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DOCUMENTS REQUIRED FOR HOUSE BUILDING LOANS


















CATEGORY : A
FOR PURCHASE OF HOUSE / FLAT FROM AFNHB / AWHO UNDER THE SELF FINANCING SCHEME

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Tripartite Agreement in two Copies (Signed by the Board with Rubber Stamp
HBL/09
10.
Allotment letter in original (Full set)
 
11.
Proof of 5% payment
 
12.
Copy of Govt HBA Sanction Letter (if any) alongwith the second charge permission in favour of AFGIS
 
13.
Form (F) 1517 / 1523 original (Latest)/Pay Slip in case of deputationist also
 
14.
Contingent Bill
HBL/12



CATEGORY : B
FOR PURCHASE OF HOUSE / FLAT FROM CENTRAL/ STATE GOVT HOUSING BOARD/DEVELOPMENT AUTHORITY UNDER SELF FINANCING SCHEME

SL Document/Form No
1.
House Building Application (Page no. 13-17 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Tripartite Agreement in two Copies (Signed by the Board with Rubber Stamp)
HBL/09
10.
Allotment letter in original (Full set)
 
11.
Proof of 5% payment
 
12.
Copy of Govt HBA Sanction Letter (if any) alongwith the second charge permission in favour of AFGIS
 
13.
Form (F) 1517/1523 original (Latest)/Pay Slip in case of deputationist also
 
14.
Contingent Bill
HBL/12

Note: Original copy of possession letter and original Regd. sale deed for value equivalent or more than loan amount is to be forwarded to the society within 6 months of possession of the flat.


CATEGORY : C
FOR PURCHASE OF HOUSE / FLAT FROM PRIVATE BUILDER OR CO-OPERATIVE SOCIETY

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Tripartite Agreement in two Copies (Signed by the Board with Rubber Stamp)
HBL/09
10.
Allotment letter in original (Full set)
 
11.
Proof of 5% payment
 
12.
Copy of Govt HBA Sanction Letter (if any) alongwith the second charge permission in favour of AFGIS
 
13.
Copy of permission from competent authority (State/Central Govt) to the Co Housing Society/Builder to built House/Flat
 
14.
Development agreement between the builder and the land owner in case both are different parties
 
15.
No Objection Certificate to Mortgage the House / Flat in favour of AFGIS from the Co housing Society/Builder in their letter head (specimen as per Annexure I)
 
16.
Non-Encumbrance Certificate from the Co Housing Society/Builder in their letter head (specimen as per Annexure I)
 
17.
Copy of Govt HBA sanction letter (if any) along with second charge permission in favour of AFGIS as per Annexure II
 
18.
Form F 1517/1523 original (latest)/ Pay Slip in case of deputationist also
 
19.
Contingent Bill with bank details of the Co-operative Society / Private Builder
HBL/12

(Kindly note that under the category of Co-opeative Group Housing Society two additional documents ie the original share certificate and Bye laws of Society are to be along with the above mentioned documents)

Note: Regd. sale deed for value equivalent or more than loan amount is to be forwarded to the society within 6 months of possession of the flat. Sale deed for plot & sale agreement for construction will not be treated as sale deed for loan amount.

Note: Loan will be sanctioned on the basis cost of the flat only, ie., parking and other Misc charges will not be included in the basic cost.

Note: Registered builder is builder registered under Co. Act, 1956 or firm of builders with registrar of firms under the Indian partnership Act, 1932. Individual or sole proprietorship firms involved in the business of construction & selling house/flats are not considered as registered builders. .


CATEGORY : D
ON OUTRIGHT PURCHASE/READY BUILT HOUSE

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Registered sale agreement with builder in original
 
10.
Completion Certificate from Municipal Corporation
 
11.
NEC in favour of seller from sub registrar office
 
12.
NOC on builder's letter head (specimen as per Annexure I)
 
13.
Copy of Govt HBA Sanction letter (if any) alongwith second charge permission in favour of AFGIS
 
14.
Form (F) 1517 / 1523 original (latest)
 
15.
Contingent Bill with your bank details
HBL/12

Note: Regd. sale deed for value equivalent or more than loan amount is to be forwarded to the society within 6 months of possession of the flat. Sale deed for plot & sale agreement for construction will not be treated as sale deed for loan amount.

