A complete\ndocument checklist till disbursement of NRP \/ Commercial loan is givens below: <\/p>\n\n\n\n
Sanction List Of Documents<\/strong><\/p>\n\n\n\n KYC<\/strong><\/p>\n\n\n\n 1) Applicant and\nco applicant pan card copy. <\/p>\n\n\n\n 2) Applicant and\nco-applicant latest passport size colour photograph. <\/p>\n\n\n\n 3) Residence\nproof \u2013 copy of aadhaar and electricity bill.<\/p>\n\n\n\n 4) Bank form duly\nsigned by applicant & co-applicant.<\/p>\n\n\n\n Financial Documents<\/strong><\/p>\n\n\n\n 1) 3 years latest\nfinancials of the applicant with Saral Copy, Balance Sheet, P&L account,\nCapital Account – CA certified with membership no.<\/p>\n\n\n\n 2) Latest 12\nmonths bank account statement of the current account.<\/p>\n\n\n\n 3) Latest 12\nmonths bank account statement of all savings account.<\/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) For rental\nincome receivable- if any:<\/p>\n\n\n\n a) Copy of\nregistered rental agreement.<\/p>\n\n\n\n b) Latest 1 year\nbank account statement reflecting the rental credit.<\/p>\n\n\n\n 7) Debtors &\nCreditors statement aging for 1 year-CA certified.<\/p>\n\n\n\n Other Documents<\/strong><\/p>\n\n\n\n 1) Business\nprofile on the letter head of the company.<\/p>\n\n\n\n 2) Business proof\n\u2013 GST registration, Ghumastha or Copy of AAdhar Udoyg.<\/p>\n\n\n\n 3) Copy of\ncontract letter if received any contracts.<\/p>\n\n\n\n 4) If proprietor\nprofile is:<\/p>\n\n\n\n a) Chartered Account (CA) \u2013 Copy of\nCOP & passing certificate.<\/p>\n\n\n\n b) Doctor \u2013 Copy of Degree\nCertificate.<\/p>\n\n\n\n 9) Details of all\nexisting loan along with the sanction letters (for calculating loan\nobligation). <\/p>\n\n\n\n 10) Processing\nfees cheque in favour of bank\/NBFC.<\/p>\n\n\n\n Documents For Conducting Legal & Technical\nProcess (Of The Property)<\/strong><\/p>\n\n\n\n If APF-<\/strong> If the project is approved by bank\n& NBFC, only technical of the property is done & legal is not\nmandatory. <\/p>\n\n\n\n Documents\nrequired for technical process\u2013 cost sheet & approved plan copy from\nbuilder.<\/p>\n\n\n\n Document required\nfor legal \u2013 Nill.<\/p>\n\n\n\n If NON- APF<\/strong>– If the project is not approved by\nbank & NBFC, both legal and technical of the property is mandatory. <\/p>\n\n\n\n Documents\nrequired for technical \u2013 cost sheet & approved plan copy from builder.<\/p>\n\n\n\n Document required\nfor Legal \u2013 copy of draft agreement from the builder.<\/p>\n\n\n\n On the basis of\ndraft agreement a lawyer\u2019s opinion is taken on non-APF project and a legal\nreport for the property is generated by the lawyer, wherein he might demand\nadditional copies of few documents from the builder. Such lists of copies demand\nare: <\/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 Disbursement List of Documents<\/strong><\/p>\n\n\n\n IF APF Project<\/strong><\/p>\n\n\n\n 1) Original\nAgreement with 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 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 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 transfer<\/a><\/p>\n\n\n\n