DECCAN GRAMEENA BANK

‣ Proof of business address for non-salaried individuals.
‣ Sale Deed / Agreement of Sale.
‣ Statement of Bank account / pass book for last six months.
‣ Letter of allotment from Housing Board / Society etc.
‣ Copy of approved plan (wherever applicable).
‣ Permission for construction (wherever applicable).
‣ Estimate / Valuation Report from approved valuers in respect of the property to be
financed (wherever applicable).
‣ Age of the building shall be certified by the approved valuer.
‣ In case of conversion of agricultural land – copy of the relevant order.
‣ Search report / non-encumbrance certificate for 13 years from Bank’s Advocate.
‣ NOC under the provision of ULC Regulation Act, 1976 in original.
From Employees
‣ Salary Certificate from employer duly verified about the genuinity by the Branch
Manager.
‣ TDS Certificate – Form 16 or Copy of IT Return for the past two financial years,
duly acknowledged by ITO. Branch Manager to verify the genuineness.
‣ Where check-off is available
o
o
o
Irrevocable letter of authority – Annexure-D.
Letter from employers – Annexure-E.
Irrevocable Letter of Authority where applicant himself is Drawing and
Disbursing Officers – Annexure-E1.
From self employed / Other IT assessees
‣ Three years IT returns duly acknowledged by ITO / assessment orders for
computation of income.
‣ Photocopies of challans of Advance IT paid.
Where IT returns are not available
The Branch Manager can consider the proposals in the absence of IT return on the basis of
verifiable source of income for arriving at the eligibility of loan amount and certify the same
and hold it on record.
10. DOCUMENTATION :
a) Memorandum of Term Loan Agreement for Housing Loan – Annexure-K.
b) Guarantee Agreement, if applicable – Annexure-M.
c) Formalities related to creation of equitable mortgage.
d) Mortgage Deed to be executed by the borrower (only in the case of Registered
Mortgage) – Annexure-L.
e) Agreement to Mortgage, wherever a mortgage cannot be created immediately-
Annexure-J.
f) Documents in connection with pledge of other securities, where applicable.
g) An arrangement letter as per Annexure-I.
Crl. ADV-79 6