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KAPOL SWAPNA SIDDHI LOANS offers a collection of 10 specialised loans. The loans are convenient, offer moderate interest
rates on daily reducing balance, easy installments, processed
quickly and above all there are no hidden costs.
Kapol
Karishma
LOAN AGAINST RECEIVABLES
KAPOL KARISHMA, a loan scheme that helps you with finance
when you need it the most. You can avail this loan against lease
rental / rent receivables.
FEATURES -
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Maximum
Amount |
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70% of rent
due less TDS & advance rent taken subject to a ceiling
of 60 months rent receivable, not exceeding Rs.50.00 lacs |
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Eligibility |
: |
Owners who
let out their properties to reputed companies, public sector
undertakings, established commercial organization,
multinationals, banks, other reputed institutions or
individuals with adequate means. |
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Terms
|
: |
15% p.
a. interest, 30% margin. |
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Repayment
Tenure |
: |
60 months
or unexpired period of lease whichever is less. |
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Security |
: |
Property
whose rent receivable is financed will be mortgaged.
Alternatively, tangible security worth 1½
times
of the loan amount will form the security. |
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