SIB Rental Scheme

Leverage More Income From Rental

Leverage the potential of your future rental income with the SIB Rental Scheme, a specially designed financing solution to meet your personal and business needs. Whether you are an individual, a business owner, or an organisation, this scheme helps you utilise your rental receivables to achieve your financial goals. With attractive interest rates, flexible repayment terms, and a hassle-free application process, SIB Rental is your trusted partner for financing needs.

Benefits of SIB Rental Loan

High loan amount- Avail loans up to Rs. 10.00 Crores based on your rental agreements.
Flexible repayment tenure- Choose repayment terms aligned with your lease period, up to a maximum of 7 years.
Comprehensive security options- Secured against hypothecation of rent receivables and 100% collateral security.
Leverage future income- Utilise your rental receivables for immediate personal or business needs.
Convenient loan processing- Quick and straightforward approval process.
Competitive interest rates- Tailored to ensure affordability and flexibility.
Enhanced financial planning- Structured repayment aligned with your lease duration.

Applicants must meet the following eligibility criteria to apply for the SIB Rental Scheme.

Criteria	Details
Eligible applicants	Individuals Partnership firms Private/Public Limited Companies Trusts Societies
Tenant requirements	The tenant must be a reputable entity such as MNCs, banks, financial institutions, insurance companies, blue-chip companies, PSUs, or government departments.

Meeting these criteria ensures a seamless application and approval process.

Category	Details
Interest Rates	Check Interest Rates
Additional Charges	Click here for Service Charges

Prepare the following documents based on your category to ensure a smooth loan application.

Applicant Type	Required Documents
Salaried individuals	KYC documents (PAN card, Aadhaar card, and photographs) Latest 3 months' salary slips ITR for the past 2 years. 6 months' bank account statements Registered lease agreement
Business class	KYC documents (PAN card, Aadhaar card, and photographs) Recent financial statements ITR for the past 2 years 6 month's bank account statements Registered lease agreement Title deeds, possession certificate, and other property-related documents
Pensioners	KYC documents (PAN card, Aadhaar card, and photographs) Latest 3 month's pension statements ITR for the past 2 years 6 month's bank account statements Registered lease agreement