Lease Rental Discounting

Lease Rental Discounting (LRD) is one of the loan schemes offered by banks under which an applicant obtains loan against his/her leased property. Under LRD, the borrower pledges the future rental earnings from the leased property to the bank for loan repayment. LRD is typically offered against commercial properties.

LRD is particularly beneficial for the builders/developers who make a huge investment in raising a commercial property for rent/lease purposes.ยท The investments of the builders are in a way locked as the returns are obtained only in the form of rentals. Thus, they opt for LRD from banks by pledging their future rentals from the property. Banks also ensure that the future rental earnings from the property are secured before offering LRD.

Loan against rental income
From 1 cr to 50 cr
All types of property Commercial, Industrial, Where house or godown


  • Flexible documentation
  • Quick processing
  • Competitive Loan interest rates
  • Flexible and customized loan payment options
  • No Guarantor

Documents Needed

  • Photo, Pan card, Adharcard Of applicant & Co applicant.
  • Residence Light bill, Corporation Tax Receipt or Index 2
  • Office phone bill
  • Sop act
  • 3 years ITR with audit & all schedules
  • 6 months banking of accounts mention in balance sheet
  • all loans sanction letters including C.C
  • 1 April to till date VAT form no. 231 & Service tax
  • March 2017 tentative balance sheet

Partners Documents

  • Photo, Pan card, Adharcard Of applicant
  • Residence Light bill, Corporation Tax Receipt or Index 2
  • 3 years individual ITR
  • 6 months saving statement
  • All individual loan sanction letters

Company Documents

  • Pan card
  • Office phone bill
  • Sop act
  • 3 years ITR with audit & all schedules
  • 6 months banking of accounts mention in balance sheet
  • all loans sanction letters including C.C
  • 1 April to till date VAT form no. 231 & Service tax
  • March 2017 tentative balance sheet
  • Partner sheep deed

Directors Documents

  • Photo , Pan card, Adharcard Of applicant
  • Residence Light bill , Corporation Tax Receipt or Index 2
  • 3 years individual ITR
  • 6 months saving statement
  • All individual loan sanction letters

Company documents


  • Pan card
  • Office phone bill
  • Sop act
  • 3 years ITR with audit & all schedules
  • 6 months banking of accounts mention in balance sheet
  • all loans sanction letters including C.C
  • 1 April to till date VAT form no. 231 & Service tax
  • March 2017 tentative balance sheet
  • MOA & AOA with company registration certificate
  • Share holding pattern & directors list on letter head of company
  • Last 3 years directors report