I) Checklist for loan sanction.<\/p>\n\n\n\n
II) Documents required for legal and technical\n– (For APF & Non- APF projects).<\/p>\n\n\n\n
III) Document checklist for disbursement\nprocess.<\/p>\n\n\n\n
KYC<\/strong><\/p>\n\n\n\n 1) Company pan\ncard copy along with stamp & director signature.<\/p>\n\n\n\n 2) Pan card copy\nof all directors. <\/p>\n\n\n\n 3) One Passport\nsize colour photograph of all applicants.<\/p>\n\n\n\n 4) Copy of\nresidence proof (passport\/electricity bill & Aadhaar card copy) of all\ndirectors.<\/p>\n\n\n\n 5) Copy of office\nproof (electricity bill\/telephone bill).<\/p>\n\n\n\n 6) Pan card of\nshareholders having minimum stake of 51%.<\/p>\n\n\n\n Financial Documents<\/strong><\/p>\n\n\n\n 1) CA certified\ncopies with membership number: <\/p>\n\n\n\n a) 3 years latest financials of the company\nincluding Saral Copy, computation of \nincome, Balance Sheet, P&L account, Capital Account. <\/p>\n\n\n\n b) 3 years latest financials of all directors\nincluding saral copy, computation of income, Balance Sheet, P&L account,\nCapital Account.<\/p>\n\n\n\n c)\nCompany Annual report.<\/p>\n\n\n\n d) Directors report.<\/p>\n\n\n\n e) Auditor Report and Annexure to\nauditor\u2019s report.<\/p>\n\n\n\n f) Tax audit report (Form 3CB &\n3CD) (42 Points) -If applicable.<\/p>\n\n\n\n g) Copy of company\u2019s Debtors &\nCreditors aging 1 Year \u2013 if case is booked under banking product. <\/p>\n\n\n\n 2) Latest 12\nmonths bank account statement of all directors.<\/p>\n\n\n\n 3) Latest 18\nmonths bank account statements of all current accounts of the company.<\/p>\n\n\n\n 4) Latest 3 years\nForm no-26 AS.<\/p>\n\n\n\n 5) Latest 1 year\nCopy of GST returns \u2013 3B form.<\/p>\n\n\n\n 6) Director\u2019s\nlatest 4 months salary slips.<\/p>\n\n\n\n 7) Director\u2019s\nlatest 2 years form 16.<\/p>\n\n\n\n 8) Director\u2019s\nsalary credit statement for 6 months.<\/p>\n\n\n\n 9) For any rental\nincome receivable b y the director:<\/p>\n\n\n\n a) Copy of registered rental\nagreement.<\/p>\n\n\n\n b) Latest 1 year bank account\nstatement reflecting the rental credit.<\/p>\n\n\n\n Other Documents<\/strong><\/p>\n\n\n\n 1) MOA & AOA\nof the company. <\/p>\n\n\n\n 2)) List of\ndirectors and share holding of the company- CA certified.<\/p>\n\n\n\n 3)\nBusiness\/company profile on the letter head of the company.<\/p>\n\n\n\n 4) Business proof\n\u2013 GST registration, Ghumastha or Copy of Aadhar Udoyg.<\/p>\n\n\n\n 5) Copy of\ncontract letter- if any.<\/p>\n\n\n\n 6) If applicant\nDirector is: a) Chartered Account (CA) \u2013 Copy of COP & passing certificate.<\/p>\n\n\n\n b) Doctor \u2013 Copy of Degree Certificate.<\/p>\n\n\n\n 7) Details of all\nexisting loan along with the sanction letters (for calculating loan obligation)\nof the applicant-director. <\/p>\n\n\n\n 8) Details of all\nexisting loan along with the sanction letters (for calculating loan obligation)\nof the company. <\/p>\n\n\n\n 9) Processing\nfees cheque in favour of bank\/NBFC.<\/p>\n\n\n\n 11) Bank form\nduly signed by applicant (director) and co-applicant\/directors\/company.<\/p>\n\n\n\n 12) Any other\ndocuments as required by the credit manager.<\/p>\n\n\n\n For APF Projects-<\/strong> APF means where the builder project\nis approved by bank & NBFC<\/p>\n\n\n\n Documents required\nfor technical \u2013 cost sheet & approved plan copy from builder.<\/p>\n\n\n\n Documents required\nfor legal \u2013 Nill. (Legal is not mandatory in APF projects).<\/p>\n\n\n\n For NON- APF Projects <\/strong>\u2013 Non-APF means\nwhere the builder project is not approved by bank & NBFC. Under such cases both\nlegal and technical of the property is mandatory. <\/p>\n\n\n\n Documents required\nfor technical \u2013 cost sheet & approved plan copy from builder.<\/p>\n\n\n\n Documents required\nfor Legal \u2013 copy of draft agreement from the builder.<\/p>\n\n\n\n On the basis of\ndraft agreement a lawyer makes the property\u2019s legal report. The legal report\nmay demand for additional documents from builder. List of such additional\ndocuments required would be: <\/p>\n\n\n\n 1) Sales\nDeed\/Lease Deed\/Development Agreement of the builder\/society<\/p>\n\n\n\n 2) If a development agreement is executed, power of Attorney from\nLand owner.<\/p>\n\n\n\n 3) Chain of agreements from the previous landowner.<\/p>\n\n\n\n 4) Layout Copy.<\/p>\n\n\n\n 5) Approved Layout and building plans.<\/p>\n\n\n\n 6) Commencement Certificate from Municipal Council\/Corporation.