Constantly striving to provide customers with the best loan deals, Tailor made product to suit your requirement, One stop solutions for any kind of financial need, All this at no extra cost.
Lease Rent Discounting (LRD)
Lease Rental Discounting (LRD) helps to raise funds against the future expected rentals of self owned commercial/residential property. The property should be occupied by the Lessee. Similar to Loan against Property, LRD can be provided for any personal requirements of the customer viz. –
- Marriage
- Child Education
- Business
- Purchase of Property (Where mortgage is not possible)
- Improvement of Property
- Medical Treatment
Lease Rental Discounting (LRD) can be availed by Resident Indian whether salaried or Self-Employed the rent is considered as fixed income over a stipulated time ie. Lease or rent period or tenure. The agreement is between the borrower and lender and the major term of repayment is the rent is directly deposited with the lender and not with the borrower. The Borrower is sanctioned a loan based upon the rent to be collected over the period of lease.
Copyright 2009 © www.easyfinance.in All Rights Reserved