#182/B, First floor, B.K Guda, S.R.Nagar, Hyderabad

Lease Rent Discounting

Loan for your personal or professional needs is now easy if you are already a property owner with rental income. Attractive interest rates, transparent processes and costs, minimal documentation, quick disbursals and expert guidance make us a better choice. Avail this loan for your business, working capital or personal needs without a second thought.


Loan type

Lease Rental Discounting

Loan Amount

Rs 1 lakh – Rs 3 Cr

Eligible profiles

Salaried & Self-Employed


Up to 10 Years (Subject to the balance lease period or renewable period )

Owners of residential buildings and commercial properties, which are to be rented or already

Documents Required

List of papers/ documents applicable to all applicants:

  • Employer Identity Card: A copy of your Voter ID / Passport / Driving License / Aadhaar Card / PAN Card
  • Loan Application: Completed loan application form duly filled in affixed with 3 Passport size photographs
  • Proof of Identity: PAN/ Passport/ Driver’s License/ Voter ID card
  • Proof of Residence/ Address: Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card
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Account Statement

  • Last 6 months Bank Account Statement
  • If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

  • Salary Slip or Salary Certificate of last 6 months
  • Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.

Income Proof for Self Employed:

  • 2yrs ITR, Computation of Income, P&L, Balance sheet with CA seal and sign
  • Tax Audit Report (If Gross Turnover Exceeds Rs 1 Cr or Gross Receipts Exceeds 25 Lac)
  • 6 months bank statements of personal and business accounts
  • If ITR is filed without digital sign – CPC and tax paid challan
  • Business continuity proof (3 yrs for HL / 5 yrs for LAP)

Lease Rental Discounting

  • 6 months bank statement where rent is credited.
  • Registered valid lease agreements.
  • 2 yrs ITR, Computation of Income, P&L, Balance sheet with CA seal and sign.
  • 1 yr 26 AS.
  • If Partnership firm – Partnership deed, 2 yrs audited financials, operative account, KYC, partnership authority letter.

Common Questions

The bank will assess several factors which include: ● Value of your property ● Your capacity to repay ● Other assets you own ● Legality and technical aspects of your property ● Liabilities that might occur
Lease Rental Discounting (LRD) loans work on the premise of rental properties being owed a fixed amount of rent. The property owner can use rental receipts drawn up for the duration of the lease as collateral while applying for a loan.
Yes, the loan can be paid ahead of the schedule. However, it will be subject to the current bank policy changes.
Salaried individuals, professionals with an established practice, and self-employed individuals qualify for LRD. In the case of non-individual entities, any partnership firm, private and public limited enterprises, as well as proprietorship firms, are eligible.
All the co-owners of the considered property need to come in as co-applicants to the loan.

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