Professional Documents
Culture Documents
DOCUMENT CHECK-LIST
Particulars of the documents required to be submitted along with the fully completed application form.
GENERAL DOCUMENTS (APPLICABLE TO ALL)
1. Application form duly filled by the borrower, Co-borrowers (if applicable) and submitted along with 3 photographs each. 2. Proof of identity (Photocopies of PAN/Passport/Drivers License, Voter ID card) 3. Proof of Residence (photo copies of recent Telephone Bills/ Electricity Bill/Property tax receipt/ Passport/ Voters ID card) 4. Last 6 months Bank A/c Statements for all bank accounts held by the applicant/s. 5. If any previous loan (from other bank/FI), then Loan A/c Statement for the last 1 year. 6. Signature identification from present bankers. 7. Personal asset liability statement in the Banks standard format.
+IF SOCIETY NOT REGISTERED / ORIGINALLY ALLOTED FROM DEVELOPMENT AUTHORITY / RESALE FLAT 1. Occupancy certificate and share certificate 2. Chain of Old Agreements in original with original receipt of registration (if any). 3. Original letter of allotment issued to the first owner by the development authority/Builder (as applicable). 4. Original stamped receipts of payments issued to the previous and present owners by the builder/development authority/society. 5. Conveyance deed executed by the builder/development authority in favour of society/seller. 6. Transfer permission from the respective authority (development authority/society) + IF CONSTRUCTION ON OWN LAND 1. Detailed estimate from Chartered Engineer/Architect
+ IN CASES WHERE A CHARGE ALREADY EXISTS ON THE PROPERTY 1. If there is a Prior charge on the Land on which the building is constructed, NOC from the concerned bank/Person who holds the charge would be required. 2. Where the property is mortgaged to employer (Loan from employer) - Letter for creation of subsequent charge in favour of SBI in the Books of the employer by way of equitable mortgage, needs to be produced. IF TAKE OVER LOAN FROM OTHER BANK
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Original Sanction letter of financer. A/c statement of the financer. Copy of title papers in the name of applicant. Possession certificate where house is complete, and repayment has started. Detail of interim security. Foreclosure letter. List of documents held by the financing institute. Letter undertaking to issue NOC, from the current lender bank/FI.
To ensure quick processing and disbursal of your Home Loan, furnish all documents (applicable to your case) along with the completed SBI Home Loan Application Form.
This is a SAMPLE checklist and should be customized as per state requirements in consultation with the law department.
ANNEXURE-C
SBI HOME LOAN DOCUMENTATION & DISBURSEMENT
CHECK-LIST
Particulars of documents to be brought by the applicant at the time of Documentation (Post sanction) and subsequent disbursement/part disbursements (in case of home construction).
REQUIREMENTS FOR HOME LOAN DOCUMENTATION 1. 2. 3. 4. 5. 6. Sale Agreement and Construction Agreement (As applicable) in original. Originals of all other property documents (wherever applicable) which have been submitted along with application form. Power of Attorney (For NRI, PIOs and defense personnel only) in original with 1 copy. (POA should be in SBI standard format) Original Receipts for advance amount paid to the seller/builder and margin money receipt. Up to date Encumbrance Certificate (wherever required) Equitable mortgage charges (As applicable as per state Laws) in cash (to be handed over to documentation officer only) towards stamping of recital Indemnity Bond for deviation on Stamp paper -duly notarized. (Amount as applicable for the state) Stamp Charges: a. Where franking facility is available Applicable stamp charges (as per state law) in cash to be handed over to Documentation Officer only. b. Where franking is not available Stamp papers for the applicable amount (As per state law) to be produced. 9. Repayment arrangements: SBI Customer: Standing Instruction letter or Post dated cheques. Others: ECS Mandate signed by other bank or Post dated cheques. 10. For Interim security, all the original documents to be produced and the title deed holder/s to be present along with the borrower.
2. 3. 4. 5. 6.
7. 8.
To ensure quick processing and disbursal of your Home Loan, furnish all documents (applicable to your case) along with the completed SBI Home Loan Application Form.
Branch/Sourcing Entity Contact Details: RACPC Info Desk Contact Details:
This is a SAMPLE checklist and should be customized as per state requirements in consultation with the law department.