LRD is a term loan. The loan is provided to the lesser based on the discounted value of the rentals and the underlying property value.

Lease rental discounting is a term loan granted on rent receipts and availed by leased contracts by tenants. The loan granted to the borrower is based on the discounted market price of rent and the real value of the property.

If you are the owner of a property, you can choose the LRD facility which shows your fixed rentals.

If you are the owner of a property, then you can get the rental income permanently at regular intervals through that property. With lease rental discounting through a loan on a property from ONEXINVEST, you can now take a loan at a discounted rental value and real property value.

Lease Rental Discounting: Features and Benefits Now that you know what lease rental discounting is, then let us know its features:

  • Loan amount
  • Approved loan period
  • Flexi loan facility
  • Part pre-payment facility

After knowing what the lease rental discounting is, keep the following document ready for taking an LRD loan and then apply for it –

  • Proof of identity
  • IT returns and balance
  • Sheet Last 6 Months Bank Account Statement
  • Agreement paper application
  • Form photo

You can calculate the EMI of your loan in advance and, therefore, you can be financially prepared during the loan period. Use the loan EMI calculator on the property and calculate your monthly instalments based on the chosen term and loan amount.

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