Loan Against Rental Receivables to consolidate your debts from HDFC Bank.

Leverage the power of your rented out property to consolidate your loans.

HDFC Bank Loan Against Rental Receivables

This loan helps property owners who have rented out their commercial property to reputable establishments to get financial assistance to meet their personal needs. This secured loan can be used to meet expenses for overseas travel, medical exigencies, debt consolidation, etc.

Features of HDFC Bank Loan Against Rental Receivables

Why this Loan?

  • The HDFC Bank Loan Against Rental Receivables is designed to help borrowers who have property rented to government units, semi-government units, public sector undertakings, financial institutions, reputed corporations, multinational companies, etc. to get funds to meet their personal needs
  • Borrowers can also avail this scheme to pay off their high-interest credit card debts and loans, thereby consolidating their debts

Loan Amount

  • The loan amount sanctioned under this scheme depends on the net rentals, balance tenure of rental agreement, etc. The maximum loan amount sanctioned is up to 50% of the value of the commercial property


  • The interest rate applicable to this loan can be anywhere from 9.85% to 10.35%


  • This loan must be repaid within 9 years

Security Needed

  • The bank asks for the assignment of future rent receivables in favour of the bank

Margin Money (Borrowers Contribution to Total Cost)

  • As of October 2020, this information is not mentioned on the bank’s website. It is likely that the bank may not ask for any margin money as there is usually no fixed or specific purpose for which the money is needed, unlike a car loan or a home loan

Processing Charges

  • The bank charges up to 1.00% of the loan amount for processing the loan, with a minimum of Rs. 5000 and a maximum of Rs. 2 lakh

Documents Needed

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card / PAN Card Issuing Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Property-related documents
  • Bank statement for the last 12 months to which rentals are credited

Reference Facts

  • HDFC Bank Website:
  • Headquarters: Mumbai, Maharashtra
  • Call Centre Number: 1860 267 6161