Lease Rental Discounting (LRD)


  • For their personal requirement, business requirement or other miscellaneous purpose, but not for speculative. 


  • Applicant who own properties in metro/ urban/ semi-urban areas, who have rented out their properties to Public Sector Undertakings/ Government/ Semi-government / Reputed Corporates, Banks, Financial Institutions and Multi-national Companies can avail loan against future rent receivable. 


  • All KYC documents, address proof, pass port size photographs etc. 
  • Financial statement of the last -2-years along with copy of ITR. 
  • Last 6 months statement of accounts of Main Bank account in case main account is not with the Bank  
  • Copy of Registered Lease Deed 
  • Original title deeds of the property to be mortgaged as security for creation of mortgage. 
  • Receipts of latest maintenance, Water Tax, Municipal Tax and any other such charges/taxes. 
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