Application from duly filed with 3 photographs Proof of Identity (PAN/Passport/ Driving License/ Voter ID Card/ Aadhar card) Proof of Residence(Telephone Bill/Cr.Card Statement/ Aadhar card) Bank A/c Statement (Salary/ Individual/Business) & through which payment to seller is made (6 month) If any previous loan, then Loan A/c statement for last 1 year
For Salaried Employees
Salary slips- 3months (or Salary Certificate) Form 16 and IT returns - last 2 years Employer Certificate, Appointment Letter, Increment Letter, etc. Copy of Employee I Card
For self employed/Professionals
IT returns last 3 years Balance Sheet & profit & loss A/c- last 3 years (certified true Copy) TDS Certificate ( Form 16A, if applicable) Business proof (Gomasta License, Sales Tax Registration, etc.) Challans of Advance IT Paid (Xerox)
For NRIs and PIOs
Passport with Visa Copy Work permit, work contract & Appointment Letter Employment Profile for last 5 years. Valid residence proof Employers I Card (Labour Card, if applicable) Statements of Overseas Bank A/c. And Indian NRE a/c which reflects salary credit of last six month. Salary Slips (6 months) or Tax Returns (if applicable) Email id OF HR of Employer
Property Documents from Builder/ Society
NOC from Builder/Society in Banks format Agreement for sale (Registered) Index II Letter of Allotment from Private Builder/Housing board/Society Blueprint(Plan copy ) stamped by Municipal Authority. All Payment Receipts to Builder/seller. Development agreement of Builder (Registered copy )+ CC+NA+NOC of ULC Occupancy certificate and share certificate (for sale flat) Chain of old Agreement/s (in Original for resale flats) IF CIDCO/MHADA Property then, i. NOC & Transfer letter from CIDCO/MHADA ii. Tripartite Agreement in case of Gaothan/12.5% property iii. If leased land agreement for lease (registered )
Fees & Charges
Title Clearance & search Report: Rs.....4000/..... Valuation report Fee: Rs..1710/ Processing Fee: 0.25% of loan amount for loan up to Rs. 25 lcs (for loan amount of Rs. 25 lacs- 75 lacs flat 6500/-) above 75 lacs Rs 10000/(Processing fees waived for take over only till 31 Dec 2015) Mortgage Charges: 0.20% of loan amount (as per State Govt. Stamp Act) CERSAI charges Rs. 570/Documentation Cost: Rs. 1200/- (as per State Govt. Stamp Act) Structural Engineer Report: Rs...1710/-(if the property is older than 15 years, varies as per city) Property Insurance: Premium rate of Rs. 27/- per lac per year x Repayment term (mandatory) Life insurence: Loan protection paln (premium as per age and repayment term)
VII. 1. 2. 3. 4. 5.
Home loan take over
For closure Letter
Original Sanction Letter List of documents Loan A/c /statement last one year Gurantor (Third Party Guarantee)