Urban Rent Discounting

• Features
  • Purpose : Construction of Building for Rent Purpose, Loans to be recovered from rent of mortgaged properties etc.
  • Maximum Loan Limit : Upto Individual Exposure of the Bank*
  • Interest Rate : 10.50%
  • Tenure : Upto Period of Rent Agreement or Maximum 20 Years
  • Processing Fees : 1%* of Loan Amount
  • Minimum Linking Shares
  • Quicker processing