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Cent Rental Business

Purpose: For meeting business needs falls under MSME category or any lawful activity including expansion of present business but not for speculative purpose / Capital Market Activity/ Commercial Real Estate activity

Eligibility: Property owners having their property situated in Metro/ Urban / Group Semi-Urban area, who have let out /leased their property under registered lease deed to Govt./ Semi Govt./ Public Sector Undertaking/Reputed Corporations / Banks/ Financial Institutions/ Insurance Cos./ and Multi-National Companies

Facility: TL

Max Finance: Rs.25 Crs

RATE OF INTEREST: Attractive rate of interest based on RBLR

Loan Term: 84 Month

Security: Assignment of future rent receivables in favour of Bank. / EM of property : Realizable value should be at least 150 %