Monday, October 19, 2009

DENA BANK- RENT SCHEME


Dena Rent Scheme (Finance against Rent receivables)

Good news for Landlords

Now, landlords can make their property earn more money by availing Dena Rent Scheme against their rent receivable.

You are eligible if:

· You are a landlord- an individual, corporate, trust or anybody who has given their property on rent to banks, FIs, PSUs or reputed companies.

Loan Amount:

· Minimum- Rs. 1 lakh

· Upto- Rs. 200 lakhs

Margin: 25%

Rate of Interest:

Please Check out the Interest Rates Section to find latest Interest Rates applicable

INTEREST CHARGED ON DAILY REDUCING BALANCE

NO PREPAYMENT CHARGES

Security:

Equitable mortgage of property.

Process Fees: 0.50%

Repayment: Up to 60 months

This loan information is read and published from the bank's web site.

1 comment:

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For Enchanting Kerala

Bibbi Cletus

Format to be used for linking to Enchanting Kerala.org

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