Real Estate Loan
Financial support for builders and developers to execute projects efficiently
Purpose
Loans will be given as per the demand of builders and developers and according to their ongoing projects. While disbursing the said loans, the project report of their ongoing project will be taken and their limit will be decided accordingly.
Eligibility
- Builders & land Developers for construction.
- Loan will be given 70 % of estimated construction Value.
Document Required
- Duly filled prescribed application form.
- KYC documents of applicant and 2 Guarantor i.e. PAN Card, Aadhar card, latest photograph, Identity proof, (e.g. Voter ID, Passport, Driving Licson ) residence proof.
- Shop act / Drug/ Vat/Excise/Pollution Control/ B.S.T.,C.S.T. Excise,S.S.I. or any other Applicable Licenses.
- Latest Financial Papers ITR B/S & P/L & Computation of Income with all Schedule For Last 3 Years.
- Agreement to sale/ Sale deed / or Apartment deed /Apartment declaration /development agreement/ power of attorney from.
- Sanction of bldg permit & Commencement certificate.
- Latest 7/12 & 6 d abstract for 30 years.
- Share Certificate Conveyance deed, in case of Society.
- NOC from builder/ society to mortgage the property.
- Original owner of the property.
- Payment Receipts.
- Approved plan blue print.
- Completion Certificate.
- Title search report.
- NA order, NA tax paid Receipt.