
LEASE RENTAL DISCOUNTING
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LEASE RENTAL DISCOUNTING
- OBJECTIVE FOR LEASE RENTAL DISCOUNTING
- Before offering this loan, the banks will take care to ensure that he following conditions have been met
- The property has been rented out.
- The property has been built according to the plan approved by the local government authorities.
- There is a confirmed lease agreement between you and your tenant.
- You and your tenant are worthy of giving credit.

Eligibility
- Your eligibility is computed on the basis of the rentals that you receive against the property.Your EMI can be up to 70% of the gross rental income or 90% of the net rental income whichever is lower.
Silent Features
- Maximum Loan Amount.
- Maximum Tenure.
- Door step services.
- Low Rate of Interest.
Required Documents
- Duly filled Application Form with Photograph.
- Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority).
- Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority).
- Last 3 years Income Tax returns (self and business) with Profit and Loss Account and Balance Sheets duly certified/audited by a Chartered Accountant.
- Processing Fee Cheque in favour of bank.
- Photocopy of Title Documents of the Property, Approved Plan.
- Copy of Registered Lease Deed
- Last 6-12 months Bank Statements which reflect the Rental Credits in the Account.
- All documents need self-attestation.
Testimonials
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