Firstly the purchaser has to enter into a Registered Agreement of Sale with the builder and pay the requisite margin money
Firstly the purchaser has to enter into a Registered Agreement of Sale with the builder and pay the requisite margin money. Then he has to approach the financial institution and collect the necessary details including application form from them.
On application, copy of registered agreement, registration receipt, receipt of payments made and NOC from Builder have to be handed over to the financial institution.
In case of purchase of a new flat, loan will be disbursed in instalments depending on stage wise progress of work.
ADVERTISEMENT
u00a0Employer's salary certificate in requisite format/and latest salary slip.
>>u00a0Photo Identity.
>>u00a0TDS certificates, ESIC/ PPF certificate.
Requirements for Businessmen/Self-employed
>> 3 years IT returns together with P/L account, etc duly certified by a Chartered Accountant.
"Exciting news! Mid-day is now on WhatsApp Channels 
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
