Lease Rental Discounting
Lease Rental Discounting
Our Lease Rental Discounting facility can be used to meet all your business expansion, working capital requirements as well as personal needs.
Loan Term
The term of your Lease Rental Discounting is up to 12 years.
Eligibility
- Salaried individuals
- Self Employed Individuals
- Proprietorships
- Partnerships
- Limited Liability Partnerships
- Private Limited Companies
- Limited Companies
Acceptable Collaterals
Primary collateral will consist of immovable properties from which the rentals are received.
Charges
Know more about charges.
Documents for Salaried Individuals
KYC Documents of applicant and co-applicants
Salary slip for the last 3 months / Salary Certificate (If variable components like Over Time and Incentives are reflected then salary slips for the past 6 months are required)
Latest Form – 16 if salary above Rs. 20000/- per month
PAN Card
Copy of all bank pass books / bank statements for the past 3 months including front page
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Property Documents
Company profile if it is a lesser known organization
Note: Original documents are required for verification purpose only
Documents for Proprietorship
KYC Documents of applicant and co-applicants
Shop and establishment certificate/VAT/Sales Tax Registration Certificate
PAN Card
Last 2 years financials with audit report
Last 6 months Bank statement of all bank accounts
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Property Documents
Note: Original documents are required for verification purpose only
Documents for Partnership Firms
Registered partnership deed
KYC of partners
PAN Card of firm and partners
Shop and establishment / VAT/ Sales Tax Registration Certificate
Last 2 years financials with audit report
Last 6 months Bank statement of all bank accounts
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Property Documents
Note: Original documents are required for verification purpose only
Documents for Companies
Memorandum of Association(MOA) / Articles of Association(AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financials with audit report
Last 6 months Bank statement of all bank accounts
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Property Documents
Note: Original documents are required for verification purpose only
Documents for Listed Companies
Memorandum of Association(MOA) / Articles of Association(AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financials with audit report
Last 6 months Bank statement of all bank accounts
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Property Documents
Declaration that borrower, Company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI/ RBI. Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956.
Note: Original documents are required for verification purpose only
SARVASVA CAPITAL
Lease Rental Discounting Loan
Any growing business will need the power of capital in hand. This is paramount since all business houses need to consolidate their business obligations, expand and meet their annual growth plans as well as attend to new growth sectors.
Keeping this in mind, Sarvasva Capital offers India’s business communities, a well-designed Lease Rental Discounting Loan. With the help of this loan, the property owner is able to lease out the premise to earn a monthly rental income, thus monetising the property to earn extra, every month. Not just this, the lease rental discounting loan enables you to encash your current rental cash flows and avail long-term loan facility in the long run as well. The funds received can be then utilized for business capital requirements, both for the future and for urgent present needs.
Lease rent discounting is a wise method of generating capital from pre-owned immovable assets which not just keeps your existing asset safe and secure but also allows you to further invest, as per your growth plans.
Sarvasva Capital Lease Rental Discounting Loan offers various features and advantages, some of them being – flexible repayment tenures and doorstep service solutions.