SECURITY

Property inspection report by Manager F 337

Legal opinion of the property Given by Bank Panel Advocate Verify point No. 24 & 25 available
Valuation report of the property - Given by Bank Panel
Valuer/Engineer - FSV value to be taken
Equitable Mortgage/Title deeds to be created before release of
loan ( F 379 )
Registered Memorandum to be done
BPEC to be obtained
CERSAI formalities to be completed
Insurance for the property (if Building/Factory/Shed/House) to be
done

NON-SECURITY - COVER UNDER

CGTMSE
CGTMSE application to Regional Office after release of loan
(Retail Trading are not covered under CGTMSE)
Get on line number with CGTMSE premium amount from Regional
Office
Premium by debiting the loan account and issue DD on CGTMSE
payable at Mumbai, but the DD to be sent to Regional Office

PENSION LOANS
Application/Letter of undertaking/borrower/family members/ 1,
2, 3
If LTI borrower, obtain copy of photo
Copy of pension payment/order/pension slip
Loan eligible amount / Repayment period :
65 (OR) above 65

as per AGE below

Office Note/sanction letter

Second line Certificate

F 568
DPN with Base Rate
CAL B
F 378
F 111 if need be loan amount is more than Rs.1,00,000

CLEAN LOANS
Proper application / photo / signature of the borrower
Income proof/salary certificate for the borrower
Guarantors statement with Photo of guarantors F 349
Income proof/salary certificate of guarantors
CIBIL report
F 347 Assets and Liabilities statement
Undertaking letter from the employer for repayment of loan
Office Note/sanction letter

Second Line certificate

F 568
DPN with base rate clause
CAL B
F 378
F 111 from guarantors

VIDYA JOTHI EDUCATION LOAN

Proper application with Photo/Signature of student and parent
K Y C : Ration card/Voter card/Pan card of parent
Identify card for the student
Income proof of the parent
Affidavit from Notary public/self declaration/residential certificate
Letter of undertaking by both student and parent
10th mark statement/ plus two mark statement/other degree mark
statement
Bonafied certificate with fee structure from the college
authorities
Office Note/sanction letter

Second line certificate

F 568
DPN with Base Rate clause
CAL B
F 378
F 111 if need be
SECURITIES as per procedure if necessary

Good health certificate for student/parent

Letter of Assignment of Salary (in duplicate)
Ratification letter, if student is minor as on date of loan
sanction/release (loan documents are signed only by parent)
Cover under Vidya suraksha insurance scheme is compulsory

Bills/Copy of mark statements

release of next year eligibility

to be obtained every year before

S H G LOANS
Proper application SHG I to VI completely filled
(Some recommended by local authorities like BDO, Town
Panchayat etc. with subsidy)
Account maintenance with a minimum period of 6 months
Group request letter for sanction of loan
Individual K Y C of the group members
Group photo of the SHG / OR / individual photo of members
Office note/sanction letter

Second line certificate

F 568
DPN with base rate clause
CAL B
F 378

Resolution from the group members for availing the loan

Rating sheet from the NGO
Insurance cover for the group members under SHG group
insurance scheme
Post sanction report

PUSPAKA LOAN
Application / Photo of borrower / Signature
Quotation for the vehicle to be proposed to buy
Copy of IT returns / Balance sheet for the last 3 years
F 347 Assets and Liabilities statement/ F 349 in case of Guarantor
with photo
Copy of driving licence/copy of permit in the case of vehicle used
as public vehicle
CIBIL report verification
Income proof/salary certificate
Letter of undertaking from the employer for recovery of
employment if employed
Office note/sanction letter

Second line certificate

F 568
DPN with Base Rate Clause
PL 7
F 378
F 111 if need be

F 29 and F 30 (RTO forms) to be obtained in duplicate

Bills to be obtained after purchase
Copy of RC book/insurance to be obtained
Post dated cheques - if necessary

Post sanction report

HOME LOAN (OTHERS)

