Loan Against Future Rent Receivables has been developed considering the growth potential in the real estate in various metros and urban centers, where many commercial properties/shopping malls are being developed and the owners approach banks for loans against securitization of future rent receivables from such properties.
Key Benefits
The scope for the New Product has been kept wide to cover the target groups, viz. owners of immoveable properties (lessor) belonging to all types of the constitution.
The minimum and maximum loan limits are fixed at Rs.1 lac and Rs.1000 lacs respectively.
For detailed information on the more benefits that you can avail of, and the simple terms and conditions to follow for the same, CLICK HERE.
Wednesday, June 4, 2008
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