Loan Against Rent Receivables

A loan offered by banks keeping the future rent of an owned property as security. This loan can be availed by anyone who owns any kind of property that has been let out on a commercial basis, though banks might have further terms and conditions that would define which customer would actually be eligible for availing the loan.

Eligibility

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Document Record


  • Property should have been already let out and should be earning rent
  • Property is built according to a plan approved by the local government authorities
  • Property thus rented out has a confirmed rental or lease agreement between the owner and the tenant(s)
  • The owner and the tenant(s) are creditworthy as per the standards of the bank

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