Zero Security Deposit

Difficulty in arranging security deposit, don’t worry ! Now pay your rent deposit through Mozitoo platform and pay EMI every month, you can avail this option if your rent the property through Mozitoo.com

EMI based Security deposit benefits

Interest payment

Interest Rate

Processing charges

Pre-closure charges

Documentation

Yes

1-1.5%

2%

NIL

Immediate

How it works

Rent Amount (A) 20000
Security Deposit (B) 100000
*Interest rate (C) 1.5% Monthly
Tenure of rent Agreement (D) 11 Month
Interest Payment (E) = ( B )* (C) 1500 / Month
Total Monthly Payment (A) + (E) 21500

*assuming interest rate is 1.5%

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