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.
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