Dena Bank offers the Dena rent scheme against their property rent to earn more money against their receivable rent. Hence, the amount that this is calculated on is not on the rented property evaluation but the payments made by the tenant to the property.
You are eligible for this loan as long as you are:
Here are the basic features of this scheme from Dena Bank for accounting professionals:
For the latest Interest rates that are applicable can be checked at interest rates sections. Note that the interest is charged based on computation of the daily reducing balance.
Process fees are chargeable at 0.50% and repayment up to 120 EMIs or residual lease period is payable whichever is the lesser of the two.
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