Retail Loans

LRD Loan

LRD Loan

Lease rental discounting is a one type of term loan offered against lease / rental receipts derived from a property.

Banks / Financial institutions will give Lease Rental Discounting (LRD) loans, based on the rental properties, which will generate a fixed amount of rent or leases per month.

Generally, Tenants enter into a lease agreement with the owner of the property, based on this property value and rental / lease amount, the borrower will get the LRD loan eligibility, accordingly borrower will get the loan amount.

Documents Required for Verification and Processing

Required Documents

Documents
  • KYC Documents of Applicant
  • Last 3 Years Income Tax Returns
  • Last 1 Year Bank Statement
  • Income / Business Proof Documents
  • Existing Loans Details
  • Lease Deed of the property

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