LRD
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Leased Rental Discounting
Lease rental discounting LRD loan is a comparatively easy way of obtaining finance from banks & NBFCs. This loan is sanctioned based upon the future monthly rental income over a period of time and market valuation the property offered as collateral
The bank will examine long-term cash flows and provide the loan based on the exact amount. This loan is then payable by the rents promised.
Who can avail this loan?
Salaried individuals, professionals with an established practice, and self-employed individuals qualify for LRD. In the case of non-individual entities, any partnership firm, private limited company can also avail this product.
FAQs
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