{"id":302,"date":"2020-06-18T16:39:22","date_gmt":"2020-06-18T16:39:22","guid":{"rendered":"https:\/\/www.loanfasttrack.com\/blog\/?p=302"},"modified":"2020-06-18T16:39:22","modified_gmt":"2020-06-18T16:39:22","slug":"home-loan-list-of-documents-for-self-employed-partnership-firm-resale-case","status":"publish","type":"post","link":"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-partnership-firm-resale-case\/","title":{"rendered":"Home Loan List Of Documents For Self-Employed- Partnership Firm-Resale Case"},"content":{"rendered":"\n

I) List Of\nDocuments Required For Loan Sanction Process<\/strong><\/h4>\n\n\n\n

KYC<\/strong><\/p>\n\n\n\n

1) Pan card copy\nof all partners.<\/p>\n\n\n\n

2) Company pan\ncard copy along with stamp & director signature.<\/p>\n\n\n\n

3) Residence\nproof- copy of passport\/electricity bill & Aadhaar card copy.<\/p>\n\n\n\n

4) Office proof \u2013\ncopy of electricity bill\/telephone bill.<\/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 applicant\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 partners\nincluding saral copy, computation of income, Balance Sheet, P&L account,\nCapital Account.<\/p>\n\n\n\n

            c) Tax Audit Report (Form 3CB &\n3CD) (42 Points).<\/p>\n\n\n\n

            d) 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 partners.<\/p>\n\n\n\n

3) All current\naccount statements of the partnership firm updated for a latest of 18 months.<\/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 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) True certified\ncopy of partnership deed.<\/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 applicant partner 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

5) Details of all\nexisting loan along with the sanction letters (for calculating loan obligation)\nof the applicant. <\/p>\n\n\n\n

6) Details of all\nexisting loan along with the sanction letters (for calculating loan obligation)\nof the partnership firm. <\/p>\n\n\n\n

7) Processing\nfees cheque in favour of bank\/NBFC.<\/p>\n\n\n\n

8) Bank form duly\nsigned by applicant and co-applicant\/partner\/company.<\/p>\n\n\n\n

II) List of Documents Required For Property\nLegal &Technical <\/strong><\/h4>\n\n\n\n

1) Copy of Prior\nchains of agreement.<\/p>\n\n\n\n

2) Draft\nagreement copy.<\/p>\n\n\n\n

3) Copy of Index\n2.<\/p>\n\n\n\n

4) OC-Occupancy\ncertificate\/CC (completion certificate) + approved Plan copy of the project.<\/p>\n\n\n\n

5) Latest copy of\nproperty maintenance bill.              \n                     \n  <\/p>\n\n\n\n

6) Latest\nProperty Tax receipt.<\/p>\n\n\n\n

7) Copy of Share\ncertificate.<\/p>\n\n\n\n

8) Copy of\nsociety registration certificate. <\/p>\n\n\n\n

 III)\nList of Documents Required For Disbursement Process<\/strong><\/h4>\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) Occupation\nCertificate copy.<\/p>\n\n\n\n

3) Original share\ncertificate (If Issued).<\/p>\n\n\n\n

4) Latest\nProperty tax receipt.<\/p>\n\n\n\n

5)\nSociety registration copy.<\/p>\n\n\n\n

6) Docket kit\nduly franked and signed by all applicants.<\/p>\n\n\n\n

7) NOC from\nBuilder & NOC from society with chairmen and secretary signature. <\/p>\n\n\n\n

8)\nFor CIDCO\/MHADA Property:<\/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

9) Seller Details\n& Documentation \u2013 <\/p>\n\n\n\n

            a) Seller\u2019s self-attested pan card\ncopy.<\/p>\n\n\n\n

            b) Seller\u2019s self-attested aadhaar\ncard copy. <\/p>\n\n\n\n

            c) 3 months bank account statement.<\/p>\n\n\n\n

            d)\nBank\u2019s Seller Verification format duly signed. <\/p>\n\n\n\n

10) For Seller BT \u2013 (Seller BT- property purchase\nfrom seller who is having existing loan on the same property). <\/p>\n\n\n\n

            a) Seller BT KIT duly franked &\nsigned by the borrower.       <\/p>\n\n\n\n

            b) Copy of Original LOD (list of\ndocument) & foreclosure letter is mandatory.<\/p>\n\n\n\n

11) OCR\nclearance. (Own contribution \u2013requires bank statement details & OCR Source confirmation\nvia Email).<\/p>\n\n\n\n

12) 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

13) 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

14) Resale\naffidavit agreement to be notarized and signed by all applicants.<\/p>\n\n\n\n

15) Facility\nagreement duly franked and signed by all applicants.<\/p>\n\n\n\n

 16) Administration Fess \u2013clearance by cheque\nor DD-demand draft.<\/p>\n\n\n\n

17) 7- Security\ncheque in favour of Bank.<\/p>\n\n\n\n

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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

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\u221a <\/strong>To\nget instant personal loan in Mumbai\n& business loan in Mumbai<\/a><\/p>\n\n\n\n

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\u221a<\/strong> To\nget assured low interest rates for loan against property in\nMumbai<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I) List Of Documents Required For Loan Sanction Process KYC 1) Pan card copy of all partners. 2) Company pan card copy along with stamp & director signature. 3) Residence proof- copy of passport\/electricity bill & Aadhaar card copy. 4) Office proof \u2013 copy of electricity bill\/telephone bill. Financial Documents 1) CA certified copies with …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-302","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/comments?post=302"}],"version-history":[{"count":1,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/302\/revisions"}],"predecessor-version":[{"id":303,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/302\/revisions\/303"}],"wp:attachment":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/media?parent=302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/categories?post=302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/tags?post=302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}