{"id":689,"date":"2021-09-03T04:13:42","date_gmt":"2021-09-03T04:13:42","guid":{"rendered":"https:\/\/www.loanfasttrack.com\/blog\/?p=689"},"modified":"2022-07-19T13:06:26","modified_gmt":"2022-07-19T13:06:26","slug":"lrd-lease-rental-discounting-loans-in-india","status":"publish","type":"post","link":"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/lrd-lease-rental-discounting-loans-in-india\/","title":{"rendered":"(LRD) Lease Rental Discounting Loans In India"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.loanonphone.co.in\/blog\/wp-content\/uploads\/2019\/06\/lease-rental-discounting1.jpg\" alt=\"(LRD) Lease Rental Discounting Loans In India - loanfasttrack\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Lease Rental Discounting Meaning<\/strong><\/h2>\n\n\n\n<p>Lease\nRental Discounting i.e. LRD is a term loan offered to the eligible borrowers\nagainst the collateral of their let out commercial, industrial and residential\nbuildings, which earns a fixed rental income per month. The property must be\nleased out to a reputed company (as defined under the Companies Act,\n1956)\/establishments, institutions, public sector units, established commercial\norganizations, banks, MNCs, Corporates, State &amp; Central Government offices,\nMunicipal Corporations, etc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prominent Features<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The LRD loans can be used for\nboth personal &amp; business purposes.<\/li><li>LRD loans are available\nagainst the pledge of commercial, industrial and let-out residential premises\nand buildings.<\/li><li>LRD loans can also be availed\nin the form of <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>overdraft loans<\/strong><\/a>.<\/li><li>Longer repayment tenures are\navailable for up to 15 years.<\/li><li>Maximum <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-to-value-ratio\/\"><strong>LTV<\/strong><\/a> up to 70% of the market value of the property. <\/li><li>Lower LRD interest rates\nstarting from 8.35% p.a. onwards.<\/li><li>An NRI can also apply for a\nloan against leasehold property in India. <\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/fixed-vs-floating-home-loan-interest-rates\/\"><strong>Fixed as well as floating interest rates<\/strong><\/a> are available.<\/li><li>Balance transfers of LRD\nloans are available with <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-top-up-loan\/\"><strong>top-up loans<\/strong><\/a> at attractive interest rates.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>LRD Loan Eligibility<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  Eligible Profiles\n  <\/td><td>* Salaried, self-employed, and professional   Indian residents &amp;   &nbsp;   <br>* Non-Resident Indians.   &nbsp;   <br>* All MSME units &#8211; Firms &amp; companies   (Public or Private Limited Companies, Partnership Firms, or Proprietorship   firms).   <\/td><\/tr><tr><td>\n  Property Mortgage\n  <\/td><td>* Commercial property (shops &amp; offices)   &nbsp;   <br>* Industrial property (warehouse, factory,   workshop, etc.)   &nbsp;   <br>* Residential buildings (flats\/houses) leased   out to the staff\/employees of reputed &amp; established commercial   organizations, banks, and MNCs.    <\/td><\/tr><tr><td>\n  Minimum Age\n  <\/td><td>\n  Applicants (individuals) must be at least 21\n  years old. \n  <\/td><\/tr><tr><td>\n  Type\n  Of Loan\n  <\/td><td>* <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-is-home-loan-emi\/\"><strong>EMI<\/strong><\/a>-based term loan.   &nbsp;   <br>* Overdraft loans.   <\/td><\/tr><tr><td>\n  LRD\n  Loans Interest Rates\n  <\/td><td>\n  Range from 8.35% p.a. &#8211; 13% p.a.\n  <\/td><\/tr><tr><td>\n  Minimum\n  Loan Amount For Loan Against Rent Receivables\n  <\/td><td>\n  Rs.10 Lakhs\n  <\/td><\/tr><tr><td>\n  Maximum\n  Loan Amount Under Loan Against Rent Receivables\n  <\/td><td>\n  Rs. 500 Crores.\n  <\/td><\/tr><tr><td>\n  Maximum Tenure For LRD Loans\n  <\/td><td>\n  Up to 15 years.\n  <\/td><\/tr><tr><td>\n  Minimum Lease Period\n  <\/td><td>\n  1 year.\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/cibil-and-its-significance-in-home-loan\/\"><strong>CIBIL\n  Score<\/strong><\/a><strong><\/strong>\n  <\/td><td>\n  Satisfactory CIBIL score above 750.\n  <\/td><\/tr><tr><td>\n  Processing Fees On Loan Against Lease\n  Property\n  <\/td><td>\n  Up to 4% of the loan amount plus applicable\n  GST.\n  <\/td><\/tr><tr><td>\n  Renewal Charges\n  <\/td><td>\n  Up to 2% plus applicable GST.