Checklist of Loan Against Property Documents Required:

For Salaried Applicants:

• Proof of identification (any one of the following):

1. 1. 1. PAN card
      2. Passport
      3. Driving License
      4. Voter’s ID
      5. Employee ID
      6. Bank passbook
      7. Ration card

• Address proof (any one of the following):

1. 1. 1. Passport
      2. Utility bill (telephone, electricity, water, gas) – less than 2 months old
      3. Letter from a recognized public authority verifying the customer’s residence address
      4. Bank passbook or Bank account statement
      5. Voter’s ID
      6. Ration card
      7. LIC policy/ receipt

• Residence ownership proof (any one of the following):

1. 1. 1. Property documents
      2. Maintenance bill
      3. Electricity bill

• Proof of income (any one of the following):

1. 1. 1. Pay slip (Last 2 months)
      2. Increment or Promotion letter
      3. It returns (for 3 years)
      4. Form 16
      5. Certified letter from Employer

• Proof of job continuity (any one of the following):

1. 1. 1. Current job appointment letter (if more than 2 years have been spent in the same job)
      2. Current employment certificate
      3. Experience certificate (including previous job certificate or appointment and relieving letter)

• Bank statement: Last 6 months’ bank statements of salary account
• Existing loans: In case of any existing loan, need to submit a sanction letter, payment track record
• Investment proof (if any): fixed deposit, fixed assets, shares, etc.
• Copies of all property documents: Sales deed/copy of Agreement, share certificate (if society formed), latest maintenance bill.
•  Advance processing cheque: to process loan documents for sanction.

For self-employed Individual/Businessman:

• Proof of Identification
• Address Proof
• Residence ownership proof (any one of the following):

1. 1. Property documents
   2. Electricity bill
   3. Maintenance bill

• Office address and ownership proof (any one of the following):

1. 1. Property documents
   2. Electricity bill
   3. Maintenance bill

• Proof of business existence (any one of the following)

1. 1. Sales deed/ agreement (executed)
   2. Saral copy (3 years old)
   3. Copy of tax registration
   4. Company registration license

• Proof of Income (any one of the following):

1. 1. Last 3 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
   2.  Audited balance sheet and Profit & Loss accounts, including the tax audit report, if applicable

• Bank statement: Latest 1-year bank statement (both savings and current)
• Copies of all property documents: Sale deed/copy of Agreement, share certificate (if society formed), maintenance bill
• Advance processing cheque: to process loan documents for sanction
• Passport size, coloured photograph
• Investment proof (if any): fixed deposit, fixed assets, shares, etc.
• Existing loans: In case of any existing loan, need to submit a sanction letter, payment track record
• Professional Degree Certificate: (in case of professionals).

SANCTION LIST OF DOCUMENTS

SALARIED:

• Application form completed with 2 photographs duly filled in and signed
• ID Proof: PAN CARD
• Residence Proof: Latest Telephone bill / Bank Statement containing the address for last 6 months / Electricity bill / Ration card / Letter from Employer
• Salary slips for the last 3 months
• Latest Form 16
• Copy of Appointment Letter with Latest CTC & Confirmation Letter
• Original Bank Statement / Passbook of salary A/C for last 6 months (updated)
• Last Qualification Proof
• Previous Employment details if the applicant is on probation
• Investment Proof
• Processing Fees Cheque
• Repayment Track Record if any.

SELF-EMPLOYED / PROFESSIONAL:

• Application form completed with 2 photographs duly filled in and signed
• ID Proof : PAN CARD / PASSPORT / VOTER ICARD / Employer ID Card / Driving license
• Residence Proof: Latest Telephone bill / Bank Statement containing the address for the last 6 months / Electricity bill / Ration card
• Last 3 years ITRs ( SARAL, Computation of income, Profit & Loss A/c, Balance Sheet, TDS Certificates ( if applicable ), Tax Paid Challans
• In case of a Partnership firm: ITRs for the last 3 years and Partnership Firm
• In case of a company: Audit Reports for the last 3 years and MOA & AOA
• Bank Statement / Passbook of Current & SB A/C for last 6 months ( updated )
• Alternate Business Proof (Shop Registration Certificate Certificate etc.)
• Processing Fees Cheque

IN CASE OF TAKEOVER:

• Outstanding loan quotation
• Repayment Track Record
• List of Documents
• NOC for take over
• Copies of Property Agreement
• Sanction plan copy ( Blue Print )

NIR:

1. Copy of Passport, Visa, Service Contract, Salary slip ( all duly attested by Indian Embassy / Notary / HFL Officials / Bank )
2. GPA (GENERAL POWER OF ATTORNEY ) in our format ( all duly attested by Indian Embassy / Notary / HFL Officials / Bank )
3. Bank Statement for the past one year of recent employment
4. NRI Bank Statement for 6 months.
5. And see the list of salaried documents.

# above mentioned income documents are required for the Co-applicant also if His/her income is considered.

PROPERTY-RELATED DOCUMENTS TO BE ATTACHED:

1 or 2 or 3 or 4 whichever is applicable

1.  For Purchase of New Flats from Builders/ Promoters:
   • Agreement to sell with the builder and the Registration Receipts.(2 copies)
   • Blueprint of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant’s flat should be marked in red colour for easy identification.
   • N.A. Permission and ULC order copy.
   • Title investigation report for last 12 years (Search report for 12 yrs. Conducted within one year.
   • Development Agreement and Power of Attorney/sale deed in favour of the builder.
   • Receipts of payments made to the builder.
   • 7/12 OR CTS extract OR Property card.
   • NOC from a builder in a prescribed format.
   • Completion Certificate, if obtained.
   • Society documents are mentioned below under (I). ( if applicable ).
2. For Purchase of Resale Flat:
   • Agreement to sale with the vendor and the Registration Receipt. (2 copies).
   • Agreement to sale between vendor and the builder and its Registration receipt.
   • Copy of the conveyance deed between the builder and the society is registered.
   • Receipts of payments made to the vendor.
   • Documents 2, 3, and 4,5,7,8,9,10, of point (1).
3. For construction / Extension / Renovation of House:
   • Sale deed / Lease deed and its Registration.
   • 7/12 extract and the Index II.
   • Demarcation / Layout certification
   • Abstract & Detailed Estimate for construction / extension prepared & certified by a Licensed Surveyor / Architect.
   • Documents 2, 3,4,10, of point (E) above.
4. For Plots / Houses / Flats allowed by MHADA / PCNTDA / MIDC / MHB

• • Allotment letter.
  • NOC from the body.
  • Additional certificate (in PCNTDA) cases only).
  • Lease deed & its Registration receipts.
  • Blueprint of the sanction building plan and commencement certificate attested by the sanctioning authority.
  • Receipts of payment made to the body.

In points 1, 2, 3 & 4 above, if the flat / house is located in a registered society, the following.

Additional Documents are to be submitted:

1. Society Registration Certificate
2. Society Bye-laws.
3. Share Certificate.
4. Letter of allotment of flat / house/plot.
5. Society NOC. (prescribed format available with our office)

In case of Builder APF or Reference:

• Agreement to sale with a builder and the Registration Receipts.
• Blueprint of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant’s flat should be marked in red colour for easy identification.
• Receipts of payments made to the builder. If cheque Payment then Bank clearance is required.
• NOC from a builder in a prescribed format.
• Builder Demand Letter