<\/p>\n\n\n\n 7) Completion Certificate.<\/p>\n\n\n\n 8) ULC Certificate for Clearance of land under \u2018Urban Land Ceiling\nAct\u20191976.<\/p>\n\n\n\n 9) N.A permission and Latest N.A tax receipt.<\/p>\n\n\n\n 10) Property Card \/ 7\/12 Extract.<\/p>\n\n\n\n 11) 6D Extract.<\/p>\n\n\n\n 12) 8 A Extract, if applicable.<\/p>\n\n\n\n 13) If the land is within the Survey Limits, collect the City\nSurvey Extract instead of the 7\/12, 6D, 8A.<\/p>\n\n\n\n 14) Title and Search Report.<\/p>\n\n\n\n 15) Copy of bye laws and registration certificate of the society in\ncase the society is a registered cooperative society.<\/p>\n\n\n\n 16) Index 2 issued by the sub registrar.<\/p>\n\n\n\n 17) Copy of Draft sale agreement.<\/p>\n\n\n\n 18) Partnership deed\/MOA\/AOA of the builder \/Developer.<\/p>\n\n\n\n 19) Marketing Brochure \/ highlights of the project.<\/p>\n\n\n\n 20) Copies of Sanction plan with technical request.<\/p>\n\n\n\n 21) Carpet and Saleable area Statement.<\/p>\n\n\n\n 22) Public Notice and its objection if any.<\/p>\n\n\n\n 23) APF application form.<\/p>\n\n\n\n 24) Covering Letter indicating the LOD submitted.<\/p>\n\n\n\n 25) Cancelled cheques. <\/p>\n\n\n\n 26) Construction Schedule.<\/p>\n\n\n\n 27) Payment Schedule.<\/p>\n\n\n\n 28) RERA Certificate.<\/p>\n\n\n\n IF APF Project<\/strong><\/p>\n\n\n\n 1) Original Agreement\nwith index2.<\/p>\n\n\n\n 2) NOC from\nBuilder.<\/p>\n\n\n\n 3) Demand letter\nfrom Builder.<\/p>\n\n\n\n 4) OCR clearance.\n(Own contribution \u2013required bank statement details & Source).<\/p>\n\n\n\n 5) Docket kit\nsign and franking 0.2% of loan amount.<\/p>\n\n\n\n 6) If project is\nfund by the bank- ROC and Lien letter from Builder.<\/p>\n\n\n\n 7) Payment\nreceipt from Builder.<\/p>\n\n\n\n 8) Architecture\nreport from Builder.<\/p>\n\n\n\n 9) Allotment\nletter or Possession letter from Builder.<\/p>\n\n\n\n 10) 7 security\ncheque in favour of Bank.<\/p>\n\n\n\n 11)\nAdministration Fess \u2013clearance by cheque or DD-demand draft.<\/p>\n\n\n\n 12) Facility\nagreement duly franked and signed.<\/p>\n\n\n\n 13) Sanction\nletter copy duly signed.<\/p>\n\n\n\n 14) Cheque or\nDD-demand draft towards Administration Fess. <\/p>\n\n\n\n 15) Any other\ndocuments as per:<\/p>\n\n\n\n a) Credit Manager\u2019s requirement.<\/p>\n\n\n\n b) Sanction condition on sanction\nletter.<\/p>\n\n\n\n 16) If applicant partner owns < than 51% stake in the company:<\/p>\n\n\n\n a) All partners\n& partnership firm to be co-applicant in loan. <\/p>\n\n\n\n b) Financials of\nall partners & partnership firm.<\/p>\n\n\n\n If Non-APF\nProject<\/strong><\/p>\n\n\n\n All documents mentioned above in the APF project checklist along\nwith the following two documents:<\/p>\n\n\n\n 1) Title search Report.<\/p>\n\n\n\n 2) Any other\ndocuments as per property legal report.<\/p>\n\n\n\n Note: 1) All documents have to self -attested by\nrespective, applicants & Co-applicants.<\/p>\n\n\n\n 2) All property owners have to be on\nthe loan structure.<\/p>\n\n\n\n If you are looking for housing loan guidance for your property\npurchase in Mumbai, visit Loanfasttrack on <\/strong>https:\/\/www.loanfasttrack.com\/<\/strong><\/a>.\nLoanfasttrack provides you hassle free services at your doorsteps with\ncomparative evaluations of more than 13+ top banks, with no additional cost.\nYou can also contact us on 9321020476 or\nemail on <\/strong>info@loanfasttrack.com<\/strong><\/a>. <\/strong><\/p>\n\n\n\n About Loanfasttrack<\/a>–\nLoanfasttrack is a Mumbai based loan provider company since 2015 offering loan services in Mumbai on– housing loan in Mumbai, mortgage loan in Mumbai, personal loan in Mumbai<\/a>, business Loan<\/a>, unsecured business loans<\/a>, home loan transfer<\/a>,\ntop-up loans, car loans<\/a>,\neducational loans and loan transfers.<\/p>\n\n\n\n It also helps you:<\/p>\n\n\n\n \u221a <\/strong>To\nfind the best bank for home loan<\/a><\/p>\n\n\n\n \u221a <\/strong>To\nget lowest home loan rates in\nMumbai<\/a><\/p>\n\n\n\n \u221a <\/strong>To\nget an instant loan in Mumbai<\/a><\/p>\n\n\n\n \u221a <\/strong>To\nget instant personal loan in Mumbai\n& business loan in Mumbai<\/a><\/p>\n\n\n\n \u221a<\/strong> To\nmake you qualify for the maximum loan against property\neligibility<\/a><\/p>\n\n\n\n \u221a <\/strong>To\nget a low cost home loan balance\ntransfer<\/a><\/p>\n\n\n\nII) Checklist For Legal &Technical\nDocument <\/strong><\/h4>\n\n\n\n
III) Checklist\nFor Disbursement Process<\/strong><\/h4>\n\n\n\n