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Home Loans - Checklist

1. You should keep sufficient balance in your Savings Bank Accountwith SBI to meet:

a !oan "rocessing fees #$.%&' of the loan amount

minimum (s.1)$$$*+ for loan up to (s.%&.$$ lacs)(s.,)&$$*+ for loans above (s.%&.$$ lacs up to (s.-&.$$lacs and (s.1$)$$$*+ for loans above (s.-&.$$ lacs)

b Stamp charges for the documents #approimately(s.%)$$$*+)

c Stamp charges for the mortgage #$.1' of the loanamount)

d (egistration charges for the e/uitable mortgage #$.1'of the loan amount. 0his is applicable for loans of(s.%&.$$ lacs and above

%. You will bring postage stamp worth (s.%&*+ #preferably in higherdenominations) %$& or 1$1$&

2. You will bring the following documents while coming fordocumentation:

Where the loan is for construction of the house by thecustomer himself

All the original papers*documents of title to the property as

suggested in the 0itle Investigation (eport of the Advocate areto be brought for creation of mortgage along with the up-to-date encumbrance certificateand latest property ta paidreceipt.

3hatha 4ertificate *5tract.

6. (epayment will be only through 54S mandate from your salaryaccount. If you are maintaining your salary account with SBI) youmay give a Standing Instruction #SI in lieu of 54S. Your loan

account number and the 57I details will be advised to you at thetime of documentation.

&. If you have opted for payment of pre+57I interest instead of the57I amount during the moratorium period) please furnish atentative drawal plan) date wise) so as to enable us to assess theapproimate interest amount to be paid by you. "lease note thatthis payment should be made by means of 54S*SI from yoursalary account.

,. If you have been sanctioned the loan under the 7a+gain facility)

please note that the facility will be available only after all the

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formalities of creation of mortgage of the property arecompleted.

-. 0he rate of interest for your loan is on floating rate basis linked toBank8s Base (ate) which means that the interest rate will

undergo change with revision in the Base (ate.

9. It is strongly recommended and advised that the cover of grouplife insurance policy should be taken so that in case of anyunforeseen eventuality) the burden of closing the loan accountdoes not fall on the legal heirs. 0he premium amount can also besanctioned as a loan at the same rate of interest and the sametenure as the home loan. 0he premium is collected in five e/ualyearly instalments. A representative of SBI !ife Insurance isavailable in our premises to take care of all related issues. Incase you have opted for this at the time of submitting the loanapplication or in case you have not already opted but are nowinterested to take a cover) please bring copies of the proof ofdate of birth as well as copies of Income 0a returns for the pasttwo years.

. SBI card is made available to you #if you desire as a preferredcustomer free of cost for the first year. SBI card representative isavailable at (A4"4 for your assistance.

(egards