business kit print - V.4-23 july 18.2

04 - FAQ’s

9. What should be done if there are more than one co-applicants?
If there are more than one co-applicants, additional application form
should be used to capture the details of all the co-applicants.

10. What should be the size of photograph and is there any colour
specifications?
Photograph should be recent, coloured and of passport size.

11. Who should be the first applicant?
It is always preferred to have first owner of the property and/or the
applicant whose income is considered for sanction of the loan to be
first applicant.

12. What should I do if the specific column is not applicable to
applicant or co applicant?
You should write as “Not Applicable” or in short “NA”

13. What do you mean by full name in application form?
A full name is a name which consist of first name, middle name and
last name. For example, in case of Ranjeet Kapil Sharma, the first name
is ‘Ranjeet’, the middle name is ‘Kapil’ and last name is ‘Sharma’.

In some cases you may have only first name and last name.
To write full name please refer to one of the KYC documents like PAN
Card or Aadhaar Card or as per the name stated in the bank statement.
Do maintain consistency right through the documentation for the loan
and registration of property.

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04 - FAQ’s

14. What is mother’s maiden name? What is the purpose of noting
this name?
Maiden name is the name used prior to marriage. For example, prior to
marriage ‘Sheela’ may be known as ‘Sheela Kapoor’ and post marriage
she may be know as ‘Sheela Khanna’. In some parts of the country even
the first name can change post marriage. For example, an individual may
be known as ‘Sunanda Khare’ and post marriage may be known as ‘Su-
mathi Manjrekar’. The maiden name in the first example, will be ‘Sheela’
and in second case it would be ‘Sunanda’. Please note that mother’s
name is specific to an individual and can be used as one of the
authentication parameters in future.

15. How should I write father’s name or husband’s name?
The column marked as ‘Father’s/Husbands’ name refers to father or
husbands name of the applicant. In the co-applicant section, if the
co-applicant is the spouse of the applicant then you need to write the
husbands name or wife’s name as the case may be.

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04 - FAQ’s

4.3 - KYC & Contactability

16. I understand Date of Birth of individual customer but what
is Date of Incorporation?
Date of Incorporation is the date on which a non-individual entity (like
proprietary firm, Partnership, Private Ltd. or LLP etc.) is legally registered.
The Date of Incorporation can be located from one of the registered
documents for eg., for proprietary firm it should be shop establishment
license, for Partnership firm it could be date mentioned as per the
partnership agreement. For LLP, Private Ltd. and Public Ltd. entities it
would be date of registration as per Registrar of Companies (ROC)
certificate.

17. In KYC individual section, why asterisk is marked on Aadhaar* and
PAN* in the application form?
These are mandatory documents to be collected from the customer as
part of KYC document for individuals. In case of Proprietary, Partnership,
Pvt Ltd, Ltd, LLP; PAN would be mandatory.

18. What can be done if the mandatory documents (Aadhaar and
PAN) are not available with the applicant or co-applicant?
What are the alternative documents?
Aadhaar and PAN card are mandatory for executing number of financial
transaction including registration of property in few of the states. So
it is advisable for the customer to apply for the document and submit
along with application form. In rare instance, where the applicant is not
income earning member or owner of property especially in case of
senior citizens, PAN card may not be available. In such situations, special
approvals can be taken prior to login of the application form.

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04 - FAQ’s

19. What if mandatory documents (Aadhaar, PAN) have errors
in personal information of the individual?
If there is a glaring error, we should consider alternative two KYC
documents having correct name and also inform the customer to apply
for rectification of the same. In addition to that you can also collect
declaration form for dual name as per declaration format of our
company.

20. What does the column “Others” mean in the KYC section?
In case we are collecting additional document as KYC other than
Aadhaar, PAN and Passport like Driving License, Voter ID, Electricity bill
etc., in such cases you should mention the name and serial number of
the document issuing authority.
For eg. If in Aadhaar Card, the address stated is different from the cur-
rent address of the customer we need alternative document as proof of
address. In such a situation, the customer can give electricity bill or other
residence proof document along with Aadhaar card.

21. What if the customer is not having landline number?
As said earlier, the individual customer need to write “NA” (Not Avail-
able)

22. What does it mean by ‘to be used for GST’ in current residence
address column?
In case of individuals the current residence address should be stated and
for non-individuals, the address stated in the GST certificate should be
mentioned here.

23. What should I do if the current residence address is the same
as permanent residence address?
Then you should fill up as ‘same as above’

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04 - FAQ’s

24. What is “Other” in gender column mean?
“Other” in gender column refers to third gender status for transgender.

25. What should be marked in “Others” appearing in the column
‘Number of dependents’?
In other column, it can be relative who is dependent on applicant or on
co-applicant. The same needs to be captured in the respective columns.

26. What if mandatory documents (Aadhaar, PAN) have errors
in personal information of the individual?
This is an important information. As a housing finance company, we
have to provide such data to the regulators and other government
entities as and when asked for.

4.4 - NRI and POA

27. Will I have POA in all NRI cases?
Yes. In every NRI case, you would need POA as both the applicant and
co applicant may be abroad or one of the applicants may be abroad
and he/she may not be available in India to carry out transaction during
processing of the loan or post sanction of the loan.

28. How do I get details of Power of Attorney (POA) to fill up in the
application form?
In NRI cases, you need to share the documentation with the applicants
so that they can get POA made as per the format of PCHFL. This can be
in favour of one of the co-applicants staying in India or

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04 - FAQ’s

in favour of the family members or close relative or friend if both of
them are not going to be in India. The details can be seen in the POA
document. In case the application form is being filled in India in the
absence of both the applicants then the POA needs to sign on behalf of
both of them in the application form as instructed in the POA
document.

29. How can the application form be filled and signed if both
applicant who are applying for the loan are not in India?
Based on the POA document as per the format of PCHFL, the POA hold-
er can sign on behalf of applicant and co applicant individually.

30. Do I need to take POA for applicant and co-applicant individually
or it can be combined?
It can be combined or individual POA.

31. Is it important to give POA document at the time of login?
It is preferable to have POA at login stage so that there is a clarity to the
customer to identify their close family member or friend to represent
them for the home loan transaction. However, in special cases, if the
applicants are present at the time of login, it may not be required but it
is important to share the details post sanction of the loan but it
definitely needs to be submitted before disbursement.

32. Do we need POA even if the NRI customers are in India at the
time of applying for the loan?
Yes, because even though they are in the India at the time of applying
for the loan, they should identify POA holder and the same should be
accepted as per PCHFL policy as we need a representative to interact in
the absence of the customer during the tenor of the loan.

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04 - FAQ’s

Please note that the Field Investigation (FI) and KYC verification of POA
holder is compulsory before sanction of loan amount.

33. If an applicant is NRI and co-applicant is resident Indian, do I
still need to collect POA? If yes who should be the POA holder.
Yes, you need to collect the POA from applicant who is NRI. POA holder
can be resident Indian applicant or anybody in the family or close friend
circle with whom the applicant is comfortable.

4.5 - Non Individual Entity & Contactability

34. What is DIN?
DIN is a unique identification number given to an existing or a potential
director of any company incorporated as per company law and
registered with ROC. Director Identification number will be available
for directors of a LLP, Pvt Ltd company or Public limited company.
In our case, DIN will be available when directors are applying on behalf
of the company.

35. Do I need to fill registered office address row for individuals
or only for non-individual applicants?
In case of salaried you need to write address of the employer.
If the registered address is same as address of employer it should be
stated as ‘same as above’.
It is possible that businesses may have registered office and branch of-
fice as separate establishments. It is important to note both the
addresses in specified rows as per the application form.
In case of non-individual entity. you need to write address of the firm.

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04 - FAQ’s

36. Under the row KYC what does it mean by CIN, TAN and PAN?
CIN stands for Corporate Identity Number, It’s a unique 21 digit alpha
numeric number allocated by registrar of company for all entities
registered with it. This number is used to track the companies on ROC
website. It is mandatory to quote in all the documents like letter heads.

TAN stands for Tax deduction and Collection Account number, it is a
unique 10 digit number issued to all entities required to deduct and
collect tax on payments made by them under the income tax act 1961.

PAN stands for Permanent Account Number, a 10 digit alpha numeric
number issued to individuals by income tax department to all.
This column is specifically for non-individual entity.

37. What is GST?
GST stands for Goods and Service Tax. Now GST has subsumed all other
taxes i.e VAT, Service tax etc. We need to mention the GST address in
case of self-employed or non-individual entities having GST number.

38. What can we do if customer doesn’t have official email ID?
We should mention to the customer that critical loan related
statements and communication will be done through email from our
end, hence if the customer does not have official email ID, he/she
should be guided to share their personal mail ID.

39. What if customer doesn’t have landline on his office desk?
In such situations do mention the board number or reception number,
security gate number or his immediate supervisor’s number in the
office. The purpose is to contact the customer during the loan
processing and during the life of the loan as per the need.

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04 - FAQ’s

4.6 - Financials

40. How many bank account details are required to be given?
It is important to list down all the bank accounts of the applicants and
co applicants which includes all current account and savings account.
In case of NRI, the customer should give all accounts maintained in
India like NRO & NRE account and also bank accounts maintained in
the country he/she is residing at the time of applying for the loan.

41. In the loan details column, how do you define annual household
income or what is the definition of annual household income?
Household income is defined as sum total of income of all earning
members having food from the same kitchen.

42. How do I fill this column 4A in different situations?

In case of home loan :

Requirement of Funds Sources of Funds

Land cost, if any NA Amt. Paid Already 1,00,000
Construction/ 5,00,000
Purchase cost Savings from 1,00,000
Bank/Investments

Stamp 30,000 Others 3,00,000
Duty/Registration 70,000 (PF withdrawal)
Others Parking
Loan Required 6,00,000

Market Value NA Total 5,00,000
(for LAP) 6,00,000
Total

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04 - FAQ’s

In case of LAP :

Requirement of Funds Sources of Funds

Land cost, if any NA Amt. Paid Already NA

Construction/ NA Savings from NA
Purchase cost NA Bank/Investments
Stamp
Duty/Registration Others NA

Others NA Loan Required 75,00,000

Market Value 1,75,00,000 Total NA
(for LAP) NA
Total

In case of Balance Transfer :

Requirement of Funds Sources of Funds

Land cost, if any NA Amt. Paid Already NA
NA
Construction/ 1,50,00,000 Savings from
Purchase cost Bank/Investments NA

Stamp 1,05,000 Others
Duty/Registration (PF withdrawal)

Others 1,35,00,000 Loan Required
Outstanding Balance Top-up

Market Value NA Total NA
(for LAP)
Total

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04 - FAQ’s

43. Is it important to fill this 4A column?
Yes as this gives break-up of the property cost, customer’s own
contribution and loan requirement at a glance. This can be starting
point to structure customer’s loan requirement and assist credit
underwriter to understand customer’s financials.

44. How should I fill up details of the property as per row 5, if
customer has not identified the property?
You may mention it as “PNI” or Property Not Identified.

45. How do I collect financial information as per column 6, as
customers’ are reluctant to share their details?
You should always help the customer to fill-up the application form as
stated earlier. Before starting the form filling exercise, you should give
heads-up to customer informing specific information that is required to
fill-up the details. Inform the customer that information on savings and
investments will be a strength or it could be a mitigating factor for a risk
identified by the underwriter to design a suitable product or we may be
able to offer higher loan amount or tenure based on this information.

46. Why should we give the information of loan taken as the
same will be available on CIBIL report?
It may be possible in rare senario that some of the member institu-
tions may not have updated the details or wrongly stated the details in
credit bureau which may pose a challenge in the loan sanction process.
Hence, in the interest of the customer, you should encourage to give
details so that TAT for processing loan is minimal.

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04 - FAQ’s

47. How should I furnish details of loan taken if the number of
loans taken is more than 3, whereas application form has place
for only 3 loans?
You can take an extra sheet of paper and write all the loan details as
per the format and attach the same with the application form.

48. Can you please help me with the details to collect PF cheque?
The PF cheque needs to be collected in the name of “PIRAMAL
CAPITAL & HOUSING FIANANCE LIMITED”. It should be marked on
the left hand side top as “only account payee”. Ensure that the amount
is as per the latest policy announced from time to time.
The cheque collected should be from the salary account in case of sal-
aried and primary operating account other than OD/CC account in case
of self-employed. In case of NRI, it has to be from NRE or NRO account if
both the applicants or NRIs. However, if one of them is resident Indian,
the cheque can be collected from resident Indian’s salary account or
account showing transfer of funds.
Do not accept cheques with overwriting or correction.

49. What is the purpose of taking references? And who should
be ideal reference?
The ideal reference should be the person who interacts with her/him
on a continuous basis. In case of salaried, it can be the peers or immedi-
ate supervisors or friends or neighbors who have known them for a few
years. In case of self-employed, it could be their fellow professionals in
their city or their vendors or suppliers or it could be their social friends.
It is important to note that we should discourage them from giving
family members or relatives as reference.

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04 - FAQ’s

From a sales perspective, it is invaluable as they are two important
leads or source for future leads.

50. What are the mandatory information to be filled-in in
reference column?
Every column is important. The details should be complete and
comprehensive.

51. How is life insurance and general insurance meaningful in
mortgage finance?
Life insurance covers the outstanding principle loan amount linked to
the customer’s life. That is in case of any unforeseen death, the princi-
pal outstanding would be paid by the insurer and the bereaved family
will not be burdened to repay the loan or lose the property.

General insurance covers the cost of reconstruction of property in case
there is destruction of the property.

52. Is it important to read the declaration stated in the last page
of the application form?
Yes, it is important for you to suggest to the customer to read the
details of the declaration form before signing on the same.

53. Who should sign if the applicant or co applicant is a
non-individual entity?
In case of non-individual entity, the authorized person should sign. The
authorized person will be the one as per the name mentioned in board
resolution or one of the partners as per partner’s authorization letter in
case of partnership firm.

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04 - FAQ’s

54. Who has to fill the column “For office use only”?
This is an important column to be filled by the sales executive/
relationship manager sourcing the case. This will help in tracking the
loan sourced by various sales executives and incentive to be paid as per
the policy of the PCHFL.

55. Is it important to give the acknowledgment letter?
Yes, It is important to fill each column of the acknowledgment and
handover to the customer as proof of having received application form
along with processing fee cheque with relevant details.

In case of any other queries, you can ask customers to contact:
- Tollfree number : 1800 266 6444
- Email ID : [email protected]
- Website : www.piramalhousing.in

VERSION - 4 64

5.1 - Affidavit Dual Name/Signature

Purpose :
This document is collected from applicant and co-applicants having dual
name or dual signature

“To be franked as per the State Stamp Duty Act”

The stamp duty in my state is....
I, Ranjeet Kapil Sharma (Name of the Applicant who has dual Name
or Signature) son/ daughter/ wife of Kapil Ramji Sharma aged about
33years residing at Flat no 901, Aditya Apartments – Part 1, Waghbil
Naka, G.B. Road, Thane West 400615 do hereby solemnly affirm and
declare as under:

1. Piramal Capital & Housing Fianance Limited (the “Lender”) has vide its
sanc tion letter dated 05/12/2017 granted me the loan of Rs. 15,27,000
as a home loan/ loan against property upon my application and after
fulfilling all the formalities and I do hereby acknowledge the terms and
conditions of the said Sanction Letter.

* Paragraph as per sr. no. 2 to 4 & 6 has not been reproduced here as there
no columns to be filled.

5. I hereby authorize the Lender to verify my below mentioned signature(s)
with HDFC BANK bank in which I maintain my savings / current bank
account number 00001236412345.

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5.1 - Affidavit Dual Name/Signature

7. My names/ specimen signatures are as provided below:

Name/ Signature 1: Ranjeet Kapil Sharma

RSharma

Name/ Signature 2: Ranjeet Kapil Sharma

RSharma

Solemnly affirmed at Mumbai , on this 7th day of December 2017

RSharma

Borrower

Notary

VERSION - 4 66

5.2 - Declaration for Signing in Vernacular Language

Purpose :
This document is collected when applicant or co-applicant signs
documents in vernacular language for example if they sign in Hindi,
Marathi, Kannada or any other regional language other than English

I, the “Borrower”, whose details are provided in Schedule I
hereunder written, do hereby state and declare and affirm that:
Note: Paragraph as per Sr. No. 1 to 4 has not been reproduced here
as there are no columns to be filled-up.

Signature of Borrower/Applicant R.Madhawan

Signature of the Translator

SCHEDULE I
Details of Borrower and Translator

Sr. No. Particulars Details

1 Details of Borrower Mr./Ms./Mrs. Ranjeet Kapil Sharma,
son/ daughter/ wife of Kapil Sharma,
aged about 33 residing at 204-A Sai
Sharnam Society, Near J.B. Nagar,
Andheri (W), Mumbai : 400706.

2 Details of Translator Mr./Ms./Mrs. Rahul Madhawan,
son/ daughter/ wife of Kamlesh
Madhawan,aged about 35 residing
at 202-B Sai Sharnam Society, Near
J.B. Nagar, Andheri (W),
Mumbai : 400706.

3 Relationship between Relation: Friend
Borrower and Number of years of acquaintance:
Translator
10 Years

4 List of Documents 1. Application Form
Translated 2. Sanction Letter
3. Loan agreement

VERSION - 4 67

6.1 - Login Checklist

COMMON DOCUMENTS - SAL,SEP,SENP,NRI Mandatory
A - Documents

1 Check if Developer Name &Project Name are mentioned on the file Yes

2 One Pager Scheme, if applicable

Check if scheme name is written on the file - Normal,OCR deferment, Yes
Interest Subvention Upfront, interest subvention monthly, interest
3 subvention split, principal moratorium, interest moratorium, SUPER,

Step down installment

4 All KYC documents stamped & signed as Original Seen and Verified Yes

5 All docs from customer should be self attested Yes

B - APPLICATION FORM Yes
1 Standard Application Form used for Applicant/ Co-borrower/Guarantor Yes

2 Application Form health check. Form/s not torn/ mutilated condition Yes

3 All columns of application form filled up Yes

4 Countersign on any cuttings /overwriting’s available by customer Yes
5 No White Ink has been used in the application form Yes
6 Reference details with proper contact number has been captured Yes

7 Application from signed by all Applicant/ co-app/guarantor Yes

8 Recent colour passport size photo (with cross signature) Yes

9 E-Mail ID need to be mentioned on loan app. form, official & Personal Yes

10 Ack. slip handed over to applicant and should not be part of app. form Yes
Yes
C - PROCESSING FEE CHEQUE
Yes
1 PF cheque / PF deposition Slip PF UTR No. and date
Yes
2 PF Cheque photocopy or Waiver approval (if applicable) to be attached Yes
with the file Yes
Cheque to be from main operative account of applicant, whose income Yes
3 is considered(bank statement of this account to available-in file). If not,

ZCM approval e-mail to be in the file

D - KYC DOCUMENTS

1 KYC Documents health-check - not in torn/mutilated condition

2 PAN card

3 Aadhaar card (UID)

4 Clear & Valid Photo-Identity Proof/s and date of birth proof

a Valid passport/ Voter ID/ Valid Driving License/ID card(Govt./PSU Empl.)
b Name on ID proof to match with details filled in Application Form

c For married applicants - Marriage Certificate/ Aadhaar Card/ Valid
Passport/ PAN Card with middle name of husband/ Ration Card/
Notarized Affidavit

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6.1 - Login Checklist

COMMON DOCUMENTS - SAL,SEP,SENP,NRI Mandatory
D - KYC DOCUMENTS

6 Clear copy of latest residence address proof Yes
Yes
a Valid passport/ Latest telephone bill/ Electricity bill/ Bank account
statement/ Registered Rent Agreement/ Ration card/ Valid Driving
license/Gas bill/ Aadhaar card

b Letter from Employer (Government and Public sector organizations)
c Copy of sale deed if self-owned property or Index II

d Others: Please Specify
e Details of Address Proof match with details filled in App Form

7 - SIGNATURE PROOF

a PF Cheque Clearance/ ECS mandate attestation/ Banker’s signature
verification/Valid Passport/PAN Card/ Valid Driving License

8 Signature match with KYC documents and App Form
9 All KYC spellings checked with application form and with each other
10 Affidavit cum Indemnity Letter for Dual Name/ Dual signature/Dual DOB

if applicable

E- PROOF OF EXISTING OBLIGATIONS Yes
1 Repayment track record / SOA / Sanction Letter / Welcome Letter Yes
F- Property and Loan Documents Yes
1 Approved Plan, if applicable Yes
2 Completion Certificate and Occupation Certificate, if applicable
Yes
3 For Balance Transfer - List Of Documents

4 For Balance Transfer - Pre-closure Letter

5 For Balance Transfer - Repayment Track Record

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6.2 - Login Checklist

G - LOGIN CHECKLIST - SALARIED CUSTOMER Mandatory
1 - PROOF OF EMPLOYMENT Yes
a ID Card issued by employer/ Appointment letter/Experience Certificate Yes
b Proof of Employment continuity as applicable / Latest salary slip
H- INCOME DOCUMENTS AND BANK STATEMENTS Yes

1 - INCOME DOCUMENTS Yes
a Last 3 Salary Slips / Salary Certificate not more than one month old Yes
Yes
b Latest increment letter/CTC details, wherever applicable Yes
c Proof of bonus if bonus is to be considered

d Latest Form 16 / last filed ITR for last 2 years
e Last 2 years ITRs for proof of other income, if considered for eligibility
2 - BANK STATEMENT
a Latest 3 months bank statement of salary A/c

(should not be more than 40 days old at login stage )

I - LOGIN CHECKLIST - NRI CUSTOMER Mandatory
1 DOCUMENTS Yes
a Valid Passport with valid Visa Yes
Yes
b Valid address proof of residence abroad (Not mandatory for Mariner)
c CDC of last 3 years for Mariner/ Valid work permit for other NRI Yes
Yes
d POA for local resident if applicable Yes
Yes
e Credit Bureau report of country of residence Yes
f 6 Months bank statement of country of residence
g 6 Month NRE/NRO bank account statement
h Appointment letter/ Contract letter

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6.3 - Login Checklist

J - LOGIN CHECKLIST - SEP CUSTOMER Mandatory
Yes
1 - PROOF OF BUSINESS Yes
a Shop and Establishment Certificate/ Sales Tax/ VAT/ GST Registration/
Yes
Trade License Yes

2 - PROOF OF PROFESSIONAL QUALIFICATION Yes
a Proof of professional qualification if borrower is Doctor/ CA/ CS or
Yes
Architect
K- NON INDIVIDUAL BORROWER
1 PAN card
2 COMPANY AS BORROWER
a Share-Holding pattern & List of directors on the letter-head of the

company certified by authorised director
3 PARTNERSHIP FIRM AS BORROWER

a Copy of latest registered Partnership Deed
L - INCOME DOCUMENTS AND BANK STATEMENTS
1 INCOME DOCUMENTS
a ITRs of last 2 years with computation of income, P&L, Balance Sheet

and Schedules to accounts.

b Financials should be audited: For SENP, if turnover is > 1 Cr and
for SEP, if turnover is > 50 lakh. Tax Audit report is

2 BANK STATEMENT

a Last 6 months bank statement of all operative business accounts
(should not be more 40 days old at login)

VERSION - 4 71

VERSION - 4 72

CONTENTS

Part 3 : Sanction

01. Sanction Letter 74
75
02. FAQ’s on Sanction Letter

VERSION - 4 73

01 - Sanction Letter

Date 27 oct 2017 *Remember to include HDFC Life Insurance & HDFC
Application number: 2017101300047 ERGO Long Term Fire Protection Plan, if customer
Ranjeet Kapil Sharma wishes to get it funded as part of the loan amount.
Address: 204/A Shri Sharnam, J.B. Nagar,
Andheri (W) Mumbai 400706.

Dear Sir/Madam,
With ref. to your loan application, we are pleased to inform you that your loan request has been
approved in principle by Piramal Capital & Housing Fianance Limited (PCHFL), on the following terms &
conditions:

Nature of Facility Home Loan Rate of interest 8.50% p.a.

Purpose of Loan Direct Builder Rest Frequency Monthly Rest

Amount of Loan HL Upto Term of Loan 240 months
Rs. 1,00,00,000 EMI Rs. 86,782/-
Processing Fees Rs. 11,800/- (Inclusive of GST)
LI Prem. Amt. Mode of payment NACH
RPLR 15.50% p.a.
GI Prem Amt.
Interest Rate Type Floating

Special Conditions*: Ensure all these
1. Subject to Positive Legal, Technical and other verifications as per the PCHFL norms. conditions are
2. LTV on the Proposed collateral to be restricted to 75% of MV of the Property fulfilled before
3. All Property owners to be on loan structure disbursement
4. Property Insurance to be taken mandatorily

If the above..................................................your acceptance. (Paragraph not reproduced)

We look forward to disbursing this Loan and request you to complete all the formalities in this
regard.

Yours Faithfully,
For Piramal Capital & Housing Fianance Ltd.

Prashant..

Authorized Signatory

Accepted by :

RSharma SSharma All applicant and co-applicants need to sign
on first page as well as on the last page.
Ranjeet K. Sharma & Sheetal R. Sharma

(Name of Borrower & Co - Borrowers ) Page - 2
General Terms & Conditions:
* Paragraph as per Sr. No. 1 to 16 has not been reproduced here as they
are common in sanction letter format.

This sanction shall stand canceled and revoked if:
Accepted by: RSharma
SSharma
Ranjeet Sharma & Sheetal Sharma

(Name of Borrower & Co-Borrowers)

VERSION - 4 74

02 - FAQs on Sanction Process

1. Can you explain the importance of sanction letter?
The sanction letter is an important document. It is the second stage of con-
tract i.e., “offer and acceptance”. The offer by the lender constitutes terms of
loan like Amount, Tenor, ROI, EMI, Fees and specific conditions stated based
on each case and it should be accepted by the customer. The authorized
credit manager signs on behalf of PCHFL and the applicant and co-applicants
need to sign on all the pages of the sanction letter confirming the acceptance
of the terms of loan.

2. How should I get the sanction letter signed by the customer?
Since it is a legal document, the sanction letter should be signed by the
applicant and co-applicants in the presence of PCHFL employee. The signa-
ture should be cross checked with the KYC documents and application form
collected at the login stage.

3. What if the customer gives acceptance of the sanction letter on
e-mail, SMS or whatsapp or any other app?
It is not acceptable. We need to collect the original sanction letter duly
signed by all the applicants and co-applicants to proceed with loan
disbursement formalities.

VERSION - 4 75

02 - FAQs on Sanction Process

4. What should be done if the customer is asking for change in loan
amount or tenor, EMI or any conditions within the norms of PCHFL?

If there is any change requested in the terms of loan sanctioned, we should
ask customer to give a request letter addressed to PCHFL. The possible
scenarios are given below:

a. If the customer wants to increase or decrease the loan amount?
Increase in Loan Amount: If the request is for increase in loan amount,
then the customer should have sufficient income or share additional income
source acceptable to PCHFL or should be open to increase the tenor as per
the product program and eligibility norms of the credit policy.

Decrease in Loan Amount: This option also requires request letter from
customer. However, for home loan cases, the revised sanction letter can be
issued subject to OCR proof provided by the customer to bridge the gap in
purchase of property.

b. If the customer wants to increase or decrease the loan tenor/
EMI amount?

We should ask the customer to give a request letter addressed to PCHFL.
Based on the age of the customer, property and product & eligibility norms
the same can be offered to customer. .

Based on the above conditions, revised sanction letter needs to be generated
and the applicant and co-applicants to the loan should accept and sign the
new sanction letter.

VERSION - 4 76

02 - FAQs on Sanction Process

5. What will happen if the customer changes his job or business
location during the interim period or post handing over sanction
letter?

Every sales professional should be aware of the situation. The customer
should be encouraged to disclose at the time of login itself if he plans to
change or has offer in hand. In such a situation the applicant has to submit a
fresh set of documents pertaining to new assignment or the change in busi-
ness and the case would be reviewed afresh once again as per the policy of
PCHFL.

6. What will happen if the applicants decide to change, drop or
substitute one of the applicants or co-applicants to the loan?

If there is a change in income earning applicant or co-applicant, we need to
collect a new set of application form along with income and KYC documents
as per the login checklist. The entire sanction process has to be revisited and
a new sanction letter will be offered with revised terms for acceptance by the
applicant & co-applicants.

If there is an addition of non-income earning applicants or co-applicants to
the loan, we need to collect an application form for the new applicant along
with their KYC documents and the entire sanction process has to be revisited
to generate a sanction letter with new set of applicant and co-applicants.

Kindly note that all co-owners need to be necessarily co-applicants to the
loan. In case the sale deed has been executed, ensure that all the owners
are co-applicants or if it is not executed keep the customer informed.

VERSION - 4 77

02 - FAQs on Sanction Process

7. Is there any validity of credit bureau, field investigation reports
and sanction letter?

All reports and the sanction letter are valid for 90 days from the date of its
issue. Validity of Credit Bureau reports (CIBIL) is 60 days from the date
of its generation.

8. What should be done if the disbursement is not happening
within the validity period stated above?
In case the disbursement is exceeding beyond validity period, we need to
generate all the reports to validate the status of applicants or
co-applicants of the loan and accordingly process the loan. This process is
called “Re-credit”. The customer has to re-submit all the financial and KYC
documents. The process of field investigation, generating credit bureau
reports has to be done again. If there is a “change”, the sanction process
will be revisited to approve or offer revised loan terms or reject. If there is
“no change” the sanction process will be taken forward.

9. Is there any validity of ROI?

In case of variable rate of interest, the ROI stated on the sanction letter is
applicable on the loan as on the date of sanction letter. However, the ROI
prevailing on the date of disbursement would be the rate applicable and
any subsequent change would be applicable on the loan.

10. What if the employer of the customer changes the bank for
salary transfer or in case of SEP or SENP there is a change in
business account?

In case the employer changes the bank account, we need to get a letter
from the company or copy of the internal policy duly confirmed by FI, FCU
and or credit appraiser. Similarly in case of SENP and SEP, the reasons
should be valid to be confirmed as per the norms of PCHFL

VERSION - 4 78

02 - FAQs on Sanction Process

11. Can you explain the components of variable ROI?
The ROI of PCHFL is based on Retail Prime Lending Rate (RPLR) declared
by the company from time to time.

The ROI has two components i.e., RPLR and Margin. ROI is worked
out as shown here. “ROI = RPLR - Margin”. Let us take an example,
if RPLR is 15.50% and Margin is 7% then ROI will be 8.5%
( ROI = 15.5% - 7% = 8.5% )

The Margin as a component of ROI remains constant throughout
the tenor of the loan. Any increase or decrease in ROI is dependent on
change in RPLR.

VERSION - 4 79

VERSION - 4 80

CONTENTS

Section 1 - Pre-Disbursement Planning

1.1 Preparation for Documentation 82

Section 2- Loan Agreement Kit

2.1 Loan Agreement 83

2.2 MITC 94

2.3 Affidavit for Construction 97

2.4 Power of Attorney 101

2.5 Declaration 107

Section 3 - NOI

3.1 Documents for NOI 113

3.2 NOI 114

3.3 Letter of Authority 118

3.4 MODT 119

Section 4 - Repayment & Documentation

4.1 Cheque Submission form 125

4.2 NACH 126

Section 5 - Insurance

5.1 HDFC Life Group Credit Insurance Form 127

5.2 HDFC ERGO - L.T Fire Insurance 128

Section 6 - Disbursement

6.1 Disbursement Checklist ( NDC ) 129

6.2 DRF 138

Section 7 - Annexures

7.1 Marriage Certificate 140

7.2 POA NRI 142

7.3 Legal Documents at a Glance 144

7.4 State wise Stamp Duty at a Glance 145

VERSION - 4 81

Pre-Disbursement Preparation

Step-1 Have you complied with sanction conditions and any
Sanction Condition pending spl. approvals, documents to be collected includ-
ing marking OSV.
Step-2
FCU Report Check whether applicant and co-applicants have signed
the sanction letter.

Have you initiated FCU check of NOC to mortgage of
builder or society and any other documents as stated by
credit

Step-3 Confirm receipt of the report.
Legal Report Check whether clear mortgage can be created on the
property.

Collect pending documents as per the report if any

Step-4 Confirm receipt of the report
Valuation
Understand LTV based on valuation and credit appraisal

OCR - Receipt & Proof of Payment
DRF - Loan amount to be disbursed to be matched with
sanction letter, valuation report, stages of construction
& OCR.

Step-5 Arrange Documents for executing loan agreement
Preparing for
Disbursement Stamp paper and fees for registration

Fill the schedule as per the format

Take signature of applicant and co-applicants

Mark subvention scheme correctly i.e., Interest subven-
tion upfront, interest subvention monthly, interest sub-
vention split, principal moratorium, interest moratorium.

VERSION - 4 82

Loan Agreement

Purpose:
Loan Agreement is the final document confirming the contract between cus-
tomer and the lender for the loan being availed. It has all the terms and condi-
tions of the contract. This document will be executed for all loan transactions.

“To be franked as per the State ”

The stamp duty in my state is....
Note: In Loan agreement the space left for borrowers signature in
every page should be signed by all applicants and co-applicants.

Paragraph as per Sr. No. 1 to 11 has not been reproduced here as
there are no columns to be filled-up.

Loan Agreement Schedule:
SCHEDULE

Sr. No. Particulars Details

1 Execution Details of Date: 27/12/2017
L oan Agreement ( Date on which this agreement is
being executed. It should always
be date after the sanction date.)
Place: Mumbai

VERSION - 4 83

Loan Agreement 1.Mr./Ms/Ranjeet Kapil Sharma, aged
about 33 years, son/daughter/ wife of
2 Details of the Kapil Ramji Sharma resident of 204-A
Borrowers: Sai Sharnam Society, Near J.B Nagar,
Andheri (W), Mumbai : 400706.
VERSION - 4 2.Mr./Ms/ Sheetal Ranjeet Sharma,
aged about 33 years, son/ daughter/
wife of Ranjeet Kapil Sharma resident
of 204-A Sai Sharnam Society, Near
J.B Nagar, Andheri (W),
Mumbai : 400706.

(Keep appropriate abbreviation (Mr./
Ms) as the case may be and strike out
the rest)

(The third paragraph below need to
be filled-up in case of second
co-applicant.)

3.
Mr./Ms/______________________
___________, aged about________
years, son/ daughter/ wife
of_________________________
resident
of___________________________

OR (The third paragraph below needs
to be filled-up in case of closely held
public limited company. The below
column has been filled-up more as an
illustration.)

84

Loan Agreement

Sr. No. Particulars Details

VERSION - 4 OR
Motta Engineering Pvt. Ltd., a company
incorporated under the Companies Act,
1956/2013, having its registered office at
17-AF, New Umpire, Gandhi nagar, Andheri
West, Mumbai 400062 acting through its
authorized director, Mr./Ms/ Arvind Motta

(The below paragraph needs to be
filled-up in case of Partnership firm.
The below column has been filled-up
more as an illustration.)

M/s S&S enterprises a partnership firm regis-
tered under the Indian Partnership Act, 1932
having its office at 11-A Royal commercial
Plaza, Ram Maruti Road_Thane (W), 400620
acting through it’s authorized partner,

Mr./Ms.: Sameer R. Chaudhari
And Mr./Ms : Sachin S. Darekar
OR

(The below paragraph needs to be filled-up
in case of HUF. The below column has been
filled-up more as an illustration.)

M/s Rajguru and sons , a Hindu Undivided
Family having its address at 55-F, Harekrish-
na Park, Nehru Nagar, Madad E, Mumbai
400045 acting through its Karta Mr./Ms.Ra-
jguru Singh
OR

85

Loan Agreement

Sr. No. Particulars Details

3 Nature of (The below paragraph needs to be filled-up
Loan: in case of Proprietorship firm. The below
column has been filled-up more as an
Purpose of illustration.)
4 Loan/End use M/s Maitri Consultancy, a proprietorship firm
having its address at 04/G, GreenWell Plaza,
of Loan: L.B.S Road, Mulund West, 400602
acting through its proprietor Mr./Ms. Shilpa
Shinde.
(In case the above columns are not applica-
ble the same can be striked out.)

Home Loan/ Loan Against Property/Insurance Premi-
um Loan/Top-up Loan

Home Purchase for self-occupation

5 Loan Term 240Months
( In months):

6 Loan Amount: Home Loan Rs. 15,27,000(Rupees Fifteen
Amount Lakh Twenty Seven Thousand
only)

Loan Rs.50,00,000(Rupees Fifty Lakh
Against only) (This column has been filled-
Property- up more as an illustration.)
Amount

VERSION - 4 86

Loan Agreement Details

Sr. No. Particulars

Insurance Rs 3,00,000 (Rupee Three Lakh
Premum only)
Loan (This column has been filled-up
Amount more as an illustration.)

Top-Up Rs. 2,00,000 (Rupees Two Lakh
Loan only)
Amount (This column has been filled-up
more as an illustration.)

Loan Rs 15,27,000 (Rupees Fifteen Lakh
Amount Twenty Seven Thousand only)

(Appropriate column should be
filled up for eg. If the customer
is taking LAP plus Top-up along
with insurance the amount being
disbursed should be filled-up
under each column and the total
of the loans should come here. If
this is case of HL plus insurance
and Top-up then the total would
be Rs.20,27,000)

7 RPLR or Retail 15.5 % per annum (Prevailing RPLR to be
Prime Lending written as per PCHFL policy)
Rate

VERSION - 4 87

Loan Agreement

Sr. No. Particulars Details
8 Interest Rate
a. Fixed Interest Rate:

Home Loan @ 9 % per annum
Amount

Loan @ % per annum
Against
Property
Amount

Insurance
Premium Loan @ 9 % per annum
Amount

@ 9 % per annum

Top-Up (Above details have been
Loan filled-up more as an
Amount illustration.)

b. Floating Interest Rate:
The Floating Rate of Interest shall be based on
RPLR as decided by Lender from time to time:

Home Loan @RPLR (+ %) or
Amount (-6.5 %) = 9.00 % per annum
on the date of execution of the
Agreement.

Loan @RPLR (+ %) or %
Against per annum on the date of exe-
Property cution of the Agreement.
Amount

VERSION - 4 88

Loan Agreement

Sr. No. Particulars Details

Insurance @RPLR (+ %) or
Premum (- 6.5 %) = 9.00 % per annum
Loan on the date of execution of the
Amount Agreement.

Top-Up @RPLR (+ %) or
Loan (- 6.5 %) = 9.00 % per annum
Amount on the date of execution of the
Agreement.
(Above details have been filled-
up more as an illustration.)

c. Initially Fixed followed by
Floating Interest Rate:

Home Loan Fixed Interest @9% per annum for
Amount the period of 5 years commencing
Loan from 1/1/2018 to 1/1/2023 and
Against Floating Interest Rate applicable
Property thereafter for the balance Loan
Amount Amount @ on prevailing RPLR
(+___%) or (- 6_%) = 9.5_% per
annum for remaining Term of
Loan as per the terms of the Loan
Agreement.
Fixed Interest @_____per annum
for the period of _____years com-
mencing from _____to _____and
Floating Interest Rate applicable
thereafter for the balance Loan
Amount @ on prevailing RPLR
(+_____%) or (-___%) = ____%
per annum for remaining Term of
Loan as per the terms of the Loan
Agreement.

