LEASE
RENT
DISCOUNTING

LRD scheme is to raise funds for your business needs/investment against the future rent receivables of your self owned property

Loan upto
₹ Rs. 1000.00 Lacs

Starts 9.00% - 12.00% p.a.

Easy Documentation

Ideal for Business expansion

LRD can be availed for maximum upto Rs.10.00 crores. ROI for LRD starts from 9.00% - 12.00% p.a. and the tenure for LRD will be equivalent to unexpired period of Lease as per agreement subject to maximum period of 10 years.

Lease Rent Discounting can be availed at all TBSB branches.

  • LRD is one easy way to leverage your self owned property to fund your current financial needs such as working capital, repayment of debt, repayment of unsecured loan, acquiring fixed asset for business etc.
  • Loan Amount : Loan upto Rs. 1000.00 Lacs. In every case the maximum eligible loan amount will be equivalent to expected rent recievable as per Lease agreement (Net off TDS & Tax etc.).
  • ROI : ROI for LRD starts from 9.00% - 12.00% p.a.
  • Tenure : Tenure will be equivalent to unexpired period of Lease as per agreement subject to maximum period of 10 years.
  • Availability :Available at all TBSB branches If you wish to apply for education loan and start the process online, you can also fill up this form and we will connect with you for further details.
  • Documents : Easy Documentation
  • Collatral Security Needed : Mortgage of rented property with tri partite agreement between bank, borrower & lessee, remitting rent to bank and all powers to bank to recover rent.
  • Guarantor : Personal guarantee of the business entrepreneur and two guarantors with adequate Net worth and income commensurating with loan amount.

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