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Personal, home, vehicle & other loans

IB Rent Encash

Secured finance against receivables from an eligible residential or commercial lease, with amount and tenor linked to lessee quality, location, rent and the unexpired lease period.

Interest rate8.75%–10.25% p.a. floating under the current Indian Bank personal-segment rate table.Maximum amountHigh-grade lessee: up to ₹5 crore in Tier I/II centres and ₹2 crore in other centres; other lessees: up to ₹2 crore in Tier I/II centres and ₹1 crore in other centres, subject to the published rent and lease-period limits.TenureHigh-grade lessee cases: maximum 120 months; other-lessee cases: maximum 84 months, or the residual lease period where shorter.
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Quick eligibility check

IB Rent Encash

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: eligibility is tied to qualifying property, rent receivables, lessee and lease-period criteria?

Published source: Minimum income

2Do you meet this requirement: Owner of residential or commercial property let or proposed to be let to an eligible tenant?

Published source: Eligibility

3Do you meet this requirement: amount depends on rent, lessee category, centre and unexpired lease period?

Published source: Eligibility

4Do you meet this requirement: KYC and constitution records, property title and valuation, lease/rent evidence, lessee details, and assignment/escrow and mortgage documentation?

Published source: Required documents

5Do you meet this requirement: The applicant must own residential or commercial property let, or proposed to be let, to an eligible lessee?

6Document checkDo you have this required document or proof: KYC and constitution documents?

Published source: Required documents

7Document checkDo you have at least one of these required documents: Registered lease or rent agreement and rent-receivable evidence?

Published source: Required documents

8Document checkDo you have this required document or proof: Property title, valuation and mortgage documents?

Published source: Required documents

9Document checkDo you have this required document or proof: Lessee details and assignment/escrow documentation?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeSecured term finance against rent receivables from leased residential or commercial property.View source
The page describes finance against rent receivables and requires assignment of rent plus property security.
Source
IB Rent Encash — Indian Bank
Page / section
Scheme eligibility and facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate8.75%–10.25% p.a. floating under the current Indian Bank personal-segment rate table.View source
The current floating table lists IB Rent Encash at 8.75% to 10.25%.
Source
Indian Bank floating personal-segment rates
Page / section
Loan against Rent Receivables — IB Rent Encash
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkThe current rate table labels the rate floating but does not name a benchmark or spread.View source
A floating percentage is published without a named benchmark in the reviewed current table.
Source
Indian Bank IB Rent Encash benchmark review
Page / section
Loan against Rent Receivables
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published on the current IB Rent Encash page or rate schedule.View source
The reviewed sources publish floating but no separate calculation.
Source
Indian Bank IB Rent Encash review
Page / section
Complete scheme criteria; interest-rate schedule
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo separate salary or annual-income threshold is published; eligibility is tied to qualifying property, rent receivables, lessee and lease-period criteria.View source
The page bases the amount on monthly rental value, lessee and unexpired lease period rather than a universal salary floor.
Source
IB Rent Encash income review
Page / section
Eligibility; loan amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountHigh-grade lessee: up to ₹5 crore in Tier I/II centres and ₹2 crore in other centres; other lessees: up to ₹2 crore in Tier I/II centres and ₹1 crore in other centres, subject to the published rent and lease-period limits.View source
The official table publishes separate centre and lessee-category ceilings and also caps the amount by rent multiple.
Source
IB Rent Encash loan amount
Page / section
Loan amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureHigh-grade lessee cases: maximum 120 months; other-lessee cases: maximum 84 months, or the residual lease period where shorter.View source
The page publishes 120-month and 84-month maximums subject to the unexpired lease.
Source
IB Rent Encash repayment
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing fee1% of the loan amount under the current personal-segment processing-fee schedule.View source
The current schedule lists Rent Encash / IB Rental at 1.00% on the loan amount.
Source
Indian Bank processing fee schedule
Page / section
Ind Mortgage Scheme — Rent Encash / IB Rental
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureFor individuals, term-loan prepayment is nil. For non-individuals, term-loan and overdraft prepayment is 2% plus GST on the higher of outstanding balance or drawing limit.View source
The published criteria differentiate individual term-loan prepayment from non-individual and overdraft charges.
Source
IB Rent Encash prepayment
Page / section
Prepayment / foreclosure
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityOwner of residential or commercial property let or proposed to be let to an eligible tenant; amount depends on rent, lessee category, centre and unexpired lease period.View source
The page identifies property owners and qualifying lease/rent characteristics as the core eligibility test.
Source
IB Rent Encash eligibility
Page / section
Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsKYC and constitution records, property title and valuation, lease/rent evidence, lessee details, and assignment/escrow and mortgage documentation.View source
The scheme requires property and rent-receivable security documentation; the branch may request supporting financial records.
Source
IB Rent Encash documentation
Page / section
Security; documentation
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • High-grade lessee cases: up to ₹5 crore in Tier I/II centres and ₹2 crore in other centres
  • Other-lessee cases: up to ₹2 crore in Tier I/II centres and ₹1 crore in other centres
  • Repayment can extend to 120 or 84 months, subject to residual lease period
  • Prepayment rules are published separately for individuals and non-individuals

Eligibility

  • The applicant must own residential or commercial property let, or proposed to be let, to an eligible lessee. The sanctioned amount depends on monthly rent, lessee category, centre and the unexpired lease period.
  • High-grade lessees include banks, public-sector undertakings, government organisations, reputed companies and firms meeting the page's published criteria.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • and constitution documents
  • Registered lease or rent agreement and rent-receivable evidence
  • Property title, valuation and mortgage documents
  • Lessee details and assignment/escrow documentation
  • Income-tax and banking records as requested by the bank

Related official documents

IB Rent Encash — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗
Processing Fee on Personal Segment Loan Products — Indian Bankofficial-fee-schedule · current · accessed 31 Aug 2026
↗
Interest Rates on Personal Segment Loan Products: Floating — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Eligibility · Published detailOwner of residential/commercial property let or proposed to be let to eligible lessee.

This value is copied from IB Rent Encash — published terms. Check the table notes before relying on it.

Source: IB Rent Encash — Indian Bank · Complete scheme table; current rate and fee schedules Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsIB Rent Encash — published termsCurrent Indian Bank rent-receivable finance limits, margins, repayment, charges and security.View tableHide table

Scroll sideways to view every column

IB Rent Encash — published terms
ParameterPublished detail
EligibilityOwner of residential/commercial property let or proposed to be let to eligible lessee.
Loan amountHigh-grade lessee: ₹5 crore Tier I/II, ₹2 crore other centres; other lessee: ₹2 crore Tier I/II, ₹1 crore other centres; also limited by rent multiple.
MarginHigh-grade lessee 10% NPV / 30% RSV; other lessee 20% NPV / 40% RSV.
RepaymentHigh-grade maximum 120 months; other lessee maximum 84 months or residual lease period, whichever is shorter.
Rate8.75%–10.25% p.a. floating.
Processing fee1% of loan amount under current Rent Encash / IB Rental schedule.
PrepaymentIndividual term loan nil; non-individual term/ 2% plus on higher outstanding or drawing limit.
SecurityAssignment/escrow of rent, mortgage and guarantees as applicable.
Documents, title/valuation, lease/rent, lessee and mortgage/assignment records.
IB Rent Encash — Indian Bank · Complete scheme table; current rate and fee schedules · accessed 31 Aug 2026Open official source ↗

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