Lease Rental Discounting Mumbai

Lease Rental Discounting Mumbai

What is Lease Rental Discounting or LRD?

Lease Rental Discounting in Mumbai or LRD is a term loan provided against receipts derived from lease contracts with tenants. The loan is provided to the lessor based on the discounted value of the rentals as well as the inherent property value. It’s another process to obtain finance from a bank or other financial institute or institutes that are committing. Lease Rent Discount consideration is between the debtor that own the premises, the tenant who has leased the said premises or taken on lease as well as the bank or financial institute or Corporate Enterprise. The rent is considered as fixed income over a stipulated time called Lease period or duration of lease agreement.

The agreement is between the lender and borrower and the significant term of repayment would be the rent that is directly deposited with the lender and not with the debtor. The Borrower is sanctioned a loan based upon the rent to be accumulated over the period of lease.

LRD: Key Features & Benefits

Loan AmountLoan Amount: Under LRD we serve clients from 1 to 200 Crores
DurationDuration: You can get LRD up to 15 years, long term solution.
Interest rate on LRDInterest Rate: We make sure our clients get the best possible Interest rate for LRD.
Top up on LRDTop-Up: We help get Top-Up funding over and above the existing LRD.

Key Documents for Lease Rental Discounting

ID & ADDRESS PROOF ID & ADDRESS PROOF
Lease Rental Agreement Lease Rental Agreement
Audited Financials Audited Financials & ITR
Bank StatmentBank Statement of last 12 months

Eligibility for lease rental discounting.

Owner of the property is eligible who has Leased it to Private Sector Enterprises, Public Sector Enterprises, Semi Govt Enterprises, Credible Companies Example: Private Hospitals, Banks, Warehouses etc…

FAQ’s on (LRD) Lease Rental Discounting 

LRD or Lease Rental Discounting is a term loan provided against receipts derived from lease contracts with tenants. The loan is provided to the lessor based on the discounted value of the rentals as well as the inherent property value. It’s another process to obtain finance from a bank or other financial institute or institutes that are committing. Lease Rent Discount consideration is between the debtor that own the premises, the tenant who has leased the said premises or taken on lease as well as the bank or financial institute or Corporate Enterprise. The rent is considered as fixed income over a stipulated time called Lease period or duration of lease agreement.
One could borrow between 50-90 percent of the market value of your property subject to your income eligibility and other supported documents.
We help arrange Lease Rent Discounting (LRD) from minimum 3 years to maximum 15 yrs. The term for the loan will be limited to the retirement age or 60 years at loan maturity for midsize Clients and 65 years for self-employed clients.
The interest rate varies depending upon your loan amount, property type, lessee profile, Rental revenue etc and we at Redwood Syndicate assist in getting the best rate in the market based on your profile.
Rent is payable by directly into escrow account with sanctioned financial institution. The Inherent leased property, which can be commercial or residential building property, will be taken as collateral security.
Yes. All of the co-owners of your property might need to register as co-applicants. For a sole property owner or applicant, one adult member in the family shall need to register as a co-applicant. In case of partnership firm or a business, partners and promoter directors correspondingly will need to be co-applicants.
Yes. You May prepay the loan at any given moment after six months from the date of final disbursement of the loan. Foreclosure charges will be levied as applicable. This is true with most of the lending institutions.
Address Proof of the Individual/Partners /Directors: Latest Electricity /Telephone Bill PAN Card Aadhaar Card CST Registration Certificate Permanent Registration Certificate or Warehouse Receipts or Shop & Establishment Act Certificate Copy of Lease Agreement along with the latest Rent paid Receipt. Business Profile on Company’s Letterhead Partnership deed in case of partnership firms Certificate of incorporation, Date of Commencement of Business and Memorandum of Title Deeds, Form 32 accountable for Addition or Deletion of Directors in case of businesses Last Few Years Trading, Profit & Loss A/c. And Balance Sheets Last one year’s Bank transactions note Business present loans have been shown in the balance sheet, then sanctioning letter, repayment schedule and track record of the same Firm/Company’s PAN Cards Individual income tax thirds of the Individual/Partners/Directors to last few years Last one year’s Bank announcement of Individuals, Partners, and Directors Share Holding pattern of Directors duly certified by a Chartered Accountant List of the Existing Directors of the business from the Registrar of the Companies Registered rent agreement copy with debtor that owns the assumptions and tenant that has leased the said premises And any other documents as required based on case to case basis

