Lease Rental Discounting (LRD) is a term loan offered against rental receipts derived from lease contracts with corporate tenants. The loan is provided to the lesser based on the discounted value of the rentals and the underlying property value.
Your eligibility is determined after looking at the following: Your current rental income Dynamics of the lease agreement i.e. when was the lease signed, what is the balance tenure of the lease, what are the key terms etc Your current obligations i.e. the other instalments (EMIs) you are currently paying, the number of credit cards and credit limits you have or use Your past credit history

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