Should there be a co-applicant to my Edelweiss Bank Loan Against Property?
Edelweiss Bank requires the applicant to have a co-applicant to the loan. According to the lender's terms, every co-owner of the mortgaged property must be the co-applicant to the loan. If the property has a sole owner, the co-applicant must be an adult member of the applicant's immediate family. If the property belongs to a company or partnership, or a firm, the promoters, directors, or business partners must be the co-applicants.