| Document category |
Documents required |
| Facility Agreement |
Duly filled and signed by all the applicants with franking(state specific) and MOE/MODT/MOD state specific will be required as applicable |
| Disbursement Request Form (DRF) |
Disbursement Request Form (DRF), signed by all the applicants. |
| Repayment Mode |
E-NACH or Auto Debit mandate as applicable |
| (Security E-NACH as applicable) |
| 3 SPDC required for loan above 1 cr (One third of the loan outstanding amount) |
| First PreEMI cheque to be provided with favoring details |
| Most Important Information (MII) and Key Fact Sheet |
Signed by all the applicants. |
| Administration Charges |
Rs5000/- or 0.25 % of the loan amount whichever is lower plus applicable taxes (The Administrative charges are a one-time non-refundable charges collected by the Lender for the purpose of appraising the valuation and legal verification of property to ascertain suitability of accepting the property for mortgage and the same is independent of the outcome /result of such appraisal. Please note that the administrative charges are payable at the time of disbursement of the Facility) |
| Stamp Duty |
State wise Stamp duty will be applicable |
| Notice of Intimation |
Notice of Intimation (NOI) will be applicable for properties situated in Maharashtra. NOI to be done within 30 days from the first disbursement date |
| Sanction Letter |
Accepted Sanction Letter, signed by all the applicants. |
| Pending documents, if any, as per the sanctioned conditions. |
| Property Documents |
Sale Deed and additional agreement, as applicable. |
| Current Agreement with Registration Receipt and Index 2, as applicable. |
| Total linked documents. |
| Approved plan and permissions from the appropriate authority. |
| Copy of the latest Encumbrance Certificate (EC), as applicable. |
| Copy of the latest Property Tax Receipt, as applicable. |
| Click here to view State and transaction wise Property Documents list. |
| Legal and Technical clearance to be obtained for Loan Disbursement. |