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Lease Rental Discounting Mumbai Locations we serve:
Aareymilk Colony
Agripada
Airport
Ambewadi
Andheri East
Andheri
Andheri Railway Station
Antop Hill
Anushakti Nagar
Asvini
Audit Bhavan
Azad Nagar
B P T Colony
B.N. Bhavan
B.P.Lane
Bandra West
Bandra(East)
Bangur Nagar
BARC
Barve Nagar
Bazargate
Best Staff Colony
BEST STaff Quarters
Bhandup Complex
Bhandup East
Bhandup Ind. Estate
Bhandup West
Bharat Nagar
Bhawani Shankar Rd
Bhawani Shankar
Borivali East
Borivali
Borivali West
BPC Jacob Circle
C G S Colony
Central Building
Century Mill
Chakala Midc
Chamarbaug
Charkop
Charni Road
Chaupati
Chembur Extension
Chembur
Chembur Rs
Chinchbunder
Chinchpokli
Chunabhatti
Churchgate
Colaba Bazar
Colaba
Cotton Exchange
Cumballa Hill
Cumballa Sea Face
D.M. Colony
Dadar Colony
Dadar
Dahisar RS
Dahisar
Danda
Daulat Nagar
Delisle Road
Dharavi Road
Dharavi
Dockyard Road
Dr Deshmukh Marg
Falkland Road
FCI
Ghatkopar West
Girgaon
Gokhale Road
Goregaon East
Goregaon RS
Goregaon
Govandi
Government Colony
Gowalia Tank
Grant Road
H.M.P. School
Haffkin Institute
Haines Road
Haji Ali
Hanuman Road
High Court Building
Holiday Camp
Ins Hamla
International Airport
IRLA
J.B. Nagar
J.J.Hospital
J.M. Road
Jacob Circle
Jogeshwari East
Jogeshwari West
Juhu
Kalachowki
Kalbadevi
Kamathipura
Kandivali East
Kandivali RS
Kandivali West
Kannamwar Nagar
Kapad Bazar
Ketkipada
Khar Colony
Khar Delivery
Kharodi
Kherwadi
Kidwai Nagar
Kurla North
Kurla
L B S N E collage
Lal Baug
Liberty Garden
M A Marg
M.P.T.
Madh
Madhavbaug
Magthane
Mahim Bazar
Mahim East
Mahim
Mahul Road
Malabar Hill
Malad East
Malad
Malad West Dely
Mandapeshwar
Mandvi
Mantralaya
Marine Lines
Marol Bazar
Marol Naka
Masjid
Matunga
Mazgaon Dock
Mazgaon Road
Mazgaon
Mhada Colony
Mori Road
Motilal Nagar
Mulund Colony
Mulund Dd Road
Mulund East
Mulund West
Mumbai Central
Mumbai G.P.O.
N.S.Patkar Marg
Nagardas Road
Nagari Niwara
Nahur
Naigaon
Nariman Point
Nehru Nagar
Nehru Road
Netajinagar
New Prabhadevi Road
New Yogakshema
NITIE
Noor Baug
Null Bazar
Opera House
Orlem
Oshiwara
P.H. Colony
Pant Nagar
Parel Naka
Parel Rly Work Shop
Parel
Powai Iit
Prabhadevi
Princess Dock
Psm Colony
R.A.Nagar
Rajawadi
Rajbhavan
Rajendra Nagar
Ramwadi
Ranade Road
Rani Sati Marg
Raoli Camp
Reay Road
Rifle Range
S R P F Camp
S V Marg
S V S Marg
S. C. Court
S. K.Nagar
S.B. Road
Sahakar Bhavan
Sahar P & T Colony
Sahargaon
Sakinaka
Santacruz Central
Santacruz P&t Colony
Santacruz(East)
Santacruz(West)
Secretariate
Seepz
Sewri
Sharma Estate
Shivaji Nagar
Shivaji Park
Sindhi Society
Sion
Stock Exchange
T.F.Donar
Tagore Nagar
Tajmahal
Tank Road
Tardeo
Thakurdwar
Tilak Nagar
Town Hall
Transit Camp
Trombay
Tulsiwadi
Usha Nagar
V J B Udyan
V K Bhavan
V.P. Road
V.W.T.C.
Vakola
Vesava
Vidyanagari
Vihar Road
Vikhroli
Vileeparle (East)
Vileparle Railway Station
Vileparle(West)
Wadala Rs
Wadala
Wadala Truck Terminal
Worli Colony
Worli Naka
Worli Police Camp
Worli
Worli Sea Face