Indian Overseas Bank
Branch ……………….

APPLICATION FOR HOUSING LOAN TO NON-RESIDENT INDIANS / NRI WITH RESIDENT RELATIVES JOINTLY.

SCHEME : IOB’S HOME LOAN SCHEME FOR NRIs

I/ We apply for housing loan under IOB’s Home Loan Scheme for NRIs. I/ We have read the terms and conditions for the said loan scheme and agree to abide by the same. Particulars about me / us are given below and I/ We confirm that the particulars furnished below are true and correct and we have not withheld any information that may be vital in deciding the sanction of the loan.

1. APPLICATION :
Amount of loan : -------------------------------------------------------------------------------
Repayment period : ------------------------------------------------------------------------------
Purpose : Purchase / Construction of House / Flat
Repair / Renovation of Existing House / Flat

2. PERSONAL BACKGROUND
OF THE APPLICANT: : NRI RESIDENT RELATIVE
Name in full (in Block Letters) : ------------------------------------------------------------------------------
Father’s / Husband’s name : ------------------------------------------------------------------------------
Date of birth / age : ------------------------------------------------------------------------------
Nationality : ------------------------------------------------------------------------------
Country of Domicile : ------------------------------------------------------------------------------
Relationship of NRI & the resident : ------------------------------------------------------------------------------

3. ADDRESS:
(with phone & fax no.)
Office : ------------------------------------------------------------------------------
Residence : ------------------------------------------------------------------------------
Local : -----------------------------------------------------------------------------

4. PASSPORT DETAILS :
Passport Number : -------------------------------------------------------------------------------
Place of issue : ------------------------------------------------------------------------------
Date of issue : ------------------------------------------------------------------------------
Date if Expiry : ------------------------------------------------------------------------------
(copy of all pages of passport including
visa stamped pages to be enclosed)

5. EMPLOYMENT:
Name of employer (with address) : -------------------------------------------------------------------------------
Working with them since : ------------------------------------------------------------------------------
Designation : ------------------------------------------------------------------------------
Whether Confirmed in service : ------------------------------------------------------------------------------
(copy of employment contract, work
permit / employment pass and identity
card to be enclosed)
Since when working abroad : ------------------------------------------------------------------------------

6. SALARY PARTICULARS :
Currency : ------------------------------------------------------------------------------
Deductions : ------------------------------------------------------------------------------
Net income : -------------------------------------------------------------------------------
(Detailed salary certificate as on a
recent date showing particulars of
deductions to be attached)

6a. OTHER INCOME & SOURCE : ------------------------------------------------------------------------------
------------------------------------------------------------------------------
-----------------------------------------------------------------------------

7. DETAILS OF BANK DEPOSITS :
Name of Branch Nature of A/C No. Amount Due on
Bank Deposit Currency

8. DETAILS OF PROPERTY, LOCATION & ADDRESS :
Survey No. : ----------------------------------------------------------------
Plot / Door No. : ----------------------------------------------------------------
Street : ----------------------------------------------------------------
Village : ----------------------------------------------------------------
Taluk : ----------------------------------------------------------------
District : ----------------------------------------------------------------
Total Area of the plot : ----------------------------------------------------------------
Built-in area : ----------------------------------------------------------------
Whether plan for construction sanctioned by
Appropriate Authority (copy of sanctioned
Plan to be enclosed) : ----------------------------------------------------------------
Whether property is free from Encumbrance and
title is clear (legal opinion from Bank’s approved
lawyer to be enclosed at the time of sanction
of loans) : ----------------------------------------------------------------
Allotment letter and Bye laws of the Co-op
Society / Association of Apartment owners : ----------------------------------------------------------------
Is there a concluded contract for purchase of the
Property-Flat / Apartment. If so attach a copy
of document such as purchase agreement,
Builders agreement etc. specifying terms of
Payment : ----------------------------------------------------------------
No objection certificate from Government
Authorities for mortgaging the property in favour
of the Bank in case of land / house allotted by
Government : ----------------------------------------------------------------
Total cost as per detailed estimate
(Estimate by Bank’s approved engineer to be
forwarded at the time of sanction of Loan) : ----------------------------------------------------------------
Margin amount (min. 25%) : ----------------------------------------------------------------
Loan amount required : ----------------------------------------------------------------

9. DETAILS OF ASSETS AND LIABILITIES IN INDIA :
Assets Liabilities
Nature of Details Amount Nature of Details Amount
Assets Liability

10. PARICULARS OF LEGAL HEIRS:
Name : ----------------------------------------------------------------
Relationship : ----------------------------------------------------------------
Age : ----------------------------------------------------------------
Occupation : ----------------------------------------------------------------
Present Address : ----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------

11. EXECUTION OF DOCUMENTS BY NRI
By self : Yes / No
By Power of Attorney Holder : Yes / No
If by Power of Attorney holder : ----------------------------------------------------------------
Name of the Attorney : ----------------------------------------------------------------
Relationship : ----------------------------------------------------------------
Age & Date of Birth : ----------------------------------------------------------------
Occupation : ----------------------------------------------------------------
Present Residential Address : ----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
Present Official Address : ----------------------------------------------------------------
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Date :
Place:
Signature of applicants