Loan Against Rent Receivables Providers in Kolkata

Find the Top Loan Against Rent Receivables Providers from Sulekha in Kolkata

Finding a loan against rent receivables can be challenging. Sulekha simplifies this process by connecting you with the top rental property loan providers and agents in Kolkata. Whether you need a loan on rental property or want to explore financing options, Sulekha has you covered. With a curated list of the best rental property loan providers, you can easily find reliable services near your location. Simply fill out the form above with Loan Against Rent Receivables requirements, and we will match you with the best loan providers who will cater to your needs.

Top List of Loan Against Rent Receivables in Kolkata as on Oct 11, 2024

Ideal Marketing

Tollygunge, Kolkata, 700040

+08069670174

+12 more

Response Time: More than 60 MinsSulekha score: 4.4

Ideal Marketing, located in Tollygunge, Kolkata, provides comprehensive marketing solutions, specializing in various areas such as digital marketing, home loans, business loans, and more. With over a decade of experience, they have built a reputation for offering tailored solutions to meet the financial and marketing needs of their clients. They accept payments in cash and cater to customers in Kolkata and nearby areas, including Howrah and North 24 Parganas. The office is situated at 57/4F, Netaji Subhas Chandra Bose Road, near Regent Park, making it easily accessible. The business operates from Monday to Saturday, between 10 AM and 6 PM, and aims to provide quick response times for inquiries.

Available Loan Types:

Offering 35+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Mudra Finance Services

Devi Road, Mainpuri, 205001 ( Also serves in Kolkata )

Loans Business Loans CC Limit Loans

+14 more

Sulekha score: 6.8

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Dilip Kumar

Chamarajapuram, Mysore, 570004 ( Also serves in Kolkata )

Loans Business Loans CC Limit Loans

+17 more

Sulekha score: 6.5

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Ankur Gupta

Maniktala, Kolkata, 700006

5.0/5 Based on 2 Reviews

Loans Business Loans CC Limit Loans

+9 more

Sulekha score: 6.5Working hours: 9 AM to 9 PM

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Om Solution Loan Consultant

Dalhousie, Kolkata, 700001

Loans Business Loans CC Limit Loans

+11 more

Sulekha score: 6Working hours: 10 AM to 7 PM

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Credit Cares

Ultadanga, Kolkata, 700067

5.0/5 Based on 234 Reviews

+08035426813

Loans Business Loans Car Loans

+32 more

Sulekha score: 5.1Years of Experience: 13

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Suprakash Mondal from Kolkata

"I need education Loan for education purpose. "

Basanta Das from Kolkata

"Nice beter loan amount sulekha"

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Ankush Srivastava

Dalhousie, Kolkata, 700030

Loans Business Loans CC Limit Loans

+15 more

Working hours: 11 AM to 8 PM

Unimoni Financial Services Ltd.

Begumpet, Hyderabad, 500016

( Also serves in Kolkata )

5.0/5 Based on 1 Reviews

+080-48092589

Loans Loan Against Property Loan Against Property without Map

+4 more

Sulekha score: 3Working hours: 9:30 AM to 6:30 PM

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Onestop Solution

Taltala, Kolkata, 700013

5.0/5 Based on 9 Reviews

+08069876357

Loans Home Loans Loan Against Property

+7 more

Sulekha score: 7.9Working hours: 8 AM to 9 PM

Onestop Solution, located in Taltala, Kolkata, provides a wide array of services to cater to various home and business needs. The company specializes in home cleaning, carpentry services, and event management solutions, making it a convenient choice for those looking for comprehensive service options under one roof. With an emphasis on reliability and customer satisfaction, they have garnered positive reviews from clients, making them a trusted service provider in Kolkata. Their team of skilled professionals ensures efficient and timely service delivery, tailored to meet the specific needs of each customer?

