1.

Step 2 : Go for a SBI Panel Advocate, Sale Agreement and Legal Opinion Input : Property documents Output: Legal opinion Time: 5-10 days Charges : 1500 Rs + Stamp Paper Franking 1% + Sale Agreement preparation charges 2 Step 3 : Property Valuation Input : Valuator will come to see the apartment Output: Valuation Report Time: 2 days Charges : 1500 Rs Step 4 : Home loan application Input : Legal Opinion, Valuator Report, Your original documents Output: Loan sanction confirmation Time: 7-8 days Charges : Processing fees DOCUMENTS REQUIRED FOR SBI
Company 3 Months Payslips Form 16 for last 2 years IT Returns for last 2 years Salary Account 6 months statement attested by banker Proof of assests : LIC Policy, Shares details Email Id of HR Person for confirmation of Employement status Employers Certificate in the bank's Prescribed format Brief Employer's profile with 2 years financials Source Documents Myself Duly completed Application Form Valuation Report 3 Passport Size Photographs Pan Card Passport Additional ID proof Birth Certificate(SSC Degree Certificate) Driving Licence HR Letter Head Address Proof Rent Agreement Address Proof Degree Certificate Vehicle's RC Book 2. DC conversion and Chain Title Proof of source of margin money 3.EC Certificate, Deviation, Kthatha Certificate /Extract 4. BBMP Sanction Plan,Original Docs verify with Lawyer 5. Conditions if any in Apartment 6.. Building Insurance Identity card copy Proof of margin money already paid CTC Appointment letter Confirmation letter Passport/stamp size photograph Telephone bill of Guaranter Guarantor At Bank Building Insurance SBI Life Insurance 0.2% Registration Charge Advocate Photocopies of land originals for verifications Agreement for sale copy

Check list before finalize

1. A kthatha and Familytree

and

Proof of assests, LIC policies Not applicable for me Existing loan's senction letter with full statement till date No objection certificate from financier if buil has taken loan

Note: Building insurance is mandatory not Loan protection loan. Once the loan is sanctionted Step 5 : Stamp for loan Input : 2*400 Rs and 2*300 Rs e stamps Output: Loan sanction letter Time: 1-2 days Charges : 1400 + 60 service charge After you get a call that your loan got sanctioned, go to nearest SHCIL office (click here to find the office) and get e-stamp papers. You have to fill a form and pay money, they will give e stamp paper.

1. 2 * 400 Rs AND 1 * 300 Rs e-stamp paper :

Second Party: SBI Article : Article 12 Bond Property Description: HOME LOAN AGREEMENT 2. 300 Rs e-stamp paper : First Party : < GUARANTOR NAME> Second Party: SBI Article : Article 12 Bond Property Description: GUARANTEE AGREEMENT 4 Step 6 : Draft Sale Deed Input : Property documents Output: Drafted Sale Deed Time: 2-3 days Charges : Advocates charges ( In case of Resell property ) Step 7 : Calculation time Input : Drafted sale deed Output: DDs for stamp duty and calculation for remaining amount Time: 1 day Step 8 : Independence Day (Registration Day) Input : Printed sale deed on 2 Rs Stamp document ( Advocate will do ) Output: Registered sale deeds copy Time: 1 day Summary of Amount : Property value Stamp duties and registration: 6.6 % of property value + 0.2 % of loan value Banks processing charges, stamps : Less than 15K in any case Advocates charges : Depends on the area but near around 25 - 30 K inclusively Total Amount 1. 3000+3600+500= days)==Lgalopinion/Saleagrcpy/Frnkng 1%) 7100 (5-10 FirstParty :

Valuation fees documents

2. 1500 3. 8500 4. 0500 =

1500 (2-3 days)==Property

8500 (7-8 days)==Sbi processing = 0500 (0-0 days)==Xerox of

5. 800+600 +60 = 1460 (0-0 days)ESmp for(Agremnt betwn u and sbi &gua) 6. 1000 = 1000 (2-3 days)==Draft Sale deed Total = 20060 Petrol Charges (500+EC charges 1000)===20560