Loan Against Rental Income


Loan Against Rental Income

Beneficiery Owners of property who have let out or proposed to be let out the same reputed company/commercial/ industrial/Banks /Reported govt/ semi govt./institutions etc
Purpose Business and Personal needs
Loan Limit maximum to the extent of 50% of post TDS Rent receivable for a periods. Not exceeding 120 months or unexpired period of lease or Rs.25 lac which ever is less.
Rate of interest 13.00%
Margin 50% of loan Amt
Repayment Maximum 10 years or unexpired period of lease whichever is earlier.
Collateral security 150% of loan amt
Area of operation Loan shall be advanced in the area operation of Distt. Kapurthala
TOP