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(To be stamped as an agreement)<br />
ANNEXURE-D<br />
LETTER OF AUTHORITY TO BE OBTAINED FROM THE EMPLOYEE APPLICANT<br />
From<br />
__________________________<br />
__________________________<br />
__________________________<br />
Dear Sir,<br />
Place :<br />
Date :<br />
To<br />
_____________________________<br />
_____________________________<br />
_____________________________<br />
(Address of the pay disbursing authority<br />
and the Office)<br />
SCHEME FOR HOUSING LOAN FOR PURCHASE / CONSTRUCTION OF A<br />
FLAT/HOUSE/ADDITIONS – LOAN ACCOUNT NO._________________<br />
1. I, Smt/Sri/Kum.______________________________, S/o.W/o.D/o._________________<br />
_____________________ the undersigned an employee of your organisation.<br />
2. (a) I hereby authorise you to recover by deduction from my salary payable to me by you,<br />
a sum of Rs._____________ (Rupees _________________ _________________ only)<br />
every month representing the monthly instalment payable by me to the Deccan<br />
Grameena Bank, _____________________ branch in respect of Housing loan availed<br />
by me from the Bank and remit the amount to the aforesaid branch of the Branch.<br />
(b) I hereby authorise you to credit/continue to credit my salary to Deccan Grameena<br />
Bank, __________________ Branch payable to me by you every month, since I have<br />
undertaken to repay the Housing Loan taken by me from Deccan Grameena Bank,<br />
______________ branch.<br />
3. In case of my death, retirement, resignation or discontinuing the service for any reason<br />
whatsoever hereby authorise you to pay any amount payable on my account by reason<br />
aforesaid, to Deccan Grameena Bank, ____________________ Branch towards the<br />
balance outstanding in the aforesaid loan account. Such payment shall be deemed as a<br />
payment to me or on my account.<br />
4. I hereby agree that I shall not be entitled to withdraw or revoke the authority even in case<br />
of my transfer, until the whole of my debt inclusive of interest to the Deccan Grameena<br />
Bank, ______________________ Branch is liquidated, and written consent of the Bank<br />
is obtained.<br />
Yours faithfully<br />
Witness : Signature (Signature of the applicant)<br />
Full Name<br />
Full Name<br />
Designation<br />
Designation<br />
Branch<br />
Branch<br />
Note : Delete 2(a) or 2(b) whichever is applicable.<br />
Crl. ADV-79 22
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