Mahabank Commercial Lease Rental Discounting Scheme
Parameter | Details |
---|---|
Purpose | To meet borrower’s liquidity mismatch, acquisition of assets for business purpose or for all types of lawful economic activities. (Proceeds of Loan amount not to be used for any speculative purposes) |
Eligibility | Individuals / Joint owners in the age group of 18-65 years. |
Proprietorship firms/ Partnership firms /LLP/Pvt. Ltd. /Limited Companies, owning commercial Buildings/premises let out on long term lease and who desire to raise loans against the future rent receivables. | |
Individual/Partnership firms/Private Ltd. Companies having minimum standing of 1 year who own commercial property/or building in his/her/their own name, which are unencumbered and to be rented / or already let out on long term lease to reputed MNCs/Banks/ PSUs/Pvt. Companies /Large & Medium size Corporates / Government Offices (Both Central & State) / reputed Public bodies like Municipal Corporations etc. | |
However, the properties should not be or have been leased to Social Infrastructure projects such as School, Colleges, and Orphanages. Hospitals, Old Age Homes etc. | |
Nature of Facility | Drop-Line OD Limit or Term Loan |
Scale of Finance | Minimum : Rs. 10.00 Lakhs |
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