Features and benefits of our lease rental discounting
Features and benefits of Lease Rental Discounting
Watch this video to learn all about Lease Rental Discounting.
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High-value financing
Get convenient access to high-value funding with lease rental discounting, to take care of your big-ticket purchases and expenses. Get loan up to Rs. 31.50 crore and meet your financial needs.
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Low interest rates
With our low interest rates ranging between 9% to 12% per annum, applying for a higher amount becomes convenient.
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Flexi loan facility
Pay interest only on the funds utilised from the sanctioned loan amount using the flexi loan facility.
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Convenient tenure
Subject to the remaining lease period of the property in question, you can get a loan tenure that does not interrupt for your future or deplete your savings and repay conveniently up to 300 month.
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Foreclosure facility
If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purpose other than business use, then there will be no foreclosure/part-payment charges.
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You can opt for an interest rate linked to the Bajaj Floating Reference Rate (BFRR). This offers a transparent interest rate process and allows you to benefit from favourable market conditions, as the BFRR is periodically reviewed and approved by internal committees. Any existing loan agreements held by Bajaj Finance customers linked to external benchmarks will remain unaffected.
Lease rental discounting (LRD) is a term loan offered against rental receipts. You can opt for LRD when you own a property that gives you fixed rental income at regular intervals. The amount you can borrow is based on the discounted market price of rentals and the value of the property.
Avail an LRD and enjoy multiple benefits such as high-value financing, easy application, quick disbursal, and more. You can use the loan for any purpose or invest the sum to gain attractive returns.