Lease Rental Discounting

If you own a property, you are liable to earn fixed rentals from the same at regular intervals. With Lease Rental Discounting from Bajaj Finserv, you can now get a loan on the discounted value of rentals and the underlying property value.

Eligibility Criteria

Lease Rental Discounting Eligibility

  • You are an Indian Resident

  • You are at least 25 years of age when the loan is sanctioned

  • The minimum loan amount is Rs.10 crores

Documents Required

  • Application form

  • Photograph of partner/director

  • Identity proof (Any one) Voter's ID card / Driving license / Job card issued by NREGA / Aadhaar card / PAN card (PAN card only as -> identity proof)

  • Signature proof

  • Certificate of incorporation

  • IT returns & balance sheet & P/L account statement for the last 2 years

  • Bank account statements For last 6 months

  • Partnership deed


  • Lease deed/ Leave and license agreement

  • *Kindly note that the list of documents mentioned is indicative. During the loan process, additional documents may be asked for. The same will be appropriately communicated to you as and when required.

Fees and Charges

Here are the charges that apply to Lease Rental Discounting from Bajaj Finserv:

Types of Fees Charges Applicable
Rate of Interest BFL- I-FRR*– Margin = 10.25% to 13%
BFL- I-FRR* – 20.90% (Bajaj Finance Limited Floating Reference Rate for Institutional Finance cases)
Processing fees Up to 2% of the loan amount
Loan statement charges NIL
Interest and principal statement charges NIL
PDC swap charges NIL
Bounce charges Rs. 3600 per bounce
Penal interest 2% per month + applicable taxes

Lease rental discounting is a great way to generate funds from owned assets and use them for further investments. Read on to know more about other benefits associated with it:

Part-prepayment Charges

At times when you have some extra cash in hand, you can choose to pre-pay a part of your loan amount which would in turn reduce your overall tenure/EMIs.

Part prepayment charges will be applicable if you choose to prepay more than 25% of your sanctioned loan amount. However, no charges will be applicable for part prepayments done up to 25% of the loan amount in a financial year. This facility is allowed post clearance of your first EMI. After 48 months there will be no charges. Refer to the table mentioned below:

Part-prepayment Charges

Borrower type   Interest type Time (Months)
Individual Floating rate >1 Nil
Non-individual Floating rate >1 2% + applicable taxes
All borrowers Fixed rate >1 2% + applicable taxes

The amount of part-prepayment made should be more than 1 EMI.
These charges are not applicable for the Flexi Interest-only Loan and Flexi Term Loan facilities.

Foreclosure Charges

Borrower type: Interest type Time (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-individual: Floating rate >1 4% + applicable taxes
All borrowers: Fixed rate >1 4% + applicable taxes

- For Term Loan, charges will be calculated on the outstanding principal.

- For Flexi Interest-only Loan, charges will be calculated on the sanctioned limit.

- For Flexi Term Loan, charges are calculated on the current dropline limit.

Flexi loan facility

As an existing customer, you can avail of the unique Flexi loan facility. Bajaj Finserv is the first non-bank in the country to offer this unique and innovative capability, offering you a loan limit from which you can withdraw money as per your needs, with unique features to save interest and manage cash flow efficiently.

Online account access

You can view all your loan account details and transact on your loan account on our Customer Portal. Log in with your User ID/ Mobile Number/Email and Password

Customized insurance schemes

Group credit protection plus from Bajaj Allianz

  • Non-Medical Loan & Life Insurance of up to Rs. 100 lakh

  • Level term Plan, which means you are covered for the complete amount despite reduction/ prepayment of loan amount

  • Coverage for the complete tenure of the loan up to a maximum of 30 years

Bajaj Allianz SFSP policy

Bajaj Allianz’ SFSP Policy offers a comprehensive insurance cover for your home (i.e. residential building) against various contingencies to ensure that your prized possession is always safe!

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