\n  <\/td><\/tr><tr><td>\n  Prepayment Charges\n  <\/td><td>\n  Up to 4% of the outstanding loan amount plus\n  applicable GST.\n  <\/td><\/tr><tr><td>\n  Part Payment Charges \n  <\/td><td>\n  Up to 4% in excess of the percentage limit\n  set by the banks in a financial year.\n  <\/td><\/tr><tr><td>\n  Lease\n  Rental Discounting Formula\n  <\/td><td>   Lower of the two:       <br><br>1.)  Up to 85%        of the net present value of the future rentals       &nbsp;       <br>2.)  Up to 70%        of the market value of the property.       <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><strong><em>Note: The LRD rates and charges are subject to change without prior notice.<\/em><\/strong><\/pre>\n\n\n\n<p>Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/must-know-all-costs-in-home-loan\/\"><strong>the list of charges in availing of a loan<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prerequisites To Apply For An LRD\nLoan<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The property must have been\nlet out and earn a regular rental income per month.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The property must be let out\nto a reputed company, institutions, public sector units, established commercial\norganizations, banks, MNCs, State &amp; Central Government offices, Municipal\nCorporations, etc.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The property has a clear and\nmarketable title and is built according to the approved plans of the local\ngovernment authorities. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The leased-out property has a\nvalid and registered agreement between the tenants and owners.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The owners and the tenants are creditworthy as per the banking standards.<br>Read more on <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-eligibility\/\"><strong>LAP loan eligibility<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p>Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-mortgage-loan-in-india\/\"><strong>Best Banks For Mortgage Loan In India<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Documents Required For Lease Rental\nDiscounting<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>KYC<\/strong>\n  <\/td><td>* Pan Card<br>* Adhar Card<br>* Photograph         <\/td><\/tr><tr><td>\n  <strong>Income\n  Documents<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  For Salaried\n  <\/td><td>* 4 months salary slips.<br>* 2 years form 16 <br>* 6 months bank account statement.         <\/td><\/tr><tr><td>\n  For Self-Employed \n  <\/td><td>* 2 years ITR with Computation of Income,   Saral Copy, Balance Sheet, P&amp;L Account, Capital Account \u2013 CA certified   with membership no. and UDIN No.<br>* 12 months bank account statement.<br>* Business profile.<br>* Business proofs.            <\/td><\/tr><tr><td>\n  <strong>Property\n  Papers<\/strong>\n  <\/td><td>* Prior Chain of Agreement.<br>* OC\/CC + approved plans. <br>* Index 2.<br>* Share Certificate.<br>* Society Registration Copy.Property tax.<br>* Property maintenance bill.                      <\/td><\/tr><tr><td>\n  <strong>Other\n  Documents <\/strong>\n  <\/td><td>* Registered valid lease agreement.<br>* Bank account statements for the rent received.<br>* Duly signed bank application form.<br>* Processing fee cheque.<br>* Any other document as required by the bank.               <\/td><\/tr><tr><td>\n  <strong>Additional\n  Documents Required For Lease Rental Discounting Loan Transfer<\/strong>\n  <\/td><td>* LOD (list of documents).<br>* Outstanding letter.12 months repayment track record.         <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Remember<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>ESCROW account opening is\nmandatory for loan against rental income.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The loan against rent\nreceivables interest rate varies depending on the type of property, loan\namount, rental income, lessee profile, etc. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>There is a minimum lock-in\nperiod for the foreclosure of LRD loans. The lock-in period varies from bank to\nbank. The maximum lock-in period is for 24 months from the date of final\ndisbursement. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The part payment charges will vary between the\nbanks depending on the minimum percentage limit set for part payment in a\nfinancial year.