Lease Rental Discount is a Term loan offered against income producing commercial property . The LRD loan works on the premise that you leased property derives fixed rent which you can use a collateral to generate funds instantly.
Lease Rental Discount is a Term loan offered against income producing commercial property . The LRD loan works on the premise that you leased property derives fixed rent which you can use a collateral to generate funds instantly. It is applicable only for commercial properties or specialised properties such as warehouses , industries, school, hotel, hospitals, banquet Properties, marriage gardens etc.. maximum loan term for the lease rental discounting is 15 yeras for specialised properties to lease rental Discountingloan tenure is 10 years.
Lease Rental Discount is a Term loan offered against income producing commercial property . The LRD loan works on the premise that you leased property derives fixed rent which you can use a collateral to generate funds instantly. It is applicable only for commercial properties or specialised properties such as warehouses , industries, school, hotel, hospitals, banquet Properties, marriage gardens etc..
Maximum loan term for the lease rental discounting is 15 yeras for specialised properties to lease rental Discountingloan tenure is 10 years.