We always strive for innovation to benefit our customers in as many ways possible. That’s why we offer a rent securitization scheme wherein we provide loan against assured rental receivable from a property owned by you, which has been let out to a Bank, Multinational Company, AA* or AAA* Rated Corporate and Government/ Semi Government Undertakings.
Advantages of Lease Rental Disconting from PNB Housing
Provides an extensive range of non-home loan products like Loan for Purchase & Construction of Commercial Property, Loan Against Residential & Commercial Property and Lease Rental Discounting
Dedicated team of well-experienced employees who work on best-in-class information systems & network to deliver and provide customer satisfaction
Pan India branch network
Facility of enhancement in loan amount in the event of escalations in cost
Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans
High standards of ethics, integrity and transparency
Excellent post disbursement services
Various repayment options
Lease Rental Discounting
Interest Rate
Starting from
9.25%*
Note: The mentioned Interest rates are Floating Rates
within the un-expired period of lease deed subject to a maximum period.
Loan eligibility shall be determined by PNB Housing taking into account income, age, qualification and occupation etc.
Income of borrower(s)/ co-borrower(s) may be clubbed together for calculation of loan eligibility.
Loans Guarantors
In case of loan to Corporate, the account has to be guaranteed by personal guarantee of the Promoter/ Director in individual capacity.
PNB Housing
Loan Disbursement
Disbursement will be made after the property has been technically appraised and all legal documentation has been completed.
For purchase of house/ flat from an individual on resale, the loan amount will be paid in lump-sum to the seller at the time of transfer after confirming that the customer has paid his own contribution.
For houses/ flats under construction, the loan amount will be disbursed in stages based on the progress of construction.
A customer has to invest his proportionate share of the cost, prior to disbursement. The loan can be disbursed either in lump sum or installments according to the requirement of the development authority/ society/ private builder.
Loan Repayment
Loan repayment is through an escrow account with maximum 120 monthly installments or remaining lease period. Letter from lessee for direct remittance of lease rental in PNB Housing designated account.
Insurance / Customer Safety at
PNB Housing
PNB Housing, for the safety and extended comfort of its customers, suggests that they should get their property and loan repayments insured to overcome an unfortunate event during the re-payment term of the loan.
For the convenience of customers, PNB Housing has tied up with various insurance companies to offer best-in-class products and services at their doorstep.