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Unlike other loans, an earning <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-the-co-applicant-in-home-loan\/\"><strong>co-applicant<\/strong><\/a> added to the loan does not increase your loan eligibility. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Banks Offering LRD Loans Services In\nIndia<\/strong><\/h2>\n\n\n\n<p>Given\nbelow are some of the popular LRD loans provided by the banks <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Lease Rental Discounting ICICI Bank.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/hdfc-bank-loan-against-property\/\"><strong>Lease Rental Discounting HDFC<\/strong><\/a>.<\/li><li>Lease Rental Discounting SBI.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/bob-bank-of-baroda-mortgage-loan\/\"><strong>Lease Rental Discounting Bank Of Baroda<\/strong><\/a>.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-against-property-kotak-mahindra-bank\/\"><strong>Lease Rental Discounting Kotak Mahindra Bank<\/strong><\/a>.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-in-axis-bank\/\"><strong>Lease Rental Discounting Axis Bank<\/strong><\/a>.<\/li><li>Lease Rental Discounting Bajaj Finserv.<\/li><li>Lease Rental Discounting Yes Bank.<\/li><li>Lease Rental Discounting PNB Housing Finance.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>LRD Loan Comparison Of The Leading\nBanks<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Bank Name<\/strong>\n  <\/td><td>\n  <strong>Interest Rate<\/strong>\n  <\/td><td>\n  <strong>Tenure<\/strong>\n  <\/td><td>\n  <strong>Maximum Loan Amount<\/strong>\n  <\/td><td>\n  <strong>Maximum Funding Against Rent Receivables<\/strong>\n  <\/td><td>\n  <strong>Processing Fees<\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>ICICI Bank<\/strong>\n  <\/td><td>\n  8.35% p.a. &#8211;\n  9.50% p.a.\n  <\/td><td>\n  15 years\n  <\/td><td>\n  Rs.3 Crore\n  <\/td><td>\n  85%\n  <\/td><td>\n  Up to 2% of the\n  loan amount + applicable GST.\n  <\/td><\/tr><tr><td>\n  <strong>HDFC Bank<\/strong>\n  <\/td><td>\n  9.70% p.a. &#8211;\n  10.30% p.a. \n  <\/td><td>\n  9 years\n  <\/td><td>\n  Rs.5 Crores\n  <\/td><td>\n  85% \n  <\/td><td>\n  Up to 1% of the\n  loan amount + applicable GST.\n  (Min.\n  Rs.3,500\/-)\n  <\/td><\/tr><tr><td>\n  <strong>SBI<\/strong>\n  <\/td><td>\n  9.45% p.a. &#8211; 11\n  % p.a. \n  <\/td><td>\n  10 years\n  <\/td><td>\n  Rs.500 Crores\n  <\/td><td>\n  95% \n  <\/td><td>\n  Up to 2.02% of\n  the loan amount + applicable GST.\n  (Max.\n  Rs.1,01,865\/-)\n  <\/td><\/tr><tr><td>\n  <strong>Axis Bank<\/strong>\n  <\/td><td>\n  10.50% p.a. -11\n  % p.a.\n  <\/td><td>\n  9 years \n  <\/td><td>\n  Rs.5 Crores\n  <\/td><td>\n  85%\n  <\/td><td>\n  Up to 1% of the\n  loan amount or Rs.10,000\/- whichever is higher + applicable GST.\n  <\/td><\/tr><tr><td>\n  <strong>Bank Of Baroda<\/strong>\n  <\/td><td>\n  8.65% p.a. &#8211;\n  11% p.a.\n  <\/td><td>\n  10 years\n  <\/td><td>\n  Rs.20 Crores\n  <\/td><td>\n  55%\n  <\/td><td>\n  0.50% of the\n  loan amount + applicable GST.\n  (Min. Rs.1000\/-\n  &amp; max. Rs.10 Lakhs)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank<\/strong>\n  <\/td><td>\n  9.50% p.a.\n  onwards\n  <\/td><td>\n  10 years\n  <\/td><td>\n  Rs.5 Crores\n  <\/td><td>\n  Up to 8 times\n  of the net monthly rental received\n  <\/td><td>\n  Up to 1% of the\n  loan amount + applicable GST.\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><strong><em>Note: The LRD information in the table is subject to change without prior notice.<\/em><\/strong><\/pre>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n\n<p><strong>Q. What properties are considered for\nLRD loans?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>Commercial properties such as shops\n&amp; offices, industrial properties such as warehouses, factories, workshops,\nindustries, etc.,&nbsp; specialized\nproperties, such as schools, hotels, hospitals, banquet properties, marriage\ngardens, etc., &amp; residential buildings (flats\/houses) leased out to the\nstaff\/employees of reputed &amp; established commercial organizations, banks,\nState &amp; Central Government offices\/Municipal Corporations, and MNCs.<\/p>\n\n\n\n<p>Also,\nread <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-is-it-difficult-to-get-a-loan-on-grampanchayat-property\/\"><strong>Why Is It Difficult To Get A Loan On Gram Panchayat\nProperty?<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Q. What is the minimum net rental\nrequirement as per loan against rental receivables policy?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The minimum net rental income\nrequired is Rs.20,000\/- per month.