Lease Rental Discounting (LRD Loan) - ESAF Small Finance Bank

Lease Rental Discounting (LRD Loan)

Features
Loan Amount (Min- Max)

5 Lakhs– 5 Cores

Loan tenure (Min- Max)

3 Years – 10 years or remaining lease period whichever is lower

Time line for credit decision on submission of all the required documents
  • 10 Days
Target Segment

Landlords having rented income under a registered lease deed

Co-applicant/ Guarantor

Spouse or close blood relative as co-applicant

Security

Mortgage of the property earning the rental income as per the lease deed

Documents required: