1. Approved Building / Site Plan for construction in original duly approved by local govt Officials (Municipal Corporation/ Municipal committee/ Tehsildar/ Secretary Gram Panchayat/ BDO) with details of property and owners name.
2. Estimate Cost of Flat / House
3. Registered Sale Deed / Title Deed (Original) of land, Regd Gift deed.
4. Undertaking by borrower
5. Declaration Form
6. Agreement Form
7. Affidavit from Nominee
8. Latest Non-encumbrance Certificate from Sub Registerar Office (Not more than two months old)
9. Original F 1517 / 1523 (Latest)
10. Promissory Note
11. Application in original
12. Letter of Authorisation to AOC, AFCAO in duplicate.
13. Contigent bill with account number and bank details.
Note : Completion certificate within 18 months from the release of the latest instalment is to be forwarded to this Society.
PURCHASE OF HOUSE / FLAT FROM AFNHB AWHO/ SFS/ DDA / HOUSING BOARD
1. Allotment letter In Original.
2. Proof of 5% payment
3. Agreement Form
4. Declaration
5. Affidavit from Nominee
6. Tripartite Agreement in two Copies (signed by the Board with the rubber stamp)
7. Original F 1517/ 1523 original (Latest)/ Pay Slip in case of deputation also.
8. Undertaking by Borrower.
9. Letter of Authorisation to AOC, AFCAO in Duplicate.
10 Copy of Govt. HBA Sanction letter (if any) alongwith the second charge permission in favour of AFGIS.
11. Promissory note.
12. Application in original.
Note : Regd. sale deed within 6 months of posession of the flat is to be forwarded to this Society.
PURCHASE OF PLOT / SITE
(A) From Statuary Body / Societies / DDA
1. Letter of allotment (in original)of plot & cost thereof.
2. Tripartite agreement in two copies (Signed by the Board with Rubber Stamp).
3. Undertaking by the borrower.
4. Proof of 5% payment.
5. Agreement form .
6. Declaration Form.
7. Affidavit from Nominee.
8. Original 1517/1523 (Latest).
9. Letter of Authorisation to AOC, AFCAO in duplicate.
10. Promissory Note.
11. Contingent bill.
12. Application in original.
(B) From Private Parties
1. Proof of clear title on the land of the seller/owner (With Xerox copy of sale deed).
2. Agreement to sale between vendor and applicant.
3. Latest Non-encumbrance Certificate issued by the Sub-Registrar (Not more than two months old)
4. As per para A Sl No.3 to 12.
Note : Regd. Sale deed within 3 months from the sanction of loan is to be forwarded to this society.
PURCHASE OF HOUSE / FLAT FROM A PRIVATE BUILDER/COLONISER ON OUTRIGHT PURCHASE
(A) FOR PURCHASE OF HOUSE/ FLAT FROM A PRIVATE BUILDER
1. Allotment letter/ Flat buyers Agreement in original.
2. Proof of 5% payment.
3. Copy of permission from Competent Authority (State/ Central Govt) to build house.
4. Certification of Registration of the builder from the Local Government.
5. Agreement Form.
6. Affidavit from Nominee.
7. Declaration.
8. Non-encumbrance certificate from the Sub-Registrar/ Builder.
9. Promissory Note-cum-receipt.
10. No objection certificate to mortgage the house/ flat in favour of AFGIS by the builder.
11. Tripartite Agreement ( In Two Copies) (Signed by the Board with Rubber Stamp).
12. Original F 1517/ 1523 (Latest).
13. Letter of Authorisation to AOC, AFCAO in duplicate.
14. Copy of Govt. HBA Sanction letter (if any) along with second charge permission in favour of AFGIS.
15. Undertaking by borrower.
16. Development agreement between the builder and the Land owner in case both are different parties.
17. Application in original.
18. Contingent bill and Bank details of Firm (Builder).
Note : Regd. sale deed within 6 months of posession of the flat is to be forwarded to this Society.
(B) ON OUTRIGHT PURCHASE/ READY BUILT HOUSE
Sl No. 1, 3, 4, 11 are not required, instead Allotment Letter / Registered Sale agreement duly registered with sub-registrar office is required.
PURCHASE OF HOUSE / FLAT FROM CO-OPERATIVE SOCIETY UNDER SFS
1. Allotment letter In Original.
2. Proof of 5% payment
3. Copy of permission from competent authority (State/ Central Govt) to the Co-operative Society to build House/ Flat.
4. Bye-Laws of Society
5. Share Certificate in original.
6. Copy of Registration Certificate of the Society
7. No Objection Certificate to Mortgage the house/ Flat in favour of AFGIS from Co-operative Society.
8. Non-encumbrance Certificate
9. Affidavit from Nominee
10. Agreement Form
11. Declaration Form
12. Tripartite Agreement in two copies (Signed by the Society with Rubber Stamp)
13. Original F 1517/ 1523 (latest)/ Pay Slip in case of deputationist also.
14. Copy of Govt HBA Sanction letter (if any) along with second charge permission in Favour of AFGIS.
15. Undertaking by Borrower
16. Document indicating clear title of the property in favour of Society.
17. Letter of Authorisation to AOC, AFCAO in Duplicate
18. Promissory Note
19. Application in original
20. Contingent bill along with bank details of the Society.
Note : Regd. sale deed within 6 months of posession of the flat is to be forwarded to this Society.
PURCHASE OF EXISTING HOUSE/FLAT
1. Agreement of sale between vendor & applicant
2. Undertaking by the borrower
3. Form of Agreement
4. Declaration
5. Affidavit from Nominee
6. NOC if any (applicable for Co-op Society)
7. Preliminary valuation report from Govt. approved valuer.
8. Payment proof of 5% of total cost of house
9. Sale Deed in favour of owner (Xerox)
10. Application in original
11. Original F 1517/ 1523 (Latest)
12. Letter of authorisation to AOC, AFCAO in duplicate.
13. Latest non-encumbrance certificate from the sub-Registrar (Not more than two months old).
14. Contingent bill with Account number and bank details.
15. Promissory note.
Note:
- Age of independant house should be less than 25 years in case of RCC construction and 20 years in case of other type of construction with brick & cement. Purchase of mud wall house is not permitted.
- Age of flat should be less than 15 years.
- Regd. Sale deed within 3 months from the sanction of the loan is to be forwarded to this Society.
REPAYMENT OF HB LOAN AVAILED FROM OTHER FINANCIAL INSTITUTIONS
1. Documentary proof showing the ownership of the house/flat (copy of registered sale deed).
2. Documentary proof showing loan availed, loan repaid and loan outstanding (Only Principal) as on the date of application from the financial institution/Bank/Housing Corporation.
3. List of documents held by the bank on their letter head with undertaking for transfer of documents to AFGIS by the member.
4. Agreement.
5. Declaration.
6. Affidavit from Nominee.
7. Letter of Authorisation to AOC, AFCAO in duplicate.
8. Undertaking by borrower.
9. Original F 1517/ 1523 (latest).
10. Promissory note .
11. Contingent bill with account number .
Note :- Original house documents from bank is to be submitted within one month from the sanction of the loan.
ADDITIONAL HOUSE LOAN
(a) For flats from AFNHB/Co-op Society/ Pvt Builder in case of cost escalation
(b) For Renovation
(i) Of Flat alloted by Board/ Private Builder/ Society
(aa) Original registration documents in the name of the borrower.
(ab) Rough Estimate
(ac) Latest 1517/ 1523 in Original.
(ad) All documents as per appendices a to e of the booklet available on cost from AFGIS.
(ii) Of Self-constructed house.
(aa) Completion certificate from Municipal Corporation.
(ab) Copy of latest receipt of House Tax paid.
(ac) Latest 1517/ 1523 in Original.
(ad) All documents as per appendices a to e of the booklet available on cost from AFGIS.
(c) For repayment of loan to financial institution where AFGIS is second charge holder.
(i) Statement from Bank showing loan outstanding as on the date (See Note 1 below)
(ii) Undertaking for submission of all original documents including No Due Certificate from the Bank pertaining to the property on which loan is availed within one month from the date of sanction of loan.
(iii) Latest 1517/ 1523 in Original.
(iv) All documents as per appendices a to e of the booklet available on cost from AFGIS.
(d) Increase in repaying capacity due to increase in Quantum of Loan (See Note 2 below)
(i) Personal Application explaining the full details of the case
(e) Increase in repaying capacity due to Promotion or Grant of extension of service (See Note 2 Below)
(i) Copy of Extension / Promotion / Substantive Promotion POR Copy
Note :
- Only principal outstanding will be refunded by the Society. Penal charges and other miscellaneous charges will have to be borne by the individual.
- These are in addition to the documents for which the individual is applying the loan for.
FOR EXTENSION OF AN EXISTING HOUSE / FLAT
1. Documentary proof showing the ownership of the house/flat (original). 2. Documentary proof of the age of the house. The house should not be more than 25 years of age in case of RCC construction and 20 years in case of the other type of construction withbrick and cement.
3. Approved building plan for the House Extension from Competent Authority.
4. Approved estimate cost for house extension from Architect or Civil Engineer.
5. Agreement Form.
6. Declaration.
7. Affidavit from Nominee.
8. Copy of Govt HBA sanction letter (if any) alongwith second charge permission in favour of AFGIS.
9. Original F 1517/ 1523 (Latest).
10. Letter of authorisation to AOC, AFCAO (In Duplicate).
11. Application in original.
12. Undertaking by borrower.
13. Promissory Note.
14. Non-encumbrance certificate (Not more than two months old).
15. Contingent bill with Bank details.
