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Federal Bank - Loan against Rent receivable |
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Product Name: |
Loan against Rent receivable |
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Loan Details
Loan Type: |
Assignment of Future Rentals
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| Amount Requested: |
Rs.100,000 |
| Total Interest: |
Rs.23,477 |
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Interest Rates
Interest Rate: |
14.25%
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| Eligibility Notes: |
Lessors who are receiving rent for their buildings from reputed lessees or a corporate |
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Other Loan Features
Loan Amount: |
Rs. 0 to Rs.1,000,000 |
| Repayment: |
Up to 84 months |
| Security: |
The property, rent of which is proposed to be securitized |
| General: |
Loan Purpose
Business/personal purpose of the owner (Lessor) of the buildings |
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