Improve your liquidity with Lease Rental Discounting. This enables you to encash your current rental cash flows and avail of long term loan facilities to fund personal endeavors such as repayment of existing loans, education/marriage expenses or undertaking new business projects.
Maximum – Rs.1000 lakhs (higher amount may be considered on case to case basis)
Minimum – Rs.10 lakhs
For Loan eligibility, future rentals would be considered in the following proportions of the future rentals receivables for the unexpired period of lease:
Upto 3 years - 80%
3 years to 5 years - 70%
5 years to 7 years - 65%
7 years to 10 years - 55%
Maximum 120 months or before the expiry of the lease tenure whichever is earlier
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ccbl@citizencreditbank.com