Documents Required

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 Bills/ Property Tax receipt/passport/voter 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 Bank’s standard format.

FOR SALARIED EMPLOYEES

• 1. Salary slips for the last 3 months.
• 2. Copy of Identity card issued by the employer.
• 3. Form 16 or IT returns for the last 2 years.
• 4. Employer Certificate, Appointment Letter, Increment Letter, (Duly attested by the employer)

FOR SELF EMPLOYED/ PROFESSIONALS

• 1. Photocopies of IT returns/ Assessment orders for the last 3 years.
• 2. Photocopies of Challans evidencing payment of Advance Income Tax.
• 3. Balance Sheet and Profit and loss A/c for the last three yeas (certified true copy)
• 4. Proof of Business address.
• 5. Business Proof ( Registration Certificate of establishment, Gumasta/Trade License, Sales Tax Registration etc.)
• 6. A Photocopy of Certificate of Practice ( If applicable).
• 7. A Photocopy of Registration Certificate for deduction of Profession Tax ( if applicable)
• 8. TDS Certificate (Form 16 A, if applicable)

FOR NRI’S AND PIO’S

• 1. Valid Residence Proof.
• 2. Employment profile for last 5 years.
• 3. Copy of passport including page containing visa stamping.
• 4. Copy of valid work permit/work contract and Appointment letter.
• 5. Proof of Income in case of self employed/ professionals.
• 6. Copy of Identity card issued by the employer.
• 7. Statement of Overseas Bank account for the last six months which reflects credit of salary, saving etc.
• 8. Salary slips for the last 3 months or Tax returns ( if applicable)
• 9. Copy of Continuous Discharge Certificate in respect of applicable employed in Merchants Navy.
• 10. Power of Attorney, if applicable, in Bank’s standard format duly stamped and notarized /attested by Indian Embassy /Consulate.

PROPERTY DOCUMENTS

PROPERTY DOCUMENTS COMMON TO ALL

• 1. Agreement for Sale (duly registered for states where applicable), Construction agreement.
• 2. Copy of N.A. permission for the land from the collector.
• 3. Copy of order under the Urban land Ceiling Act.
• 4. Index II
• 5. Blueprint (plan Copy) stamped by Municipal Authority.
• 6. All payment Receipts to Builder /Seller.
• 7. Letter from the builder/society/housing Board intimating their A/c number and name of their bankers, for remittance of installments.
• 8. Original of land tax paid receipt and possession certificate issued by the revenue authorities.

IF PURCHASED FROM BUILDER/DEVELOPMENT AUTHORITY (NEW FLATS)

• 1. Registered Development Agreement between the owner of land and the builder, Power of Attorney to the builder from land owner for sale of flats.
• 2. Commencement Certificate granted by Corporation / Nagar Palika.
• 3. Letter of Allotment from private Builder / Housing Board / Society.
• 4. NOC and Transfer Letter from development authority.
• 5. NOC from Private Builder in Bank’s Standard format.
• 6. Tripartite Agreement
• 7. If leased land then Registered Agreement of Lease.

IF PURCHASED FROM REGISTERED SOCIETY

• 1. Letter of allotment from Society.
• 2. A copy of approved plan by the appropriate Society.
• 3. Share Certificate in Original.
• 4. Permission for Construction.
• 5. List of members submitted by society with Registrar of Societies duly acknowledged.
• 6. Copy of Bye Laws of Society.
• 7. Certificate of I.T. Clearance
• 8. Certificate of Registration
• 9. NOC to mortgage from the society.
• 10. NOC from land allotting authority in case of lease hold property.
• 11. Undertaking by Architect, Member, Power of Attorney, Accepting deposit of Original Share Certificate, accepting the bank as nominee, Resolution passed by the Managing Committee.

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 THE OTHER BANK

• 1. Original sanction letter of financer.
• 2. A/c statement of the financer.
• 3. Copy of title papers in the name of applicant.
• 4. Possession Certificate-where house is complete, and repayment has started.
• 5. Detail of Interim security.
• 6. Foreclosure letter.
• 7. List of documents held by the financing institute.
• 8. letter undertaking to issue NOC, from the current lender ban