Lease Rent Discounting


Lease Rental Discounting (LRD) is funding against the regular cash inflow of an individual from rent of a commercial property. An individual can apply for this loan if he has a long-term lease from a reputed lessee. The funds from this loan can be utilised to fulfil your personal or business needs.

LRD can be availed by both salaried and self-employed individual.

Maximum loan depends on the following:

    1. The loan cannot exceed 65% of the Market Value of the property.
    2. Maximum EMI can be upto 75% of the monthly rental.
    3. Profile of the Lessee.
  1. Photograph
  2. PAN, Aadhar Card, Election ID card or Passport
  3. Aadhar Card, Election ID card, Passport, Utility Bill
  4. Copy of Lease agreement
  5. Bank statement reflecting timely rental credits.
  6. Documents of property to be mortgaged