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LEASE FINANCE
The leasing provides financial flexibility to enterprises for procurement of capital assets without blocking their own funds. IIDFC procures the necessary machinery and equipment used by the clients under leasing arrangement. Lease rentals which include both interest and principal payments are tax deductible expenditure. The documentation requirement also is simple, convenient and less time consuming.
- Competitive Interest Rate
IIDFC offers competitive interest rates compared to the rates available from other operators in the market.
- Repayment Terms
IIDFC offers an attractive repayment package matching the convenience of the entrepreneurs. The lease financing can be extended up to seven years depending upon realistic appraisal of circumstance and the payment pattern can be monthly, quarterly or half-yearly.
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