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Loan against rent receivables

Under this scheme the financial assistance is provided for companies - Listed / Unlisted against the security of Commerical Property on Rent Receivables. We also do loans on Rent Receivables duly declared in their respective Income Tax Returns and not generally reflecting in Bank - Office / Commercial Premises - already owned / to be purchased with the help of the loan from Banks Only.

The loan amount may be utilized for repayment of exiting loans (including takeover) / Purchase of fixed assets and Release Deeds of for payment to Siblings / Family Members.

Loan is provided for the properties which is completed in all respects with Khata / Khata Extract and Tax Paid Receipts.

Maximum Term Offered: 15 years.

GST, as notified by the Government of India, is applicable on all fees, interest and other charges and is subject to change as per relevant regulations of the Government of India.

Terms and conditions apply / Disclaimer.

All loans are disbursed at the sole discretion of Banks. All information herein is subject to change without notice. Under no circumstances cash, bearer or blank cheque of kind should be given to any executive in connection with the loan application. Kindly note that all post dated cheques and transaction charge cheques should be crossed and issued in favour of respective banks shortlisted.

No commitments verbally or written will be given on behalf of the banks - all loans sanction / Disbursement is at the SOLE Discretion of the Bank.

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