APGVB, RASMECCC

CONTROL REPORT:
i)LOAN AMOUNT Rs.
(ii) DATE OF SANCTION : SHRI/SMT./KUM.
AND
SHRI/SMT./KUM.
I
advise
having
sanctioned
a
Home
Loan
of
Rs..
(Rupees.only) to the above
borrower (s) under General Purpose Mortgage Loan (OD/TL)/Housing Loan
scheme, as per details furnished below :
(Rs. in lacs)
Name of the Borrower(s)
1.Shri/Smt./Kum(Age :. Yrs.)
(Net Worth Rs.
l)
2.Shri/Smt.Kum (Age:. Yrs)
(Net Worth Rs. )
Occupation/Profession/Activity 1.
2.
Name of the Guarantor (if Shri/Smt.Kum (Age:. Yrs)
applicable)
(Net Worth Rs. )
Purchase/construction of
Purpose (tick whichever is
(i)
new
applicable)
house/flat
Purchase
an existing house/flat
(ii) of
(age of house/flat : years)
(iii) Repairs/renovations of an existing
house/flat
,
Extension of existing
(iv) house
Purchase of a plot of land
(v) for
construction of house
(vi) Purchase of furnishings/consumer
durables as part of project
cost
(vii) Take-over of Home Loan from
Details of property proposed
to
Land
admeasuring.in
Sy.No.
constructe
be purchased/ d
/ at.(location of property)
taken-over(relevant
particulars
Building No..at.(address of
to be filled in)
the
building) admeasuring ..sq.ft (single/multi
storeyed)

Project Cost

Flat No..at (address of flat)

including
undivided share of land(area of undivided
share of land)
Cost of
land
: Rs.
Cost of construction : Rs.

:
Rs.

Cost of purchase
Stamp duty &
registration
expenses.
: Rs.
Pre-EMI
capitalization
: Rs.
Present o/s (in case of take
over)
Total
: Rs.
Margin
Rs.
( . %)
Upfront premium,
if any, Rs.
payable to SBI Insurance for
Pre-EMI interest proposed to
be
capitalized, if any
Rs.
Maximum eligibility based on Rs.
project
cost
Net
Monthly
Income/Net
Annual Income (Source to
be
mentioned i.e. Salary
Certificate
for ..(month)/ I.T.Return
for
Ass.
Yr:
Proof of other income etc.
Maximum eligibility based on
incom
e
Amount of Loan
Pre-sanction
inspection

Disbursement
(tick
portion)

th
e relevant

Rs.
(source : )
2.
Rs.
(source :)
Total Rs.
Rs.

(.times of NMI)

Rs.
By Branch Manager
on.and entry made in Inspection
Register.
a) Direct to builder in lump sum/in
stages by issue of Account Payee
Banker
s
cheque favouring. the
duly
builder, incorporating
account
no. and name of banker of the
builder, directly/will be directly
dispatched to the builder by

registered/speed post.( in case

of
purchase/construction of flats)
Credit of loan proceeds to the
b)
SB/CA
account in stages based on actual
progress in construction,
submission
the
of certificate from
Engineer,
receipts etc.
Rate of interest
above Base Rate i.e. .% p.a.(fixed or/and
floating) at monthly rests
Repayment (delete whichever
(actual amount)
is
InEMIs of Rs.
each
not applicable)
commencing
one
month
after
disbursement/.months after first
disbursement

Insurance

Insured/will be insured on completion of

construction of house/flat. against risk of fire,
riot,
earthquakes, lightning, floods etc. for the full
market value of the property or limit
sanctioned,
whichever is higher, in the joint names of the
borrower and the Bank
Confirmation
regarding Adhered to
adherence to KYC norms
Credit rating and present
position
of existing accounts, if any
(i.e.
purpose, facility, date of
sanction, limit, DP, o/s and
irregularity)
We note to obtain and keep on record the original receipts from the
builders/suppliers/contractor in respect of payments made to them. We
note to disburse installments only after obtaining Engineers certificate
regarding stage-wise progress of construction based on site inspection.
Submitted for control, please.
Yours faithfully,
Manager/Senior Manager
RASMECCC,
Visakhapatnam