Lease Rent Discounting
Lease Rental Discounting (LRD) is a term loan offered against rental receipts derived from lease contracts with corporate tenants. The loan is provided to the lessor based on the discounted value of the rentals and the underlying property value.LRD is typically offered against commercial property.
Rent receipts are payable by the tenant directly to an escrow account with the lending bank.Rental income is credited in this account and EMI is deducted of it.
The underlying tenanted property, which may be commercial property or commercial property will be taken as collateral. No plot, self construction or under construction properties will be allowed. Bank also see that future rental from the property resecured .
If you are interested in knowing more about Lease Rent Discounting or wanted to apply for the LRD, please contact us at +91-011-43715061 or firstname.lastname@example.org
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