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Lease Rental Discounting is a term loan that is offered against rental receipts and is availed by tenants against leased contracts. This advance provided to the lessee is based on the discounted market price of rentals and the underlying value of the property. You can go for LRD, in case you own a property that renders you fixed rentals.
If you own a property, you are liable to earn fixed rentals from the same at regular intervals. With Lease Rental Discounting through Loan Against Property from our loan partners you can now get a loan on the discounted value of rentals and the underlying property value.
We always strive for innovation to benefit our customers in as many ways possible. Thats why we offer a rent securitization scheme wherein we provide loan against assured rental receivable from a property owned by you, which has been let out to a Bank, Multinational Company, AA* or AAA* Rated Corporate and Government/ Semi Government Undertakings.
Advantages of taking Lease Rental Discounting ( LRD ):
Provides an extensive range of non-home loan products like Loan for Purchase & Construction of Commercial Property, Loan Against Residential & Commercial Property and Lease Rental Discounting Pan India branch network
Robust service delivery model door step services ensuring easy and fast approval & disbursal of loans Excellent post disbursement services
Facility of enhancement in loan amount in the event of escalations in cost
Dedicated team of well-experienced employees who work on best-in-class information systems & network to deliver and provide customer satisfaction High standards of ethics, integrity and transparency Various repayment optionsLearn more