For the self-\nemployed in a Private ltd. Company, the list of documents required for home\nloan balance transfer is as follows:-<\/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 income, Balance Sheet, P&L account,\nCapital 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) Business\/company\nprofile 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 Director is: 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) Transfer\nDocuments:<\/p>\n\n\n\n a) LOD (list of documents) from the\nexisting loan bank.<\/p>\n\n\n\n b) 12\/18 months repayment track\nrecords.<\/p>\n\n\n\n c) Outstanding letter copy from the\nexisting loan bank.<\/p>\n\n\n\n 10) 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 1) Copy of Prior\nchain of agreements.<\/p>\n\n\n\n 2) Copy of Index\n2.<\/p>\n\n\n\n 3) Copy of latest\nmonth property tax receipt.<\/p>\n\n\n\n 4) OC\/CC +\napproved Plan copy.<\/p>\n\n\n\n 5) Copy of Share\ncertificate.<\/p>\n\n\n\n 6) Copy of\nsociety registration. <\/p>\n\n\n\n 7) LOD copy.<\/p>\n\n\n\n 1) Original prior\nchain of agreement with stamp duty & registration duly paid & along\nwith the copy of index 2.<\/p>\n\n\n\n 2) Copy of\nOccupation Certificate.<\/p>\n\n\n\n 3) Original share\ncertificate \u2013front and back- If Issued.<\/p>\n\n\n\n 4) Latest Property\ntax receipt copy.<\/p>\n\n\n\n 5)\nCopy of Society registration certificate.<\/p>\n\n\n\n 6) NOC from\nBuilder.<\/p>\n\n\n\n 7) NOC from\nsociety with chairmen and secretary signature. <\/p>\n\n\n\n 8)\nOriginal copy of LOD & Outstanding letter.<\/p>\n\n\n\n 9) For CIDCO\/MHADA\nProperty:<\/p>\n\n\n\n a) Copy of conveyance deed &\nOriginal NOC & transfer letter from CIDICO\/ MHADA if conveyance deed is executed.<\/p>\n\n\n\n b) Copy of tri-party agreement &\nlease agreement – if conveyance deed is not executed. <\/p>\n\n\n\n 10) Any other\ndocuments as per:<\/p>\n\n\n\n a) Credit Manager\u2019s requirement.<\/p>\n\n\n\n b) Property Legal report.<\/p>\n\n\n\n c) Sanction condition on sanction\nletter.<\/p>\n\n\n\n 11) Docket kit\nduly franked and signed by all applicants.<\/p>\n\n\n\n 12) Facility\nagreement duly franked and signed by all applicants.<\/p>\n\n\n\n 13)\nAdministration Fess \u2013clearance by cheque or DD-demand draft.<\/p>\n\n\n\n 14) 7- Security\ncheque in favour of Bank.<\/p>\n\n\n\n 15) Copy of BT\ndraft agreement duly franked and notarized and signed by all applicants.<\/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 In Private Ltd.\nCompany, a Director with less than 51% of his stake in the company has to\nmandatorily include all Directors & the company as a co-applicant on the\nloan application. Hence it is mandatory to obtain the financials of all Directors\nand company (Pvt. Ltd. Co.) for balance transferring his home loan.<\/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\n
a) Chartered Account (CA) \u2013 Copy of COP & passing certificate.<\/p>\n\n\n\nChecklist for Legal &Technical Process of\nthe property<\/strong><\/h4>\n\n\n\n
Checklist for Disbursement Process<\/strong><\/h4>\n\n\n\n