What is the part prepay policy of Edelweiss Bank Loan against the property?
Borrowers must know the date of the final disbursement. From this date, they are eligible to prepay the loan after 6 months. The prepayment amount should not be more than 25% of the outstanding balance amount against the loan on the prepayment date. Every part prepayment made 12 months before the loan is foreclosed will be charged a foreclosure rate when the loan gets foreclosed. The bank will decide this rate.