Term Loan/Cash Credit

Documents required for Term Loan/Cash Credit Limit

• Project Report if loan is more than 5 Lacs.
• Membership of firms, company or individual with Snaps & Residence Proof.
• Original deed of property & original deed from the seller
• Map
• Intqual of property / Jamabandi & Red Line certificate last 3 yrs.
• Legal opinion
• N.E.C. previous 12 yrs.
• Valuation of property from approved valuer.
• Balance Sheet & Profit & Loss account last three years.
• Income Tax return of last three years
• Affidavit of no loan or Cash Credit Limit from other banks
• If Sole proprietor firm declaration of sole proprietorship.
• Certificate from previous banker regarding dealing.
• Agreement with the borrower on stamp paper regarding mortgage property.
• All loan disbursement document including insurance etc.
• Advance cheques for repayment in case of Term Loan
• Mutation certificate of property in favour of the bank.