Cent Rental is designed for financing property owners for business or any personal requirements. You can get a financing of up to Rs.10 crore with this facility at attractive rates starting from 10.25% p.a. You can take this loan for a maximum period of 10 years. The processing fee charged is 1% of the loan amount plus applicable taxes.
|Processing Fee||1% of the loan amount (max. Rs.3 lakh)|
Your monthly instalment or EMI depends on multiple factors including the loan amount, tenure, and interest rate. In order to calculate your monthly instalment amount, you can take help of Home Loan EMI Calculator.
The entire process of computation is quite simple and hassle-free with a quick turnaround time. All you need to do is enter details pertaining to your home loan, including the loan amount, tenure, processing fee, and interest rate. Upon completion, click “calculate” to check your EMI.
You can also view repayment schedule through a table.
If you are a property owner and have your documentations ready, getting this loan won’t be that difficult. However, make sure that you have read the fine print thoroughly before signing up.
The processing fee of Cent Rental is 1% of the loan amount.
The Term Loan must be repaid within 120 months or before the unexpired lease period (whichever is shorter).
The interest rate offered on Cent Rental ranges between 9.65% p.a. and 10.15% p.a.
You can get financing of up to 75% of the future lease rental receivables.
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