Loan Against Rent Discounting
Turn your current rentals and receivables into instant funds at no additional burden.
Introduction
With Loan against Rent Discounting, you can secure funds based on the current and future rent receivables of your property leased to tenants. It does not touch your other income as the funding is based on the monthly rental receivables. Ideal for Office premises, MIDC properties, Hotels, restaurants owners with long-term lease agreements.
Features
The loan is derived on the monthly rental credits.
Loan Tenure up to 15 years.
EMI adjusted from the rentals hence no extra load.
Available in the form of Term Loan as well as Overdraft Facility.
All commercial leased out properties accepted as collateral.
