IDBI BANK LTD

/ ADMINISTRATION DEPARTMENT
/ Housing Loan Section

_______________________

_____________________
0

I.

APPLICATION FOR HOUSING LOAN OF

Rs
____________________________________FOR
CONVERSION OF COMMERCIAL LOAN
AVAILED
FROM_
________________________________________ TO
STAFF HOUSING LOAN

Particulars of employee

1.1

Name of the employee in full

1.2

/ Employee Code

1.3

/ Designation

1.4

/ ./ .

Department/ Branch to which attached (with

PAX No./Tel No. & Sol Id)

1.5

e-mail id of the employee

1.6

/ Date of Birth

1.7

Date of first appointment in continuous service

1.8

/Date of Confirmation

1.9

/ Date of Retirement (60

Years)

1.10 /
Aggregate salary as per last month's pay slip
( )
1.11 / ,
/

:
:

Name of the Branch Head with designation ,

employee code

1.12

e-mail id of the Branch Head

II

Particulars of past staff housing loan assistance other than the one applied for conversion :

2.1

?
Has the applicant in the past availed himself of
any individual staff housing loan from the Bank.

: / .
Yes/No. If yes, please give following details:
a) /

Details of house / plot of land acquired and

date of acquisition.
Address of the property..

c)
Cost and Means of Finance Rs.
Cost :

Means of Finance

Staff Housing Loan

/ :
PF advance/withdrawal

Commercial Loan

Society Loan

: Personal savings

/Others

Total

..

2.2

2.3

/ Loans outstanding :

a) / Amt Sanctioned

b) / Amt. disbursed

c) / Amt. outstanding

/ -

Loans repaid / pre-paid fully:

a) / Amt.Sanctioned

b) / Amt. Disbursed

c) / Repaid On

: Date

Principal

-----------

3.1

Conversion of Commercial Home Loan to Staff Housing Loan :

a) (i) / .0

Name and address of the Bank/FI from
where the commercial loan was availed
(ii)

Amount

Interest

------------

Date of sanction of commercial loan

(iii)
Amt sanctioned
(iv)
Amt disbursed
(v)
Amt outstanding

b) / Exact location of the

property

d) / Area of the plot/flat/house

(in sq.ft.)

e)

Means of Finance

Cost of acquisition and Means of finance

Cost :

0 Rs.

i)

Cost of Plot

ii)

Stamp duty

iii)

Registration

Staff Housing Loan

Commercial Loan:

/ :
PF advance/withdrawal

 Total

Personal savings

Society Loan
/Others

/ Total ..

..
IV

/ Miscellaneous information:
(Mandatory)

4.1

If house/ flat is under construction, request

for moratorium

4.2

/ Amt. that can be allotted towards
repayment of loan *

4.3

/

Date and amount of advance / Withdrawal
availed earlier from PF for housing purpose

4.4

Yes, please consider moratorium/ No

Documents submitted with this application

Please indicate Yes/ No in

the appropriate list at Annexure

* /
Bank reserves the right to deduct a higher amount in case circumstances so warrant.

 D E C L A R A T I O N

/ I hereby declare that :-

(a)

, 1996 , |
In case the loan is sanctioned, I shall agree to be bound by the Industrial Development Bank
of India Employees' Housing Loans Rules, 1996 and the amendments thereto, if any.

(b)
/ / /
, , ,

/ / /
:-
The site/house/flat to be constructive/acquired with the help of the loan availed of from the
Bank will not be utilised as a source of income of profit except to such extent and for such
period as the Bank may permit and that my other resources together with the amount of the
loan applied for as detailed in the application, will be sufficient to complete the
construction/acquisition of the proposed site/house/flat or for the amenities to be provided for
the present accommodation.

(c)

.
I hereby further declare that all the facts and figures mentioned in this application for loan are
true and correct to the best of my knowledge.

/ Place :

Signature of applicant employee

/ Date :

 / /
Application to be forwarded through the Branch Head / Regional Head / Cluster Head/ Supervisor

IDBI Bank Ltd._______________________ Branch/ Department

/ /
__________________

__________

0 ______________
.
.
/ .
The applicant Shri/Smt/Ku _______________________________is working at __________________Branch/ Department.
He/She has submitted the application for housing loan of Rs.___________________for the purpose
of__________________________________ I hereby confirm that the applicant has submitted all the necessary documents and
the loan proposal is complete in all respect. I forward the same for the consideration of APD Housing Loan Section.

Signature:
( / / Regional Head /Cluster Head/Branch Head/ Supervisor)
Name:
Designation:
Emp.Code :

 A N N E X U R E - I

(.0/)

Documents to be submitted by an employee for conversion of loan if the loan was availed from other
(FI/Bank) purchase of plot of land

Documents

Sr.No.
Please tick on
Yes/No
1.

Copy

Yes/ No

Copy

Yes/ No

( )
HRD permission letter approving means of finance for
acquiring the plot. (for Officers only)
2.

Agreement for sale between seller and buyer

3.

Sale deeds if available

Copy

Yes/ No

4.

