What is lease rental discounting?

Rental Discounting is a term loan that is offered against rental receipts and availed by tenants against leased contracts. This advance provided to the lessee is based on the discounted market price of rentals and the underlying value of the property. You can opt for this option; in case you own a property that supplements you with fixed rental income. If you own a property, you are liable to earn fixed rentals from the same at regular intervals. With Lease rental discounting through a loan against property from Bajaj Finserv, you can now get a loan on the discounted value of rentals and the underlying property value.

Lease rental discounting FAQs

What is my borrowing range?

You can access funds ranging from Rs. 10 crore to Rs. 50 crore.

What is the criteria for loan eligibility?

Your eligibility depends upon the valuation of the property and the existing rental from it.

Can co-owned properties be eligible for the loan?

Yes, all owners must jointly apply for the loan approval.

What is the normal tenor for Corporate LDR Loan?

You can pay over a tenor of up to 11 years subject to the residual lease period.

How is the payment deducted for the loan?

We deduct the payment from the ESCROW account, where the lessee has deposited the rent.

What is the internal FRR change criteria?

The benchmark reference rates fluctuate with market conditions and the cost to the company based on external factors and the economy.

Are interest rates prone to fluctuations?

We review interest rates every two months, as per the Bajaj Finserv re-pricing policy.

What is the TAT for Foreclosure Statements?

For your foreclosure statements, the Turn Around Time (TAT) is usually 12 business days.

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