Different cities in India have different trends in terms of security deposit. While a lot also depends on the negotiations between owner and tenant on the final figures, Multiples of a month rent as acceptable advance in various cities in India
Pune – 5 months of rent has to be paid as security deposit
Noida – 1 month of rent
Bangalore – 10 months of rent
Hyderabad – 2 months of rent
Chennai – 4 months of rent
Delhi – 2 months of rent
Mumbai – 5 months of rent
Gurugram – 3 months of rent
Read more about: How to renew the rent agreement in Mumbai
Read more about: Tenant police verification in Mumbai
