applicable taxes (for  Loans above Rs. 5 Lacs)
  •  Rs. 50 plus applicable taxes (for Loans upto Rs. 5 Lacs)
You may visit the website of CERSAI (www. cersai.org.in) for details of such charges.
NeSL Data Submission Charges(plus applicable taxes) * For more information, kindly visit                                  www. Nesl.co.in for details of charges. Applicant Companies/LLPs Other Commercial entities Individuals
Data submission per loan record of a borrower for each year 1st loan record – Rs. 300/-; 2-10 loan record– Rs. 100/- each ·         11th onwards – Rs. 50/- each Annual renewal fee- Rs-250/- 1st loan record – Rs. 150/- 2nd onwards – Rs. 50/- each Annual renewal fee- Rs-125/- Unsecured- All loan records- Rs. 25/- each Secured- All loan records- Rs. 50/- per loan account (one time fee) (Rs.10 for annual updation after completion of period of 5 years from the date of 1st submission)
Stamp Duty & other statutory Charges As per applicable laws of the State
Conversion Fee Up to 1.5% of the Loan outstanding plus applicable taxes will be charged for reduction in the Interest rate of existing Loans
*Nil foreclosure charges/pre-payment charges applicable for floating term home loans in which applicant is individual irrespective of co-applicant being individual/ non-individual.  
** Nil foreclosure charges/pre-payment charges applicable for floating rate loan against property sanctioned for loan purposes other than business to individual borrowers with or without co-obligant(s).   
***Non individual borrower means and includes Sole Proprietorship Concern, HUF, Partnership Firm, Company, Limited Liability Partnership (LLP), AOI, BOI.
****‘Own Source’ for this purpose means any source other than borrowing from a Bank / Housing Finance Company (HFC) / Non-Banking Financial Company (NBFC) or Financial Institution.

 You shall be required to submit a Prepayment Request Letter along with copies of your Bank Statement or any other document that the Company deems necessary to ascertain the source of funds used for the prepayment. All charges, taxes, levies etc. applicable as per the prevailing rate will be charged over and above these charges. This statement of charges is as on date of disbursement and are subject to changes / revision from time to time and the same will be updated on the website.
Edelweiss Financial Services Limited 2016

Edelweiss Housing Finance Limited (EHFL) | CIN: U65922MH2008PLC182906

EHFL is regulated by the National Housing Bank (NHB) vide Certificate of Registration (CoR) No. 03.0081.10 dt. 18/03/2010. However, NHB does not accept any responsibility or guarantee about the present position as to the financial soundness of Company or correctness of any of the statements or representation made or opinion expressed by the Company.

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