Ezmyloans || Loans

Loan Against Rent Receivable

Have you rented your business property and are seeking a loan? Put your worries aside because a loan against rent receivable allows you to borrow 50% - 60% of the value of your business property. Minimal documentation is required, allowing you to obtain a loan with minimal fuss.

Essentials

Eligibility Criteria

Applicant must be a salaried individual, self-employed professional, or business entity.

Applicant must be the legal owner of the rented commercial/residential property.
A valid, registered lease/rent agreement is mandatory.
The tenant should be a reputed company, MNC, bank, or government body.
The lease should typically have a remaining lock-in period of 3 years or more.
Property should be located in an approved urban/commercial area.
Applicant must have a clear property title with no legal disputes.
Stable income or rental history may be required.
Good credit score and repayment track record.
Loan amount is based on discounted future rent receivables.
KYC, financial documents, rent agreement, and property papers must be submitted.

Documents Required

Individual

Two Photographs
PAN Card Copy
Aadhaar Card and Passport
Address Proof – If rented, also provide permanent address proof
Last 3 Years Form-16 with Computation of Income (if filed)
Last 1 Year Bank Statement – Salary Account
Loan Schedule and Sanction Letter (if any loan is running)
Complete Property Papers with Chain & Map + ATS
Processing Fee Cheque in favour of the bank
Last 3 Months’ Salary Slips + Appointment Letter

Proprietary firm

Photographs (Both)
Clear PAN Card copy – Proprietor
Address Proof – Proprietor (Passport, Voter ID Card)
Office Address Proof – Latest (Electricity Bill, Telephone Bill)
Firm Registration Certificates & GST Registration Copy
Last 1 Year GST Return Copy
Firm's last 3 Years ITR – Computation, Profit & Loss A/C, Balance Sheet, Tax Audit Report, all Schedules & Annexures
Provisional Financials for AY 2023–24
Bank Accounts – Current Account, CC Account, OD Account (Last 1 Year Updated)
6 Months’ Savings Account Statement – Proprietor
If running any loan – Provide Sanction Letter and Repayment Schedule
Agreement to Sell Copy
Property Papers – With Complete Chain and Sanctioned Map

Partnership Firm LLP

Photographs of all Partners
PAN Card – Company and all Partners
Address Proof – All Partners (Passport, Voter ID Card, PAN, Aadhaar)
Firm Address Proof – Latest utility bill
Partnership Deed Copy
GST Certificate
GST Return – Last 1 Year
3 Years Company ITR, COI, Profit & Loss A/C, Balance Sheet, Audit Report (Form 3CB & 3CD), all Annexures and Schedules, CA Certified
Provisional Financials for AY 2023–24
3 Years Individual ITRs and Computation – All Partners
Firm’s all Bank Account Statements – Last 1 Year Updated
All Partners’ Savings Account Statements – Last 6 Months
If running any loan – Latest Sanction Letter + Track Record or Repayment Schedule
Agreement to Sell Copy
Property Papers – Complete chain with sanctioned map

PVT LTD

All Directors’ Photographs
Clear PAN Card – Company and all Directors
Address Proof – Company and all Directors
List of Directors and Shareholders – CA Certified as on date
Memorandum, Order in Hand, and Complete Copy (if applicable)
GST, Sales Tax, VAT, and SSI Registration Certificates
GST Returns – Last 1 Year
All Directors’ Individual ITRs and Computation – Last 3 Years
Company Financials – Last 3 Years with Tax Audit Report and Annexures
Provisional Financials for last FY or Month-wise Sales Figures for the last 1 year
Company Bank Account Statements – Last 1 Year Updated
All Directors’ Savings Account Statements – Last 6 Months
If any running loan – Latest Sanction Letter and Repayment Schedule
Agreement to Sell Copy
Property Papers – Complete Chain with Sanctioned Map