Lease Rent Discounting
Raise funds with your self-owned commercial property
Lease Rent Discounting (LRD)
| Who can Borrow | Proprietary firms, partnership firms, Pvt. & Public Ltd. companies |
| Type of Loan | Term Loan |
| Purpose | Business needs |
| Security | Mortgage of immovable properties |
| Margin | 25% to 40% |
| Repayment | Escrow mechanism, by way of direct collection of Lease Rentals in Bank's favour |
| Rate of Interest | As applicable from time to time |
*Conditions Apply
