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Financial support to meet the requirements based on the rental receivables of the Owners of the buildings.

Owners of Buildings and Commercial Properties in Semi Urban / Urban / Metro areas which are to be rented or already rented to Multi -National Companies / Banks / Reputed Corporate etc

Term Loan

• 50% of the Rent Receivable less TDS if any, over the Period of 84 months or Residual Lease / Rent Agreement Period,whichever is lower subject to a maximum of Rs.400.00 Lakh
• EMI / MI Amount should not exceed 90% of Net Rent Receivable per month.

50%

Click here to know the Rates of Interest for loans.

84 EMI / MI or Residual Lease / Rent Agreement Period, whichever is earlier

1.00% of the Loan amount plus GST

• On equitable mortgage of building against the rentals of which the Loan would be sanctioned.
• (150% of the Loan amount should be covered as Collateral Security)