Nature of the Scheme	Loans to individual against Rent Receivables
Eligibility	Individuals, proprietorship, partnership, public Ltd. Cos, Private Ltd. Cos, Trust are eligible to avail the facility.   All unencumbered residential/ commercial properties at all places let out for reputed public sector/ private sector/ multinational undertakings, embassies and consulate offices of foreign countries etc are eligible for the loan.
Quantum of Finance	Upto a maximum of Rs. 10.00 cr
Repayment Period	Within the unexpired lease period including option period/ 84 months whichever is less.
Interest rate	As applicable on the date of loan.
Primary Security	Rent Receivable
Collateral Security	For loans upto Rs. 1.00 lacs: No Collateral. For loans above Rs. 1.00 lacs: Equitable mortgage of the property/ liquid assets such as NSCs, deposits etc. With 25% margin/ equitable mortgage of alternative collateral security.
Co-obligant/ Guarantor	Acceptable to the bank.
Charges	As applicable to the scheme from time to time.

Other Terms and Conditions apply.

This is not meant to be a prospectus. This is only a gist of the salient features. For further details and other conditions, contact your nearest Andhra Bank Branch.