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Home / Rent and Lease / Commercial Space / Can rent my property to bank which I have already availed a loan. Loan is still pending ? Can the bank adjust my rent in the EMI amount ?
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Can rent my property to bank which I have already availed a loan. Loan is still pending ? Can the bank adjust my rent in the EMI amount ?

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0 2021-12-07T17:55:30+00:00
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How to rent your property to bank?

Hi Friend,

As far as I know you cannot rent out a residential property to a bank if you are thinking

how much banks pay for property or How much rent do banks give?

. A Bank can be set up only on commercialized property. But you can definitely rent out your property to other clients who are interested in renting your property. I had recently posted an Ad on Noroker to rent my property and my property was rented out quickly during the time of the pandemic. I included everything related to my property such as pictures, type, price, location of the property and it got a lot of attention. You can try using NoBroker and post an Ad there.

I am not sure if the rent you’ll receive can be adjusted against the EMI but you can simply pay the EMI by setting aside the rent amount, doesn’t hurt right?

I hope you have some ideas about how to rent your property to bank.

Click here to post an Ad for FREE! In case you want to rent out property faster you can choose the owner plan.

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