Required Documents Construction/Purchase of flats
Agreement for Sale of Flat.
Tripartiate agreement with builder, borrower & banks, builder agreeing for raising loan by the borrower undertaking completion of constructions, to register the property after informing the bank & to refund the amount directly to the bank in case the agreement is cancelled.
Absolute Sale Deed.
No-Objection Certificate from Muncipality, Panchayath.
Non Encumbrance Certificate for 13 years from Sub Registrar (uptodate).
Latest Tax paid Receipt.
Khata Extract (R.T.C).
Approved Plan.
Sketch of the Flat.
Legal opinion from Bank’s Advocate in the bank’s prescribed format.
One member surety.
Salary Certificate of Applicant and Surety for the 3 months.
Latest Passport size Photograph.
Statement of Bank A/c for the last 6 months(Applicant & surety).
Inspection Report by Manager.
Income tax returns-3 yrs with record of payment to I.T.office (Applicant and Surety).
Valuation certificate from the bank’s approved valuer/Engineer.
Purchase of Ready Built house
Agreement for Sale of Property.
Absolute Sale Deed.
Khata Extract (R.T.C.).
Latest Tax Paid Receipt.
Non Encumbrance Certificate for 13 years from Sub Registrar (uptodate).
Approved Plan from Local Authority.
Legal Opinion from Bank’s Advocate.
Valuation Certificate from Bank’s Valuer/ Engineer.
One member surety.
Salary Certificate of Applicant and Surety for the 3 months.
Latest Passport size Photograph.
Statement of Bank A/c for the last 6 months.
Inspection report by Manager.
Construction of House/Repair/Renovation
Absolute Sale Deed.
Khata Extract (R.T.C.).
Non Encumbrance Certificate for 13 years from Sub Registrar (uptodate).
Estimate of Expenditure on Construction from Architect/ Engineer to be counter signed by the Bank’s panel Engineer/Valuer.
Approved Plan from Local Authority.
Legal Opinion from Bank’s Advocate.
One member surety.
Salary Certificate of Applicant and Surety for the 3 months.
Latest Passport size Photograph.
Statement of Bank A/c for the last 6 months.
Inspection report by Manager.
Latest property Tax Paid Receipt.
Take-Over of Housing Loan
Outstanding statement.
Statement of Account from the date of sanction.
No Objection Letter for delivery of Original Documents to Bank.
Take Over of “Standard Assets” only/Certificate of Standard Assets.
A letter to be addressed by the Borrower to the Financial Institution advising them to deliver the documents upon payment by the Bank.
One member surety.
Salary Certificate of Applicant and Surety for the 3 months.
Latest Passport size Photograph.
Statement of Bank A/c for the last 6 months.
Inspection report by Manager.