Mutation entry certificate of present holder

Copy

Yes/ No

5.

Copy

Yes/ No

Lay out plan of the plot of

Copy

Yes/ No

7.

+ 7 12
Advocate's search report as per Bank's
format + copy of 7 & 12 extracts

Original

Yes/ No

8.

Original

Yes/ No

Receipts for taxes paid to local authorities in r/o the

plot
6.

land

No Litigation certificate from advocate

9.

/ .. NOC from the

respective Bank/FI

Original

Yes/ No

10.

Latest Foreclosure

Original

Yes/ No

Original

Yes/ No

Statement
11.

/ .. ( /
.. )
List of Original documents in the custody of the
Bank/FI (Should be issued by the Bank/FI)

12.

Latest Salary slip

Copy

Yes/ No

A N N E X U R E - II

Documents to be submitted by an employee for conversion of commercial loan on purchase of flat from a
Builder in a private society to be formed

Documents

Sr.No.
Please tick on
Yes/No
1.

Copy

Yes/ No

Copy

Yes/ No

( )

HRD permission letter approving means of finance for

acquiring the flat. (for Officers only)
2.

Sale Agreement between Builder and employee

registered with Govt. Registry.
3.

Agreement by the Vendor

and the Builder.

Copy

Yes/ No

4.

( ) Power or attorney (if

necessary)

Copy

Yes/ No

5.

Partnership deed of the Builder

(if necessary)

Copy

Yes/ No

6.

' '
Letter from Builder in Form 'E' that the Builder has no
objection for mortgage.

7.

/ /
Receipts for taxes paid to local authorities
in r/o the plot/house/flat.

Original

Yes/ No

Yes/ No
Copy

8.

13
Advocate's search report as per the
Bank's format, on the title in question, for last 13 years.

Original

Yes/ No

9.

No Litigation
Certificate from Advocate.

Original

10.

7 12 ,
Extracts of 7 & 12, non-encumbrance
certificates.

Copy

Yes/ No

11.

/
Copy
Permission of Municipal Corporation/concerned authorities
N.A. permission for the construction.

Yes/ No

12.

, Copy

Commencement Certificate and I.O.D., certified copy of
the approved plan of the Building by the Municipality or
any Government authority.

Yes/ No

13.

Bye-laws of the Society.

Copy

Yes/ No

15.

:
Original share certificate to be submitted to the Bank at a
later date.

Copy

Yes/ No

16.

Latest Salary slip

Copy

Yes/ No

Yes/ No

17.

/ .. NOC from the respective

Bank/FI

18.

Latest Foreclosure Statement Original

Yes/ No

19.

/ .. ( /

Yes/ No

Original

Original

Yes/ No

.. )
List of Original documents in the custody of the Bank/FI
(Should be issued by the Bank/FI)

Note:- / . If
the flat is a resale one from a Society/Apartments, then the following additional documents are also to be
submitted to the Bank.

Documents

Sr.No.

.
Please tick
on Yes/No

1.

/
Valuation certificate from Chartered valuer /Architect or
Government

2.

, :
(, )
If the resale flat is in a Society, the sale agreement
should be as Tripartite Agreement (i.e. Employee, Seller &
society as Confirming Party)

Yes/
Original No

Copy

Yes/
No

3.

. Letter from the Society to the Bank in Form 'C' stating
that the flat will be mortgaged to the Bank.

Original Yes/
No

( Original Yes/
) Advocate's report on title to the flat (i.e. from the date
No
of construction of the Building till date).

NOC
from the Society for employee to become a new member

Original Yes/
No
Yes/
No

Share Certificate to be transferred in the name of the employee. Original

( to be submitted to bank at later
date)

- .
CARE ADDITIONAL PARTICULARS/DOCUMENTS WILL BE REQUIRED BASED ON THE OBSERVATIONS OF LEGAL
DEPARTMENT.

A N N E X U R E - III

Documents to be submitted by an employee for Conversion of Commercial Home Loan availed from IDBI
Bank Ltd.

Documents

Sr.No.
Please tick on
Yes/No

1.

( )

Copy

/ Yes/No

HRD permission letter for Conversion of

Commercial Loan to Staff Housing Loan. (for
Officers only)
2.

Foreclosure Statement

3.

Latest Salary Slip.

Original
Copy

/ Yes/No
/ Yes/No

- .
CARE : ADDITIONAL PARTICULARS/DOCUMENTS WILL BE REQUIRED BASED ON THE OBSERVATIONS OF LEGAL
DEPARTMENT.

NOTE: ALL THE EMPLOYEES APPLYING FOR SATFF HOUSING LOAN MAY ARRANGE TO FORWARD ALL THERE
PREVIOUSLY AVAILED STAFF HOUSING LOAN FILES INCLUSIVE OF OFFICIAL PAPERS, NOTES,
COMMUNICATIONS REGARDING SANCTION AND DISBURSEMENT AND NECESSARY DETAILS TO
ADMINISTRATION DEPARTMENT, HEAD OFFICE.