Available Loan Types:

Offering 10 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹55 Lakhs and above
Depending on the type of loan

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Kothari Financial Services

Jorasanko, Kolkata, 700007

+09883034984

Loans Business Loans CC Limit Loans

+11 more

Sulekha score: 5.9Working hours: 10 AM to 7 PM

Welcome to Kothari Financial Services - your trusted partner for all loan solutions in Bara Bazar since 2009. We are committed to delivering exceptional loan services with a team of dedicated professionals. Our extensive offerings include home loans, business loans, mortgage loans, personal loans, and more, tailored to meet all your financial needs. Why Choose Kothari Financial Services? 1. Experience and Expertise: With over a decade of experie ... less

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Loan Against Rent Receivables Queries

Questions - 0 Answers - 0

7+ Experts

Latest User Reviews for Loan Against Rent Receivables in Kolkata

160+ Users have reviewed for Loan Against Rent Receivables in Kolkata

4.8

Based on 162 Reviews

Aditi Roy Bara Bazar

10 Sep, 2021

Upto yesterday thier office was in Poddar court, and today it is in Barabazaar, contact person was Sanjeev Sen Sharma and today someone else name. Big fraud. Take money from people and cheat them

Arnab Dasgupta Bara Bazar

10 Sep, 2021

Big fraud, changed office address and contact person so that people cheated by them could not get trace

Amit Agarwal Dalhousie

16 Jun, 2020

Brilliant Loan consultation in this company where i able to understand the process of loan and its calculation. The rate of interest is very smoothly understandable

Dudeja Industrial Corporation Dalhousie

09 Feb, 2020

Our company has been factoring with SSFS for the past 3 years. They have always been accurate, efficient and extremely responsive to our factoring needs. They understand our cash flow obstacles. When we submit a factoring request, they are very responsive and make every effort to accommodate our request at the earliest possible time. They have definitely helped alleviate our cash flow delays and have helped our business stay afloat because the payment lag time has been eliminated. This is super helpful for us in times of growth spurts which is often unpredictable in our industry. It is also an added reassurance for us to have the ability to factor on an as needed basis. Shree Shyam Financial Services has been a perfect solution for our company...

Swara Lundia Dalhousie

02 Feb, 2020

We were looking at so many options for our refinance combining two mortgages into one. We tried working with our bank, but became very frustrated at their inflexibility. We decide to consult SSFS because they had helped us so much with our first mortgage almost 5 years ago. They gave us the pros and cons of every option we discussed, and was always open to running multiple scenarios for us. They found the right financing plan for our needs, and successfully guided us through every step of the way...

Nimesh Pradhan Dalhousie

06 Dec, 2019

Most Banks don?t lend against the HUF property. SSFS identified 3 Banks and helped me raise desired money without any additional cost or higher interest. I love SSFS, because otherwise, I would have had to transfer the property in my name and pay huge amount as a stamp duty, just to raise finance against it. What?s so more surprising. They did it for us in less than fifteen days time. We love them because their prompt delivery helped us make extra revenues faster...

Anshu Prajapati Dalhousie

01 Dec, 2019

Shree Shyam Financial Services tightly integrated modules provide seamless straight through processing and its regular financial updates keep us ahead of the dynamic financial services regulations. The system is powerful and flexible which allows us to easily perform precise data mining and maintenance. We also enjoy high quality customer service from daily operations to technical support.They understand the business and have an excellent system and end user interface for investors, financial advisors...

Dipika Kripalani Dalhousie

29 Nov, 2019

Guys at SSFS are consummate professional in complete command of their products and services. They quickly and completely explains each product in which you might have an interest, and intuits and suggests others of which you might not be aware but which might benefit you. They are straightforward and prepared ? as well as patient and genuinely interested in not only your situation, but the best possible outcome for you, as the client. I feel very confident that my long terms goals will be met and well tended by them, and I am delighted to have made their acquaintance and to be one of their clients...

Recent Enquiries for Loan Against Rent Receivables in Kolkata

10+ Users enquired about Top Loan Against Rent Receivables Providers in Kolkata over the last 2 months

S

Suj***** Kolkata

Mortgage loans 28 September 2024
- Type of mortgage loan: Loan against property
- Property for mortgage: Residential building
- Mortage loan amount: 11 - 25 lakhs
S

Sas***** Kolkata

Mortgage loans 26 September 2024
- Type of mortgage loan: Loan against property
- Property for mortgage: Residential building
- Mortage loan amount: 11 - 25 lakhs
A

Asi***** Kolkata

Mortgage loans 02 September 2024
- Type of mortgage loan: Loan against property
- Property for mortgage: Plot
- Mortage loan amount: 11 - 25 lakhs
A

Ani***** Kolkata

Mortgage loans 30 August 2024
- Type of mortgage loan: Loan against property
- Property for mortgage: Residential building
- Mortage loan amount: More than 50 lakhs

Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, Loan Against Rent Receivables, home loans, vehicle loans, mortgage loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out a Loan Against Rent Receivables?

