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Home >> Loan Products >> SyndRent
 
SyndRent
 

Purpose : To meet urgent personal expenses/credit needs

Eligibility : Bonafide owners of residential / commercial property

Quantum : 75% of the rental value

Repayment: Not exceeding 60 months

Rate of interest : PLR + 2.00%

Requirements:

  • Mortgage of property.

  • Lease agreement.

  • Consent from the lessee (tenant).

  • Third party guarantee acceptable to the bank.

 
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