TJSB Liquid Rent Discounting Loan

A term loan facility for the owners of commercial and residential properties who have let out the same to reputed companies, Industries, Software, Multinational Companies, Banks, Financial Institutions, Insurance Companies etc. on lease basis thus having fixed rent receivables. These receivables can be clubbed and discounted at attractive rates. The property owners can then utilize these funds for the purpose of expansion of their business activities including meeting business needs generating further assets which can yield higher returns for themselves.

All you need to know

  • Type of Loan :Term Loan
  • Purpose :For any productive purpose including meeting business needs.
  • Loan Amount :Need based – within the banks exposure limit
  • Repayment : Maximum 84 EMI
  • Rate of Interest : Linked with PLR As per Banks Credit rating.
  • Owners of property
    Owners of property (Flats/Godowns/Warehouses/Factory/Office etc.) which have been rented to reputed companies.
  • Who can borrow
    Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd.
  • Security
    Equitable mortgage/ Registered Mortgage of let out property. Assignment of Lease Rentals.
* “Conditions Apply. Loan at the sole discretion of the Bank”

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