VERSION - 4 89

Loan Agreement

Sr. No. Particulars Details

Insurance Fixed Interest @ 9% per annum for the
Premi- period of 3 years commencing from
um Loan 1/1/2018 to 1/1/2021 and Floating In-
Amount terest Rate applicable thereafter for the
balance Loan Amount @ on prevailing
RPLR (+___%) or (- 6_%) = 9.5_% per
annum for remaining Term of Loan as
per the terms of the Loan Agreement.

Top-Up Loan Fixed Interest @ 9% per annum for the
Amount
period of 3 years commencing from

1/1/2018 to 1/1/2021 and Floating

Interest Rate applicable thereafter for

the balance Loan Amount @ on prevail-

ing RPLR (+__%) or (- 6%) = 9.5% per

annum for remaining Term of Loan as

per the terms of the Loan Agreement.

@RPLR (+ %) or
(- 6.5 %) = 9.00 % per annum on the
date of execution of the Agreement.

(Above details have been filled-
up more as an illustration.)

VERSION - 4 90

Loan Agreement

Sr. No. Particulars Details
9 Repayment
Schedule: Home Loan against Insurance Top-up
Loan Property Premium

No.
of
EMI 240 240

EMI Rs. Rs. Rs. Rs.
13739 -------------- 4152 ---------

Due date of the EMIs shall be 5th day of the
each month unless otherwise communicated by
the Lender.

EMI shall commence from the month following
the month of final Disbursement

10 Description Property No./Flat No./Unit No./Plot No.901;
of the Floor No. 9th, Municipal No./CTS no./Survey
Property: no.CTS/458, Part-1, CTS/459 _;
Area adm. 870 sq. ft/sq.mtrs, carpet/built up;
Building name Aditya Apartments;

Situated at Waghbil Naka,G.B. Road, Vil-
lage-Waghbil, Taluka-Thane, District-Thane ;

Pin Code 400615 ;
Landmark Near High Street mall (It is the place
that someone can easily locate the complex. It
can be well know complex, school, restaurant,
tower, club, mall etc.,)

VERSION - 4 91

Loan Agreement

Sr. No. Particulars Details

11 Additional NA (Other security can be assignment of LIC policy,
Security Lien on FD. The same would be stated in the sanc-
tion letter. The details of the security should be
stated as shown below) :

Sr. No. 1. 2.
Security LIC policy FD
Doc. No. 0012334564 12346547
Name Mr. XYZ Mr. XYZ
Details Rs. 45Lacs maturing Rs. 5Lacs maturing
on June 2035. on June 2030.

12 Other a. Specific conditions stated in sanction letter
conditions: b.
c.
d.
e.

IN WITNESS WHEREOF the parties have executed this Agreement
on the day and the year as mentioned in Schedule. SIGNED AND
DELIVERED by the within named Borrower

1. Ranjeet Kapil Sharma RSharma

2. Sheetal Ranjeet Sharma SSharma

(Signature should be in front of the name)

Below is for LLP,Private Limited, Public Limited as the case may be

SIGNED AND DELIVERED by the within named Borrower
Motta Engineering Pvt. Ltd. through its authorized director
Mr./Mrs/ Ms.Arvind Motta
For Mo a Engineering Pvt. Ltd.

Director

VERSION - 4 92

Loan Agreement

Below is for Partnership firm For S & S Enterprises
Partner
SIGNED AND DELIVERED by the within
named Borrower
S & S Enterprises through its autho-
rized Partner Mr./Mrs/ Ms. Sameer
Chaudhari

Below is for HUF For Rajguru & Sons
SIGNED AND DELIVERED by the within Karta
named Borrowe
Rajguru and son
through its Karta Mr./Mrs/ Ms Rajguru Singh

Below is for Proprietor firm For Maitri Consultancy
Proprietor
SIGNED AND DELIVERED by the within
named
Borrower Maitri Consultancy through its
the proprietor Mr. /Ms Shilpa Shinde

SIGNED AND DELIVERED by the with- For Piramal Housing Finance Limited
in named Piramal Capital & Housing Authorized Signatory
Fianance Limited, in its capacity as
the Lender, by the hands of Pravin
Sethe, its authorized official.

(Name of authorized official of PCHFL should be stated here)

Note: Sanction date captured in the loan agreement should be as per
the original sanction letter. The other details like loan amount, tenure &
ROI should be as per the revised sanction letter (If applicable). In case of
re-credit, the date of sanction letter, loan amount, tenure & ROI should be
as per the revised new sanction letter.

VERSION - 4 93

MITC

Purpose :
MITC is a standard document informing the customer about the terms
and conditions of the contract as per the regulatory guidelines. This
document is signed in duplicate and we need to handover a copy to the
customer marked “Customer Copy”. This document will be executed for
all loan transactions.

MOST IMPORTANT TERMS AND CONDITIONS (MITC)
Loan Reference No.:0123456123111( Refer to sanction letter for Loan
account/Loan reference no.)
The Most Important Terms and Conditions (MITC) of the loan between Mr/
Shri. Ranjeet Kapil Sharma and Mrs/Smt. Sheetal Ranjeet Sharma (The
name of applicant and co-applicants should be mentioned in this space.) ,
the borrower/s and Piramal Capital & Housing Fianance Limited, a Com-
pany incorporated under the Companies Act, 2013 and having its regis-
tered office at Piramal Housing Finance Ltd, Second Floor, Piramal Tower,
Peninsula Corporate Park Ganpatrao Kadam Marg, Lower Parel Mumbai
Mumbai City MH 400013, hereinafter called “PCHFL” are agreed upon and
mentioned as under:
1. Loan Sanctioned Amount: Rs. 15,27,000 (The loan amount approved
and accepted as stated in the sanction letter should be mentioned here)

2. Interest:
a) Type: Floating (Interest can be fixed or floating. As stated in the
sanction letter)
b) Interest chargeable: 9.00 % per annum (Interest rate as per the sanc-
tion letter should be stated here)
c) Moratorium or subsidy: NA (Wherever moratorium or subsidy

has been offered, the same should be stated here.)
d) Date of reset of interest: Monthly
e) Modes of communication of changes in Interest rate: PCHFL Informs
of such change in interest rates through a ‘press release’ in major leading
newspapers across India and on its website: www.piramal housing.in
3. Installment Types: Monthly (Take this detail from sanction letter)

VERSION - 4 94

MITC

4. Repayment of the Loan
a) The amount of EMI: Rs. 13,739 (Take this detail from sanction letter)
b) Total number of installments where the loan is repayable in equated
monthly installments : 240 (Take this detail from sanction letter)
Subject to variation in terms of the loan agreement executed/ to be exe-
cuted between the Borrower/s and PCHFL. PCHFL shall endeavor to keep
its Borrowers informed of any change in interest rates through its official
website (www.piramalhousing.in), display in its offices, by sending e-mail/
letter at correspondence address and general announcements from time
to time. If such change is to the disadvantage of the borrower/s, he/she
may within 60 days and without notice close his/ her account or switch it
without having to pay any extra charges or interest.

