Lease Rental Discounting (LRD)

Opportunity to compare and choose the best lenders online for your Lease rental discounting requirement We will recommend you the best lender based on your requirement.

Lease Rental Discounting (LRD) - Fast Track Money

Lease Rental Discounting is a loan against rentals receivable over a period of time from a self owned commercial property. The rent is considered the source of repayment, which is credited via an escrow account to the lender directly by the occupant over a stipulated lease period During the loan term, the borrower does not receive the rentals as it is directly attracted by the lending body from the lessee.
Properties which are 100% complete can only be considered. Most of the lenders offer terms of up to 10 years, depending upon the contractual lease period. Up to 70 % of the market value of the property could be funded for a loan against the future expected rentals on the same

Why Apply for a LAP with FTS

Widest range of lenders available for your choice with customized offers.
Most experienced and empowered personnel to ensure smooth & easy processing.
Customized offers with Accurate Calculation of eligibility
Fantastic Rewards Platform as an added advantage
Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.
Privacy: Your application is sent only to the lender you choose, and is never shared with anyone else.

DOCUMENTS REQUIRED FOR PROCESSING:

Photo (2)-signed across on top
PAN card copy
Residence address-proof (Passport/ Driving license/ Landline or mobile bill etc.)
Copy of lease deeds
Last 6 months’ bank statements showing the rent credits.
Last 2 years' Form 16 / IT Return
Processing Fee cheque in favour of chosen bank
Property Documents
Title Deed [Photocopy of originals]
Khata

Sanction Plan
Tax Paid receipt
EC [Nil Encumbrance certificate]
Copy of Lease Agreement along with the latest Rent paid Receipt
Widest range of lenders available for your choice with customized offers.
Most experienced and empowered personnel to ensure smooth & easy processing.
Customized offers with Accurate Calculation of eligibility.
Fantastic Rewards Platform as an added advantage.
Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.
Privacy: Your application is sent only to the lender you choose, and is never shared with anyone else.