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Advance against rent receivables

Objective designed to address the financial requirement of applicants having self owned property given on rent and enable them to get the liquidity against the expected future rentals of the property.

Upto Rs 100.00 LacsAbove Rs. 100.00 Lacs
50% Margin: 12.50%. p.a12.00% p.a
40% Margin: 13.00. p.a12.50% p.a
30% Margin: 13.50%. p.a13.00% p.a

Margin: 5% of net of TDS.
Tenure: Maximum 60 months/Lease period whichever is lower.
Security: Equitable/registered Mortgage of immovable property..
Processing Fees: 1% of the Loan amount.