Eligibility Criteria for Property Lease Cash Loan:
- Applicants should be bona fide owners of the leased property.
- The lessees shall be a reputed and established entity
Purpose of Lease Cash:
- For repair, renovation, investment.
Amount of property Lease Finance:
- Up to 80% of the Net Rent Receivables OR net rent of residual lease period, whichever is less subjected to Maximum ₹500 Lakhs.
Period of Property Lease Cash Loan:
- Maximum up to 84 months
- Mortgage of leased property or any other commercial/residential property.
Repayment:
- Equal/Equated Monthly Installments out of rent receipts.
Margin:
- 20% on net rent receivables.
Rate of Interest for Property Lease Cash Loan:
- View Latest Rate of Interest
- View Service Charges.
- Upfront charges will be collected (wherever applicable) towards legal, valuation, BIR etc.
The above information is subject to terms and conditions.For more details, please contact the nearest Branch
