Nido Home Finance (Formely Edelweiss Housing Finance)

Disclaimer: Nido Home Finance is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Nido Home Finance for home loans. No offers/services from Nido Home Finance are being provided by Paisabazaar for home loans. For further information about Nido Home Finance for home loans, users are required to reach out directly to Nido Home Finance.

Nido Home Finance Home Loan Highlights
Interest Rate	Depends on the applicant’s credit profile
Loan Amount	Up to Rs 25 lakhs
Loan Tenure	10 years to 20 years
Processing Fees	Up to 2% of the loan amount

Updated as of 10 September 2025

Nido Home Finance Interest Rates

Nido Home Finance has not disclosed the interest rates for home loan. However, the HFC has specified the Annual Percentage Rate (APR) @ 12.26% p.a. The APR of a home loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination.

The lender may consider the credit score, monthly income, employment profile, employer’s profile, loan amount, etc. of its home loan applicants while setting their home loan interest rates, just like many lenders do. The home loan interest rates offered by the housing finance company are floating, fixed and partially fixed partially floating in nature.

Compare Interest Rates of Home Loans for Top Banks & HFCs

Name of Lender	Loans of Up to Rs. 30 Lakh
Bank of India	7.10% p.a. onwards	Check Eligibility
State Bank of India	7.25% p.a. onwards	Check Eligibility
Punjab National Bank	7.20% p.a. onwards	Check Eligibility
Canara Bank	7.15% p.a. onwards	Check Eligibility
HDFC Bank	7.90% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.40% p.a. onwards	Check Eligibility
ICICI Bank	7.65% p.a. onwards	Check Eligibility
Axis Bank	*8.25% p.a. onwards	Check Eligibility
Federal Bank	*7.90% p.a. onwards	Check Eligibility
Kotak Mahindra Bank	7.70% p.a. onwards	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	Check Eligibility
IDBI Bank	7.35% p.a. onwards	Check Eligibility
RBL Bank	8.20% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	7.75% p.a. onwards	Check Eligibility
PNB Housing Finance	*7.20% p.a. onwards	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% p.a. onwards	Check Eligibility
India Shelter Home Loan	8.43% p.a. onwards	Check Eligibility
L&T Finance Limited	*8.40% p.a. onwards	Check Eligibility
Godrej Housing Finance	7.75% p.a. onwards	Check Eligibility
Home First Finance	8.00% p.a. onwards	Check Eligibility
Easy Home Finance	8.99% p.a. onwards	Check Eligibility
Piramal Capital Housing Finance	*8.25% p.a. onwards	Check Eligibility
Shubham Housing Finance	10.45% p.a. onwards	Check Eligibility
Punjab & Sind Bank	7.30% p.a. onwards	Check Eligibility
Jio Housing Finance	8.20% p.a. onwards	Check Eligibility
HDFC Sales Pvt Ltd	7.90% p.a. onwards	Check Eligibility

Nido Home Finance Fees and Charges

Part-Prepayment/Foreclosure Charges

Particulars	Charges
Fixed Rate Loans	·         3% of the outstanding loan amount ·         NIL, if paid from own sources
Floating Rate Loans	NIL

Processing Fees & Other Charges

Particulars	Charges
Processing Fees	Up to 2% of the loan amount
Charges for late payment	2% per month for the number of days delayed in EMI/PEMI payment from due date
CERSAI Fees	Rs 50 (for loans up to Rs 5 lakhs)
	Rs 100 (for loans above Rs 5 lakhs)
Stamp Duty	As per applicable law of the state
Cheque Bounce Charges	Up to Rs 500/bounce
Cheque Swap Charges	Up to Rs. 500/swap
Document Retrieval Charges	Up to Rs 500
Duplicate Statement issuance	NIL
Cheque Pick up Charge	Up to Rs 150/pick up
Repayment	Rs 500

Types of Nido Home Finance Home Loan

Nido Home Finance offers the following variants of home loans:

• Home Loan (HL) – for purchase and construction of house
• Home Improvement Loan (HIL) – for repair and renovation of dwelling units
• Plot Purchase and Construction (PCL) – for purchasing a plot and constructing house on the purchased plot

Existing home loan borrowers can transfer their existing home loans to Nido Home Finance (known as Edelweiss Housing Finance) through the Balance Transfer Home Loan facility.

Eligibility Criteria for Nido Home Finance

Nido Home Finance considers the credit score, age, monthly income, nature of business (self-employed applicants), job profile (salaried applicants), etc. of its applicants while evaluating their home loan eligibility. The home loans are assessed after a cash flow assessment, scrutiny of business financials and detailed field investigation. Stated below are the applicants who can apply for home loans:

• Salaried Applicants
• Self-employed and Professional applicants based on their formal income proof
• Self Employed applicants with assessed income

Nido Home Finance Documents Requirements

Stated below are the documents required for availing home loan from Nido Home Finance:

For Salaried Individuals

• Recent salary slip or salary certificate
• In the case of Cash Salary, Form No.16/Appointment letter/PF statement
• Any other documents as required

For Self Employed Individuals

• Income Tax returns of last 2 years, duly certified by CA
• Balance Sheet and Profit and Loss A/C of last 2 years, with Annexures & Schedules
• Any other documents as required

KYC Documents

• Identification Proof
• Passport size Photograph
• Age Proof
• Last 3 to 6 months copy of Bank statement/Passbook