Note: Loan will be sanctioned on the basis cost of the flat only, ie., parking and other Misc charges will not be included in the basic cost. .


CATEGORY : E
FOR PURCHASE OF EXISTING HOUSE / FLAT

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Copy of sale deed / clear title deed in favour of the owner
 
10.
Preliminary valuation by Govt approved valuer
 
11.
Latest Non encumbrance certificate from the Sub registrar office with present owners name (not more than two months old)
 
12.
Agreement of sale between vendor and applicant
HBL/11
13.
Payment proof of 5% of total cost of house
 
14.
NOC if the property is in Society (NOC on Society's letter head)
 
15.
Form (F) 1517 /1523 original (latest)
 
16.
Contingent Bill with your bank details
HBL/12

Note 1: Age of independent house should be less than 25 years in case of RCC construction and 20 years in case of other type of construction with brick and cement. Purchase of mud wall house is not permitted.

Note 2: Age of flat should be less than 15 years.

Note 3: Sale deed within 3 months from the sanction of the loan is to be forwarded to this Society. Sale consideration of sale deed should be equal or of more value than the loan sanctioned.


CATEGORY : F
FOR REPAYMENT OF HB LOAN AVAILED FROM OTHER FINANCIAL INSTITUTIONS
(Bank/Institution recognised by RBI)

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Documentary proof showing the ownership of the house / flat (Copy of sale deed)
 
10.
Documentary proof showing loan availed, loan repaid and loan outstanding (only Principal) as on the date of application
 
11.
List of documents held by the Bank on their letter head (Sale deed of value with Bank etc.)
 
12.
Form (F) 1517/ 1523 original (latest)
HBL/11
13.
Contingent Bill with your bank details
HBL/12

Note: Original house documents from bank is to be submitted within one month from the sanction of the loan.


CATEGORY : G
FOR SELF CONSTRUCTION OF HOUSE

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Estimate Cost of Flat / House
HBL/10
10.
Regd Sale Deed/ Title Deed (original) of land or, Regd Gift Deed registered in your name or jointly with spouse. In case of regd gift deed also forward copy of Donor's deed or proof of title (Loan will not be provided if the land is agricultural)
 
11.
Approved Building Plan for construction in original duly approved by local govt. Officials (Municipal Corporation / Municipal Committe/ Tehsildar / Secretary Gram Panchayat / BDO / Ecexutive Engieer, Town Planner / Circle Officer). The Building Plan should have details of property, owner name, date of approval.
 
12.
Latest Non-ecumbrance Certificate from Sub Registrar Office (Not more than two months old)
 
13.
Layout plan duly approved by local development authority in case the said propery is part of a colony / residential project
 
14.
Chance in land use certificate from SDM / Tehsildar / Collectorate if said land is agricultural in nature
 
15.
A certificate from BDO intimating the present classification of plot whether it is residential or agricultural
 
16.
Four coloured photograph (of post card size) of vacant plot from four different angles/location on which the house is planned to be consturcted. The photograph must be taken in such a manner that neighboring construction/reference points can also be seen in photographs. It should also bear the propery details and owners name. Also, service number of application must be annoted on all documents including photos (on reverse)
 
17.
Form F 1517 /1523 original (latest)
 
18.
Contingent Bill with bank details of applicant
HBL/12

Note:
1. Member availing Loan for self construction of house on their plot/land need to submit the following within 18 months of drawal of last installment of HBL or on completion of construction of house which ever is earlier.

(a) Completion certificate dully quoted with House No./Flat No (With full details of location i.e Gali No./Street/ Village/PS/Diss)

(b) The certificate should also bear Plot No./Khasra No. of plot on which House/Flat has been constructed. The certificate shall also the bear the name of the owner and the year of construction of House.

