(Securitization of leases and their repayment beyond the unexpired lease period up to 120 months can also be considered under the terms of the system.) Repayment: The loan is repayable up to 120 months using the total amount of net rent (gross rent – prorated early rent received – property tax – TDS – other legal levies of the owner) during the unexpired rental period or within 120 months, whichever comes first. Safety / Guarantee: a. Up to Rs.1.00 Lakes – On a own basis b. Above Rs.1.00 Lakes – Mortgage of properties for which rent is charged on loan. In the event that the security of said property is not available, the mortgage of another property is allowed. However, care must be taken to ensure that the property:. Moratorium: No moratorium is allowed. The refund will start from the following month of withdrawal (the interest rate may be changed from time to time) Processing fee: i) Up to Rs 5 crore: 0.50% + GST ii) About Rs 5 crore and up to Rs 50 crore: 0.25% + GST iii) Above Rs 50 crore: 0.50% + GST Quantum of Finance: The maximum limit per party that can be sanctioned under the system, taking into account the net lease amount available to the Bank, up to a maximum of 120 months, subject to the following: a. Up to Rs.1.00 Lakes – On an own basis b. Above Rs.1.00 Lakes – EM properties for which rent is charged on loan. In the event that the security of said property is not available, EM alternative property is allowed. However, the property must have a clear and marketable title and there must be no dispute of any kind about the property, it must be considered free property and the value of the alternative property is not less than 150% of the loan amount.

Other taxable securities such as NPCs, bank deposits, LIC policies, etc., whose value is sufficient to cover the loan amount, can also be purchased. .