5. Loan Tenure 240 months (Take this detail from sanction letter)
6. Purpose of Loan (the purpose for which the loan is sanctioned) :
Home Purchase for self-occupation (This column will change with t he
type of loan)

7. Security/Collateral for the Loan: Security of the Loan would
generally be security interest on the property being financed and/
or any other collateral/ interim security as may be required by
PCHFL.
(a) Property description: Flat no 901, Floor no. 9, Aditya Apart

ments – Part 1, Waghbil Naka, G.B. Road, Thane West 400615
situated on Plot no. CTS/458, Part-1, CTS/459, Village Waghbil,
Taluka - Thane, District- Thane (This address should be taken
from the property description stated in the schedule of the
sale a greement or agreement for sale.)

VERSION - 4 95

MITC

(b) Guarantee: Names of the Guarantor/s (if any): NA (To be filled up if
guarantors has been taken. The name should be as per the guarantee
form matching the KYC documents of the guarantor.)

(c) Other Security interest (if any): NA (Other securities can be assign
ment of LIC policy, lien on FD. The same would be stated in the sanc
tion letter. The details of the security should be stated as shown
below :

Sr. No. 1. 2.
Security LIC policy FD
Doc. No. 0012334564 12346547
Name Mr. XYZ Mr. XYZ
Details Rs. 45Lacs maturing Rs. 5Lacs maturing
on June 2035 on June 2030

• Paragraph as per Sr. No. 8 to 15 has not been reproduced here
as there are no columns to be filled-up.
• Page number 1, 2 and 3 of MITC needs all applicants and co-ap-
pli cants signature at the bottom of the page.

It is hereby agreed that for detail terms and conditions of the Loan, the
parties hereto shall refer to and rely upon the loan and other security
documents executed/ to be executed by them. The above terms and con-
ditions have been read by the borrower/s / read over to the borrower by
Shri/Smt. Pravin Sethe (Name of the official authorized to sign on behalf
of PCHFL should come here. )of PCHFL and have been understood by the
borrower/s.

RSharma SSharma
(Signature or thumb impression of the Borrower/s)

Pravin Sethe

(Signature of the authorized person of PCHFL)

Note: MITC has been printed in two sets. One for PCHFL and other 96
is for the customer.

VERSION - 4

Affidavit for Construction in Accordance
with Sanctioned Plan

Purpose :
Affidavit is a set of statements sworn by the borrower. It is signed only by
the borroweer and it needs to be notarized.

“To be franked as per the State ”

The stamp duty in my state is....

Paragraph as per Sr. No. 1 to 6 has not been reproduced
here as there are no columns to be filled-up.

I, the “Borrower”, whose details are provided in Schedule hereunder
written, do hereby state on solemn affirmation that:

Si. Particulars Details
No
1. Mr./Ms/ Ranjeet Kapil Sharma, aged about
1 Details of 33 years, son/ daughter/ wife of Kapil Sharma
Borrower resident of 204-A Sai Sharnam Society, Near J.B

Nagar, Andheri (W) M: 400706
2. Mr./Ms/ Sheetal Kapil Sharma, aged about 30
years, son/ daughter/ wife of Ranjeet Kapil Shar-
ma resident of 204-A Sai Sharnam Society, Near
J.B Nagar, Andheri (W) M: 400706 (The third
paragraph below need to be filled-up in case of
second co-applicant.)
3. Mr./Ms/ -, aged about - years, son/ daughter/
wife of -resident of -

VERSION - 4 97

Affidavit for Construction in Accordance
with Sanctioned Plan

Si. Particulars Details
No

OR
(The third para below needs to be filled-up in case
of closely held public limited company. The below
column has been filled-up more as an illustration.)

Motta Engineering Pvt.Ltd., a company incorporat-
ed under the Companies Act, 1956/2013, having
its registered office at 17-AF, New Umpire, Gandhi
nagar, Andheri West, Mumbai 400062 through its
authorized director, Mr./Ms/ Arvind Motta.
(The below paragraph needs to be filled-up in case
of LLP. The below column has been filled-up more
as an illustration.)

M/s S&S enterprises LLP, a limited liability partner-
ship registered under the Limited liability Part-
nership Act, 2008 having its office at 11-A Royal
commercial Plaza, Ram Maruti Road_Thane (W),
400620 acting through its designated partner Mr./
Ms Sameer R. Chaudhari.
OR
M/s S&S enterprises a partnership firm registered
under the Indian Partnership Act, 1932 having its
office at 11-A Royal commercial Plaza, Ram Maruti
Road, Thane (W), 400620 acting through it’s
partner, Mr./Ms. Sameer R. Chaudhari and Mr./Ms
Sachin S. Darekar.

VERSION - 4 98

Affidavit for Construction in Accordance
with Sanctioned Plan

Si. Particulars Details
No

(The below paragraph needs to be filled-up in
case of HUF. The below column has been filled-up
more as an illustration.)
M/s Rajguru and sons, a Hindu Undivided Family
having its address at 55-F, Harekrishna Park, Nehru
Nagar, Madad E, Mumbai 400045 acting through
its Karta Mr./Ms. Rajguru Singh.

2 Details of Home Loan
the Loan

Details of Property No./Flat No./Unit No./Plot No. 901;
3 the Floor No. 9th Municipal No./CTS no./Survey no.
Property CTS/458, CTS/459;

Area adm. 870 sq. ft/sq. mtrs, carpet/built up;
Building name Aditya Apartments ;
Situated at Waghbil Naka, G.B. Road, Village
Waghbil, Taluka - Thane, District- Thane
Pin Code : 400615
Landmark : High Street Mall

VERSION - 4 99

Affidavit for Construction in Accordance
with Sanctioned Plan

Solemnly affirmed
At the Place Mumbai on 27/12/2017 (This date should be the same
date as the date of notary)

By the Borrower RSharma
Ranjeet Kapil Sharma SSharma

Sheetal Ranjeet Sharma Signature of the Borrower

Note: Stamp paper should be purchased in the borrowers name
and the purpose should be clearly mentioned.
*Important: The date of execution and the date of notary should be
the same.

VERSION - 4 100