(c) The certificate should be issued on the letter head of the competent office i.e. office of the Municipal Corporation/SDM/Tehsildear/BDO/ADO. In case the house is constructed in village then completion certificate will be required to be issued by Secretary, Gram Panchayat on their letter head. The certificate must bear rubber stamp of signatory and should also bear the official seal of the office. The certificate received on plain paper will not be accepted.

2. The following also must be forwarded along with completion certificate.

(a) House Tax Receipt.

(b) Electricity Bill or Telephone Bill or water Bill.

(c) Photograph of House/Flat constructed duly self attested. The photograph must bear the location of land.

Note

1. Non Receipt of completion certificate along with documents quoted in para (2) above will attract enhanced rate of interest from the date of drawal of loan and if deemed, the further necessary action will be taken.

2. The Authenticity of the certificate if needed can be sent for verification.

3. If the completion certificate is in regional language then an attested translated copy (either in English/Hindi) be sent along with the original.


CATEGORY : H
EXTENSION OF EXISTING HOUSE

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Regd Sale Deed/ Title Deed (original)/ Regd Gift Deed registered in your name or jointly with spouse showing ownership of house or flat. In case of regd gift deed also forward copy of Donor's deed or proof of title (Loan will not be provided if the land is agricultural)
 
10.
Documentary proof of the age of house. The independent house should not be more than 25 years of age in case of RCC construction and 20 years in case of other type of construction with brick and cement
 
11.
Approved Building Plan for extension of house in original duly approved by local govt. Officials (Municipal Corporation / Municipal Committee /Tehsildar / Secretary Gram Panchayat / BDO / Executive Engineer, Town Planner/ Cricle Officer). The Building Plan should have details of property, owner name, date of approval
 
12.
Latest Non-encumbrance Certificate from Sub Registrar Office (Not more than two months old)
 
13.
Estimate- Cost of house extention from architect or civil engineer
HBL/10
14.
Copy of Govt HBA sanction letter (if any) along with second charge permission in favour of AFGIS
 
15.
Form F 1517 / 1523 original (latest)
 
16.
Contingent Bill with bank details of applicant
HBL/12

Note: Completion certificate within 18 months from the release of the last installament is to be forwarded to this Society from competent authority.


CATEGORY : J
FOR PURCHASE OF PLOT FROM STATUTORY BODY LIKE DDA, JDA etc.

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Allotment letter in original with cost of plot
 
10.
Proof of 5% payment
 
11.
Tripartite agreement in two copies (signed by the board with rubber stamp)
HBL/09
12.
Form (F) 1517/ 1523 original (latest)
 
13.
Contingent Bill with your bank details
HBL/12

Note: Regd. Sale deed equivalent or more than loan amount is to be forwarded to the society within 3 months from the sanction of loan


CATEGORY : K
FOR PURCHASE OF PLOT FROM PRIVATE PARTY

SL Document/Form No
1.
House Building Application (Page no. 19-20 of Booklet duly filled)
HBL/01
2.
Certificates for leave encashment, option to carry forward the loan and loan availed in next three months
HBL/02
3.
Agreement Form
HBL/03
4.
Declaration
HBL/04
5.
Affidavit from Nominee
HBL/05
6.
Undertaking by Borrower
HBL/06
7.
Promissory Note
HBL/07
8.
Letter of Authorisation to AOC, AFCAO in Duplicate (Form No. 8 A&B)
HBL/08
9.
Copy of Sale deed of seller (back to back copy as seal of sub registrar should be legible)
 
10.
Proof of 5% payment
 
11.
Agreement to sale between vendor and applicant
HBL/11
12.
Latest NEC from sub registrar office intimating name of present owner
 
13.
Certificate from BDO intimating present classification of plot whether residential or agricultural
 
14.
Form (F) 1517/ 1523 original (latest)
 
15.
Contingent Bill with your bank details
HBL/12

Note: Regd. Sale deed equivalent or more than loan amount is to be forwarded to the society within 3 months from the sanction of loan.

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