Immediate Financial Needs: When you need immediate cash flow for personal or business expenses, leveraging your rent receivables can provide a quick source of funds.
Business Expansion: If you need capital to expand your business or invest in new opportunities, a loan against rent receivables can be a viable option without liquidating your assets.
Property Maintenance: When substantial repairs or renovations are needed for your rental property, this type of loan can fund the required improvements.
Debt Consolidation: If you have multiple high-interest debts, consolidating them into a single loan against your rent receivables can reduce your overall interest burden.
Cash Flow Management: When there's a mismatch between the timing of your income and expenses, a loan against rent receivables can help manage your cash flow more effectively.

2. Eligibility Criteria for Loan Against Rent Receivables

Ownership of Rental Property: The applicant must own a rental property that generates consistent rental income.
Lease Agreement: A valid lease agreement with the tenant(s) is required, typically for a duration that covers the loan period.
Property Valuation: The property should have a favorable valuation as determined by the lender's approved valuer.
Tenancy Record: A good tenancy record with a reliable and creditworthy tenant(s) enhances eligibility.
Rental Income Stability: Stable and sufficient rental income to service the loan, usually demonstrated through bank statements or rent receipts.
Credit Score: A good credit score and financial history are important for loan approval and favorable terms.
Age and Income: The applicant should be within the age limit defined by the lender and have a steady income source apart from the rental income.

3. Benefits and Advantages of a Loan Against Rent Receivables

Utilization of Idle Assets: Enables property owners to unlock the value of their rental income without selling the property.
Lower Interest Rates: Generally, such loans come with lower interest rates compared to unsecured loans due to the secured nature of the loan.
Flexible Repayment Options: Offers flexible repayment tenures and options tailored to the borrower’s financial situation.
Large Loan Amount: Higher loan amounts can be availed based on the rental income and property value.
Tax Benefits: Interest paid on such loans can be claimed as a tax deduction under certain conditions, reducing the overall tax liability.
Continuous Rental Income: The borrower continues to receive rental income even after pledging it for a loan, ensuring ongoing cash flow.

4. Important Factors to Consider When Taking a Loan Against Rent Receivables

Loan-to-Value (LTV) Ratio: Understand the LTV ratio offered by the lender. It typically ranges from 50% to 85% of the property value or rental income.
Interest Rates and Charges: Compare interest rates, processing fees, and other associated charges across different lenders to get the best deal.
Tenure and Repayment Terms: Choose a tenure that aligns with your financial situation and repayment capability to avoid financial strain.
Prepayment and Foreclosure Charges: Check for any prepayment or foreclosure charges as these can impact the overall cost of the loan if you plan to repay early.
Impact on Cash Flow: Consider how the loan repayments will affect your monthly cash flow and ensure that you can manage the financial commitment.
Legal and Documentation Requirements: Ensure all legal documents related to property ownership, lease agreements, and rent receipts are in order and meet the lender’s requirements.
Risk of Default: Assess the risk of tenant default or vacancy as this can impact your ability to service the loan and may result in penalties or foreclosure.
Lender’s Reputation: Choose a reputable lender with favorable terms and a good track record in handling loans against rent receivables.

5. Loan Against Rent Receivables Interest Rates?

Bank Name	Interest Rate (%)	Loan Tenure	Processing Fees
State Bank of India (SBI)	8.5% - 10.5%	Up to 7 years	0.35% of loan amount (Min. ₹2,000)
HDFC Bank	9.0% - 11.0%	Up to 10 years	1% of loan amount
ICICI Bank	8.75% - 10.75%	Up to 10 years	1% of loan amount
Axis Bank	9.25% - 11.25%	Up to 9 years	1% of loan amount
Punjab National Bank (PNB)	8.6% - 10.6%	Up to 7 years	0.50% of loan amount (Min. ₹2,500)
Bank of Baroda	8.75% - 10.75%	Up to 10 years	1% of loan amount
Kotak Mahindra Bank	9.0% - 11.5%	Up to 7 years	1% of loan amount
IDFC First Bank	9.25% - 11.75%	Up to 10 years	1% of loan amount
Canara Bank	8.9% - 10.9%	Up to 7 years	0.5% of loan amount (Min. ₹3,000)
Union Bank of India	8.85% - 10.85%	Up to 7 years	0.50% of loan amount

Please note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. Processing fees may also include additional charges like GST. It is advisable to check with the respective bank for the most accurate and updated information.

