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Leasing a Home

LEASE RENTAL DISCOUNTING

Owning a commercial or residential property in India comes with its share of advantages – the principal one among them being that the property owner is able to lease out the premises to earn rental income. Apart from monetising the property, the rent receivables also yield an additional benefit to the owner: he can raise a term loan against the rent for personal or business intents. This loan is known as Lease Rental Discounting (LRD) and is approved against the discounted rental cash flows from the property and its current market value.​

​​​​​​​Is Lease Rental Discounting (LRD) for you?

​The LRD term loan is a gainful financial option to explore if you require a short-term loan for your personal or professional needs. You may opt for an LRD loan if you own residential or commercial or warehouse premises and if your premises is generating rental yields. Your leased property must have a registered agreement between yourself and the lessee.​

​​​​​​​Why Lease Rental Discounting (LRD)?

We offer Lease Rental Discounting (LRD) to property owners who have leased their owned premises to receive rent. The LRD eligibility is calculated on the basis of the discounted rental cash flows of the property, and its current market value. It is a term loan that can be used for both personal and professional needs.

Features of Lease Rental Discounting

  • Collateral: Residential, commercial and warehouse property under lease

  • Property credentials:Clear title,

  • Tenure: Up to 15 years

  • Minimum loan amount: Rs 50 lacs

  • Maximum loan amount: as per norms

  • Benefits: Attractive interest rates, loan transfer from other institutions with top up facility, faster processing

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Please ask us for required documents and escrow account process at the time of application.

Next steps...

Our Relationship Manager can meet you at your convenience.

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