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About Us

Aditya Birla Capital Limited (“ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 60,000+ employees, the businesses of ABCL have a nationwide reach with over 1,623 branches and more than 200,000 agents/channel partners along with several bank partners.

Nationwide Branches

1,623

No. of Employees

60,000+

Agents/Channel Partners

2,00,000+

Aggregate Assets

INR 5.11 Lakh Cr

Consolidated Lending Book

INR 1.57 Lakh Cr

Loans

Investments

Insurance

Loans

Investments

Insurance

Complete Money Solutions

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Home Loan

Find customised home loan solutions for your unique needs

Balance Transfer

Find a better interest rate for your existing home loan

Top up Home Loan

Get a loan on your existing home loan to meet your needs

Loan Against Property

Turn your assets into a financial ally

Credit Track

Discover your financial fitness - check your credit score

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Home Loan EMI Calculator

Get an estimate of your Home Loan EMI now

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Mortgage Calculator

Calculate your Loan amount for your Current property

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Home Loan Eligibility Calculator

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Lease Rental Discounting

Supporting real estate businesses in project completion

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About the Loan
Is Lease Rental Discounting (LRD) for you ?
Why Lease Rental Discounting (LRD) ?
Features of Lease Rental Discounting
Standard Schedule of Charges
Do you have questions ?
Lease Rental Discounting - FAQs

About the Lease Rental Discounting

Owning a commercial or residential property in India comes with its share of advantages – the principal one among them being that the property owner is able to lease out the premises to earn rental income. Apart from monetising the property, the rent receivables also yield an additional benefit to the owner: he can raise a term loan against the rent for personal or business intents. This loan is known as Lease Rental Discounting (LRD) and is approved against the discounted rental cash flows from the property and its current market value.

Is Lease Rental Discounting for you ?

The LRD term loan is a gainful financial option to explore if you require a short-term loan for your personal or professional needs. You may opt for an LRD loan if you own residential or commercial or warehouse premises and if your premises is generating rental yields. Your leased property must have a registered agreement between yourself and the lessee.

Why Lease Rental Discounting ?

We offer Lease Rental Discounting (LRD) to property owners who have leased their owned premises to receive rent. The LRD eligibility is calculated on the basis of the discounted rental cash flows of the property, and its current market value. It is a term loan that can be used for both personal and professional needs.

Features of Lease Rental Discounting

Collateral: Residential, commercial and warehouse property under lease
Property credentials:Clear title,
Tenure: Up to 15 years
Minimum loan amount: Rs 50 lacs
Maximum loan amount: as per norms
Benefits: Attractive interest rates, loan transfer from other institutions with top up facility, faster processing

Please ask us for required documents and escrow account process at the time of application.

Standard Schedule of Charges

Transactions & Charges

Fore-Closure Charges :

Lock in period is 24 months from the date of final disbursement. No foreclosure is allowed during this period. (This restriction is not applicable for individuals borrowing for personal use) For given application: Please refer page no. 1 and/or 2 of this sanction letter.

Fore-Closure Charges after lock in period is over :

In case of Individual loans (where borrower is individual, with or without co-obligant(s)) for Personal purpose: NIL foreclosure charges In all other cases: 4% of the Principal outstanding amount.

Part pre - payment condition :

25% of the principal outstanding as on 1st April of given financial year will be allowed to be part paid without any charges. (This restriction is not applicable for individuals borrowing for personal use) For given application: Please refer page no. 1 and/or 2 of this sanction letter.

Part Prepayment Charges :

In case of Individual loans (where borrower is individual, with or without co-obligant(s)) for Personal purpose: NIL foreclosure charges In all other cases: 4% of the part payment in access of 25% in given financial year

Additional Note on Foreclosure and Part Prepayment Charge :

Foreclosure or part prepayment charge offered less than standard charges will be applicable only in case of NIL bounce, by applicants, in any of the loans with ABCL during currency of the loan granted vide this sanction letter. Standard charge mentioned here applicable otherwise.

Default Penal Interest Rate / Non Conformance with any covenants / stipulated conditions (at the sole discretion of ABCL) :

24% p.a. i.e. 2% per month

Cheque Return Charges/ECS/SI/NACH failure charges :

Rs 1000/- per instance

Accrued Interest :

As applicable based on actual delayed status or as communicated by the lender from time to time

Cancellation Charges if any :

4.00% of loan amount sanctioned

Closure charges for OD/LOC (Standard charges) :

4% of prevailing limit at the time of closure

Request for copies of documents of any collateral held with ABCL per instance :

Rs 2500/- per instance

Duplicate Statement/ Repayment Schedule / FC statement / any other document held with ABCL request

FC Statement: Rs. 1500/- per instance

RTR: Rs 1000/- per instance

Other statements: Rs. 200/- per instance

Charge For Exchanging PDCs, Security Cheques (Per Set) / ECS /NACH :

Rs 1000/- per instance

CIBIL/Credit report retrieval fee :

Rs 50/- per instance for Consumer and Rs. 500/- for Commercial CIBIL/Credit report

Loan Re-schedulement (on request from applicants, approval to be at sole discretion of ABCL) charges per instance

2% of the prevailing loan outstanding

NOC issuance charges per instance :

Rs 1000

Swap/Conversion Charges (Fixed rate to floating and vice-versa, at sole discretion of ABCL) (on request from applicants, approval to be at sole discretion of ABCL) per instance :

3% of the prevailing loan outstanding

Property swap charges (on request from applicants, approval to be at sole discretion of ABCL) :

3% of the prevailing loan outstanding

Stamp Duty , Legal and other statutory charges , Insurance Premium , Creation charge with ROC :

As per actual, where applicable

Disclaimer: It is subject to change from time to time on discretion of ABCL. Any GST as applicable on the Charges as per below schedule shall be payable by the Borrower.

Do you have questions?

Call +91 1800 270 7000 OR write to us at care.finance@adityabirlacapital.com.

What do we offer?

A sudden requirement of funds is an unavoidable circumstance arising in professional or personal life. Whether a personal necessity (hospitalisation, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments.

In this context, it is imperative to consider an invaluable source of finance known as Loan Against Property (LAP). This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinising the validity of the said property and its current market value.

Construction Finance

This is tailored for the real estate industry, which requires a constant stream of funds. Developers can avail of funding at every stage of construction for timely delivery.