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Most Common Questions About Loan Against Rent Receivables

1. Who are the best Loan Against Rent Receivables providers in Kolkata?

Ideal Marketing
Mudra Finance Services
Dilip Kumar
Ankur Gupta
Om Solution Loan Consultant

2. What documents are required for a Loan Against Rent Receivables?

You will need to provide proof of identity, proof of address, property ownership documents, the lease agreement, bank statements showing rent receipts, and a No Objection Certificate (NOC) from the tenant. Additional documents may be required based on the lender’s policies.

3. What are the eligibility criteria for a Loan Against Rent Receivables?

Eligibility criteria typically include property ownership, a valid lease agreement with a reputed tenant, a stable rental income history, and a good credit score. Some lenders may also require a minimum rental income and specific property types.

4. How do I apply for a Loan Against Rent Receivables online?

To apply online, you can apply online with the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Also you can visit the lender's website, fill out the application form with your personal and property details, upload the required documents, and submit the form. The lender will review your application and contact you for further steps.

5. How can I get an instant Loan Against Rent Receivables?

Instant loans may be available through lenders offering quick approval processes. Ensure you have all necessary documents ready, maintain a good credit score, and choose a lender with a reputation for fast processing. Some fintech companies may offer instant loan services.

6. What is the percentage rate for Loan Against Rent Receivables?

The interest rate for a Loan Against Rent Receivables typically ranges from 9% to 14%, depending on the lender, your credit profile, and the lease agreement terms. It's advisable to compare rates from multiple lenders before making a decision.

7. Can I get a Loan Against Rent Receivables with a low CIBIL score?

While a low CIBIL score might reduce your chances, some lenders may still consider your application if you have a strong rental income and a solid lease agreement. However, expect higher interest rates and stricter terms.

8. What is the processing fee for a Loan Against Rent Receivables?

Processing fees for a Loan Against Rent Receivables usually range from 0.5% to 2% of the loan amount, depending on the lender's policies. It's essential to clarify all fees and charges before proceeding with the loan application.

9. Can I get a Loan Against Rent Receivables with a bad credit score?

Obtaining a Loan Against Rent Receivables with a bad credit score is challenging but not impossible. Lenders may consider the strength of your rental income and the tenant's credibility. Be prepared for higher interest rates and more stringent loan terms.

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Top Loan Against Rent Receivables Providers in Kolkata

What type of mortgage loan do you need?

Find the Top Loan Against Rent Receivables Providers from Sulekha in Kolkata

Top List of Loan Against Rent Receivables in Kolkata as on Oct 11, 2024

Ideal Marketing

Mudra Finance Services

Dilip Kumar

Ankur Gupta

Om Solution Loan Consultant

Credit Cares

Ankush Srivastava

Unimoni Financial Services Ltd.

Onestop Solution

Kothari Financial Services

Latest User Reviews for Loan Against Rent Receivables in Kolkata

Recent Enquiries for Loan Against Rent Receivables in Kolkata

Why Choose Sulekha?

1. When to Consider Taking Out a Loan Against Rent Receivables?

2. Eligibility Criteria for Loan Against Rent Receivables

3. Benefits and Advantages of a Loan Against Rent Receivables

4. Important Factors to Consider When Taking a Loan Against Rent Receivables

5. Loan Against Rent Receivables Interest Rates?

Most Common Questions About Loan Against Rent Receivables

1. Who are the best Loan Against Rent Receivables providers in Kolkata?

2. What documents are required for a Loan Against Rent Receivables?

3. What are the eligibility criteria for a Loan Against Rent Receivables?

4. How do I apply for a Loan Against Rent Receivables online?

5. How can I get an instant Loan Against Rent Receivables?

6. What is the percentage rate for Loan Against Rent Receivables?

7. Can I get a Loan Against Rent Receivables with a low CIBIL score?

8. What is the processing fee for a Loan Against Rent Receivables?

9. Can I get a Loan Against Rent Receivables with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application