<\/p>\n\n\n\n<p><strong>Q. Can I apply for a loan against\nproperty on rental income without income proof?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>No, LRD loans cannot be applied without\nincome documents. Refer to the table above to know the LRD documents required. <\/p>\n\n\n\n<p>To\ndownload the complete documents for LRD loans till disbursement kindly refers\nto the links. Documents for <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/mortgage-loan-list-of-documents-for-salaried-customers\/\"><strong>salaried<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/document-checklist-for-mortgage-loan-balance-transfer-for-salaried-customers\/\"><strong>balance transfers for salaried<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/nri-list-of-documents-for-applying-mortgage-loan\/\"><strong>NRI<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-proprietorship-firm\/\"><strong>proprietorship firm<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-partnership-firm\/\"><strong>partnership firm<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-private-ltd-firm\/\"><strong>private limited company<\/strong><\/a>,<\/p>\n\n\n\n<p><strong>Q. What is the interest rate for a\nloan against rental income SBI?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>Interest rates for loan against rent\nreceivables SBI range from 9.45% p.a. &#8211; 11% p.a.<\/p>\n\n\n\n<p>Also,\nread <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/sbi-mortgage-loan\/\"><strong>SBI Mortgage Loan<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. What is the maximum loan tenure\nfor LRD loan ICICI Bank?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The maximum tenure for lease rental\ndiscounting in ICICI Bank is up to 15 years for commercial properties and up to\n10 years for specialized properties such as warehouses, industries, schools,\nhotels, hospitals, banquet properties, marriage gardens, etc. subject to the\nremaining lease period of the property. <\/p>\n\n\n\n<p>Also,\nread <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/icici-bank-loan-against-property-lap\/\"><strong>ICICI Bank Loan Against Property (LAP)<\/strong><\/a>.&nbsp; &amp; <\/p>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-apply-online-home-loan-with-icici-bank\/\"><strong>How to apply for an online home loan with ICICI Bank<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. What is the maximum and minimum\nloan amount under loan against rent receivables HDFC Bank?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The minimum loan amount under loan\nagainst rent receivables in HDFC Bank is Rs.10 Lakhs and the maximum loan\namount under loan against rent receivables in HDFC Bank is Rs.5 Crores. (Read\nmore for <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/small-value-home-loans-small-ticket-size-home-loans\/\"><strong>Small Value Home Loans \/ Small Ticket Size Home Loans<\/strong><\/a>)<\/p>\n\n\n\n<p>Also,\nread <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/hdfc-bank-loan-against-property\/\"><strong>HDFC Bank Loan Against Property<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. Can an NRI apply for an LRD bank\nloan for lease house<\/strong>?<\/p>\n\n\n\n<p>Ans:\nIf an NRI can apply for a loan for house lease under the head &#8211; <a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>mortgage loan<\/strong><\/a> with the banks. <\/p>\n\n\n\n<p>Also,\nread <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/nri-loan-against-property-in-india\/\"><strong>NRI Loan Against Property In India<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. Which bank provides the LRD loans\nfor NRI in India?<\/strong><\/p>\n\n\n\n<p><strong>And: <\/strong>ICICI Bank provides the LRD <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/everything-you-must-about-nri-home-loans\/\"><strong>loans for NRIs in India<\/strong><\/a>.<\/p>\n\n\n\n<p>Also\nread, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/icici-bank-mortgage-loan-for-nri-in-india\/\"><strong>ICICI Bank Mortgage Loan For NRI In India<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. Can I apply for an LRD loan top-up\nwith HDFC Bank?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>Yes you can apply for an LRD HDFC\nloan top up online as well as offline subject to your HDFC top up loan\neligibility. <\/p>\n\n\n\n<p>To\nknow more about the HDFC top up loan process &amp; HDFC top up loan offers\nspeak to our experts on <strong><em>9321020476.