Mortgage Loans - Loan Against Rental
Loan Against Rental can be used to avail loans against rental receipts of your properties. The rent received every month is used as the EMI towards the loan sanctioned. Any Lessor having a residential / commercial property which is currently rented to MNC / Banks / Reputed Corporates etc. can apply for loan under this scheme. Loans can be availed for 36 months or residual lease agreement whichever is less for upto Rs. 500 Lakhs.
Loan Against Future Rent Receivables has been developed considering the growth potential in the real estate in various metros and urban centers, where many commercial properties/shopping malls are being developed and the owners approach banks for loans against securitization of future rent receivables from such properties.
Key Benefits
- The scope for the New Product has been kept wide to cover the target groups, viz. owners of immoveable properties (lessor) belonging to all types of the constitution.
- The minimum and maximum loan limits are fixed at Rs.10 lac and Rs.500 lacs respectively.
Eligibility
- Owners who have let out or propose to let out their premises to Reputed Companies/institutions, Public Sector Undertakings/Established Commercial Organizations/Multinationals/Banks.
No matter what the requirement, we have an appropriate plan for you, though most of our mortgage loan plans are for salaried/self-employed. Get the best deals ever, and finance the perfect loan, only from LoanKaWala.
With our varied offering of mortgage loans, LoanKaWala Mortgage Loans gives you an opportunity to select the perfect loan as per your needs of a dream project.
Documentation
Some documents are specific to each state. For further information, please contact our Hyderabad LoanKaWala office.
All the above Terms and Conditions are subject to change and sanctioning of the loans is at the sole discretion of the HFC. Service Tax on All Service Charges extra wherever applicable.
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