Pre sanction report by Manager/Advance officer F 337
Proper application / photo of the borrower / signature
IT return /Balance sheet for the past 3 years
F 347 / F 349 in case of guarantor with photo of guarantor
Salary certificate/income proof
CIBIL report
Estimate for construction/purchase of house from approved
valuer
SECURITIES

- as per procedure

Office Note/sanction letter

Second line certificate

F 568
DPN with Base Rate Clause
F 378
HL 2
F 111 - if need be

Loan to be released in stages/inspection certificate for every

stage
Completion certificate by the borrower
Final post sanction report
Insurance for the property/house after completion

Property tax paid receipt to be obtained after completion and tax

paid

SMALL LOANS / TERM LOANS

Pre sanction report
Proper application / Photo / signature of borrower
Quotation for the proposed purchases
CIBIL report
No due certificate

from local Bank/s

F 347 / F 349 in case of guarantor with photo of guarantor

SECURITIES as per procedure / OR / CGTMSE cover - as per
procedure
Office Note/Sanction letter

Second Line certificate

F 568
DPN with Base Rate Clause
F 378
F 407 (in case of term loan F 110 A for open advance, F 110 C
for Term Loan agreement,
F 110 B for Machinery purchase, in
case of Vehicle PL 7 to be obtained)
F 111 if need be

Bills to be obtained
Post sanction report
Insurance for the assets created out of loan to be done

Note:

Small loans - repayment as per EMI Chart

Term Loans repayment as per Monthly instalment of

Principle plus Interest for the particular month

AGRICULTURAL ADVANCES - CROP

LOANS/ K C C
Necessary Agri. Forms from the borrower / photo / signature
F 347 / F 349 in case of guarantor with photo
Pre sanction report
No due certificate from local Bank/s
CHITTA for the land holdings
planted

and ADANGAL

for the crop

SECURITIES - as per procedure (upto Rs.50,000 No

Guarantee/No Security AND
upto Rs.1,00,000 No Security but Guarantee to be obtained)
Office Note/sanction letter

Second line certificate

F 568
DPN with base rate clause
F 16 in case of CC account
F 110 (i)
F 111 in case of guarantor

Insurance to be done : for crop

Post sanction report

AGRICULTURAL ADVANCES TERM

LOANS
Necessary Agri. Forms from the borrower / photo / signature
F 347 / F 349 in case of guarantor with photo
Pre sanction report
No due certificate from local Bank/s
CHITTA for the land holdings
planted

and ADANGAL

for the crop

Detailed quotation for purchase of machineries/activities

SECURITIES - as per procedure
Office Note/sanction letter

Second line certificate

F 568
DPN with base rate clause
F 110(i)
F 378
PL 7 in case of vehicle like Tractor/Power Tiller/Agri. Transport
F 111 in case of guarantor

Insurance to be done : for crop / for machineries purchased

Post sanction report
F 29 and F 30 in duplicate to be obtained in the case of Vehicles
Copy of RC book/Insurance to be obtained in the case of Vehicles
Bills to be obtained in case of term loans as per quotation

SMALL LOANS UNDER

DRI

Proper application for DRI loans / Photo / signature of borrower

Quotation for the proposed purchases
F 347 for the borrower
Copy of residential proof
Income Proof/Certificate - issued by not below the rank of Deputy
Tahsildar
Office Note/Sanction letter

Second Line certificate

F 568
DPN with Base Rate Clause
F 378
F 407

Bills to be obtained
Post sanction report
Insurance for the assets created out of loan to be done

AGRICULTURAL

LOANS

UNDER

DRI

Proper application for DRI loans / Photo / signature of borrower

Quotation for the proposed purchases
F 347 for the borrower
Copy of residential proof
Income Proof/Certificate issued by not below the rank of Deputy
Tahsildar
Office Note/Sanction letter

Second Line certificate

F 568
DPN with Base Rate Clause
F 378
F 110(i)

Bills to be obtained
Post sanction report
Insurance for the assets created out of loan to be done