<\/em><\/strong><\/p>\n\n\n\n<p>By, <\/p>\n\n\n\n<p>Loanfasttrack<\/p>\n\n\n\n<p><a href=\"http:\/\/www.loanfasttrack.com\"><strong>Loanfasttrack<\/strong><\/a> is a Mumbai-based loan provider\ncompany since 2015 offering loan services in Mumbai on&#8211; <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>housing loan in\nMumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>mortgage loan in\nMumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>personal loan in\nMumbai<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\">,<\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan.html\"><strong>unsecured business loans<\/strong><\/a>,<strong> <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan transfer<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>top-up loans<\/strong><\/a>, and <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>loan transfers<\/strong><\/a>. Loanfasttrack is a direct\nsales associate with leading banks namely, ICICI Bank, HDFC Ltd, Canara Bank,\nCiti Bank, Piramal Housing Finance, etc. <\/p>\n\n\n\n<p><strong>Contact Loanfasttrack:<\/strong><strong> <\/strong><\/p>\n\n\n\n<p><strong>Website &#8211;<\/strong><strong> <\/strong><a href=\"http:\/\/www.loanfasttrack.com\"><strong><em>www.loanfasttrack.com<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Email &#8211; <\/strong><a href=\"mailto:info@loanfasttrack.com\"><strong><em>info@loanfasttrack.com<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Tel &#8211;<\/strong><strong> <\/strong><strong><em>9321020476<\/em><\/strong><\/p>\n\n\n\n<p>Loanfasttrack\u2019s\nspecialized services include providing:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>best bank for home\n<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>loan in India<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>Best Banks For\nMortgage Loan In India<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\">Apply <\/a><a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>loan against\nproperty in Mumbai<\/strong><\/a> at assured low-interest rates.<\/li><li>Qualify you for the highest <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-eligibility\/\"><strong>loan against property eligibility<\/strong><\/a>.<\/li><li>Lowest<a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>home loan rates in\nMumbai<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>Instant loan in\nMumbai<\/strong><\/a><strong> <\/strong>&amp;<a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>home loan in\nMumbai<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>.<\/strong><\/a><\/li><li>To help <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>apply instant\npersonal loan in Mumbai<\/strong><\/a> &amp;<a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"><strong>business loan in\nMumbai<\/strong><\/a><\/li><li>Low-cost<a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan balance transfer<\/strong><\/a>.<\/li><li>To help <a href=\"https:\/\/www.loanfasttrack.com\/business-loan.html\"><strong>apply for business loan online<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p><strong>Additional Read:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-apply-online-for-home-loan-mortgage-loan-loan-transfers-by-loanfasttrack\/\"><strong>How To Apply For A Loan Online<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/processing-of-home-loan-mortgage-loan\/\"><strong>Step-By-Step Guide For Loan Processing<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/8-business-conditions-for-applying-home-loan-or-mortgage-loan\/\"><strong>8 Important Business Conditions For Self-Employed Applying\nFor A Loan<\/strong><\/a><strong>.<\/strong><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/what-are-the-income-tax-benefits-on-mortgage-loan\/\"><strong>Income Tax Benefits On Mortgage Loan<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lease Rental Discounting Meaning Lease Rental Discounting i.e. LRD is a term loan offered to the eligible borrowers against the collateral of their let out commercial, industrial and residential buildings, which earns a fixed rental income per month. The property must be leased out to a reputed company (as defined under the Companies Act, 