Will the interest rate of my Edelweiss Bank Loan Against Property change during the loan tenure?
Yes, your rate of interest can change during the tenure at the discretion of the bank. When processing your application, the bank decides the interest rate depending on the loan amount, the applicant's income, and type of property, among many other factors. During the loan tenure, this interest rate could be variable, fixed, part fixed, or part variable. Edelweiss Bank offers a variable rate of interest subject to the economic changes in the market.