Under this scheme,the financial assistance is provided for companies - Listed/Unlisted against the security of Commercial property - Office premises - already owned/to be purchased with the help ofthe loan.
Loan under Rental Securitization has been developed considering the growth potential in the real estate sector in various metros and urban centers, where many commercial properties/shopping malls, flats, bungalows are being developed and the owners approach finance company for loans against securitization of future rent receivables from such properties.
The loan amount may be utilized for repayment of existing loans (including takeover)/ Purchase of fixed assets etc
Loan is provided for the properties which are completed in all respects.
Maximum Term offered:- 15 Yrs