1956)\/establishments, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,57,329,4],"tags":[115,343,430,247,246,244,245,249,248,243,357,405,358,255,344,345,362,370,369,101,361,371,271,335,346,408,421,420,383,384,411,389,417,363,364,334,368,419,333,117,118,402,400,410,423,372,385,377,387,418,422,339,340,51,264,415,24,10,356,337,336,431,428,351,424,338,366,347,342,220,270,396,397,313,314,328,406,359,413,352,331,378,386,407,365,353,376,401,390,341,360,404,373,354,388,349,426,350,381,427,403,348,284,425,429,285,382,229,416,275,310,29,260,236,414,261,332,412,355],"class_list":["post-689","post","type-post","status-publish","format-standard","hentry","category-finance","category-home-loan","category-lease-rental-discounting","category-mortgage-loan","tag-lrd-lease-rental-discounting-loans-in-india","tag-bank-loan-for-lease-house","tag-bank-of-baroda-loan-against-rent-receivables","tag-best-bank-for-lap-loan","tag-best-bank-for-loan-against-property-in-mumbai","tag-best-bank-for-mortgage-loan-in-india","tag-best-bank-for-mortgage-loan-in-mumbai","tag-best-loan-against-property-interest-rates","tag-best-mortgage-loan-interest-rates","tag-best-mortgage-rates","tag-documents-for-lrd-loans","tag-documents-required-for-lease-rental-discounting","tag-documents-required-for-lrd-loans","tag-hdfc-loan-against-property-documents-required","tag-home-lease-loan","tag-house-lease-loan","tag-icici-bank-lease-rental-discounting","tag-icici-bank-lrd-processing-fees","tag-icici-bank-lrd-rate-of-interest","tag-icici-bank-mortgage-loan-for-nri-in-india","tag-icici-lease-rental-discounting","tag-icici-lrd-fees","tag-interest-rate-lowest-in-hdfc","tag-lease-discounting","tag-lease-house-loan","tag-lease-rental-discounting-axis-bank","tag-lease-rental-discounting-bajaj-finserv","tag-lease-rental-discounting-bank-of-baroda","tag-lease-rental-discounting-calculator","tag-lease-rental-discounting-eligibility","tag-lease-rental-discounting-example","tag-lease-rental-discounting-formula","tag-lease-rental-discounting-hdfc","tag-lease-rental-discounting-icici-bank","tag-lease-rental-discounting-in-icici-bank","tag-lease-rental-discounting-interest-rate","tag-lease-rental-discounting-interest-rates","tag-lease-rental-discounting-kotak-mahindra-bank","tag-lease-rental-discounting-loan","tag-lease-rental-discounting-loans","tag-lease-rental-discounting-loans-in-india","tag-lease-rental-discounting-market-in-india","tag-lease-rental-discounting-meaning","tag-lease-rental-discounting-pdf","tag-lease-rental-discounting-pnb-housing-finance","tag-lease-rental-discounting-processing-fees","tag-lease-rental-discounting-rate-of-interest","tag-lease-rental-discounting-rate-of-interest-in-2022","tag-lease-rental-discounting-rbi","tag-lease-rental-discounting-sbi","tag-lease-rental-discounting-yes-bank","tag-loan-against-lease-property","tag-loan-against-leasehold-property","tag-loan-against-property-at-lowest-interest-rate","tag-loan-against-property-balance-transfer","tag-loan-against-property-documents-list","tag-loan-against-property-eligibility","tag-loan-against-property-in-mumbai","tag-loan-against-property-on-rental-income-without-income-proof","tag-loan-against-rent-agreement","tag-loan-against-rent-receivables","tag-loan-against-rent-receivables-bob","tag-loan-against-rent-receivables-hdfc","tag-loan-against-rent-receivables-interest-rate","tag-loan-against-rent-receivables-sbi","tag-loan-against-rental-income","tag-loan-against-rental-income-sbi","tag-loan-for-house-lease","tag-loan-for-lease-house","tag-lowest-hdfc-ltd-lap-interest-rates","tag-lowest-hdfc-mortgage-loan-rate","tag-lowest-lap-loan-interest-rates","tag-lowest-lap-loan-rate-of-interest","tag-lowest-mortgage-loan-interest-rate","tag-lowest-mortgage-rates","tag-lowest-rate-for-mortgage-loan","tag-lrd-documents-required","tag-lrd-icici-bank","tag-lrd-in-banking","tag-lrd-interest-rates","tag-lrd-loan","tag-lrd-loan-against-residential-property","tag-lrd-loan-calculator","tag-lrd-loan-eligibility","tag-lrd-loan-icici-bank","tag-lrd-loan-interest-rate","tag-lrd-loan-interest-rates-in-2022","tag-lrd-loan-meaning","tag-lrd-loan-transfer","tag-lrd-loans","tag-lrd-loans-icici-bank","tag-lrd-loans-interest-rates","tag-lrd-processing-charges","tag-lrd-rate-of-interest","tag-lrd-scheme","tag-maximum-loan-amount-under-loan-against-rent-receivables","tag-maximum-loan-amount-under-loan-against-rent-receivables-in-hdfc-bank","tag-maximum-tenure-for-lrd-loans","tag-minimum-income-for-lrd","tag-minimum-loan-against-rent-receivables-hdfc-bank","tag-minimum-loan-amount-against-rent-receivables-hdfc-bank","tag-minimum-loan-amount-for-loan-against-rent-receivables","tag-minimum-loan-amount-under-loan-against-rent-receivables","tag-minimum-loan-amount-under-loan-against-rent-receivables-hdfc-bank","tag-minimum-loan-amount-under-loan-against-rent-receivables-in-hdfc","tag-minimum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