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Charge/hypothecation of the rent receivables for the entire period of Loan. |
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Collateral [linked to the period of loan]: Upto 6 years - 125%, Beyond 6 years
- 150%.
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Charge over the leased property by way of simple/equitable mortgage.
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Personal guarantee of partners of the firm / promoter directors of the lessor
company; third party guarantee, if available, preferably of legal heirs in case
of individuals. |