INDIAN OVERSEAS BANK
………………… Branch

APPLICATION FOR TERM LOAN FOR CONSTRUCTION/ACQUISITION OF HOUSE/FLAT
“SUBHA GRUHA”

To
The Manager
Indian Overseas Bank
…………….. Branch

I hereby apply for a term loan of Rs. …………….. repayable in ………… monthly
installment’s for the purpose of construction/acquisition of house/flat. I confirm having read the terms and conditions for the above scheme and agree to abide by the same. I give below the particulars about me which are true and correct and I have not with held any information that may be vital for the sanction of the loan applied for by me.
1. Name of the Applicant: 2. Date of Birth & Age:
3. If married, number of Children and other dependants:
4. Residential Address with Phone No.
Present Permanent
5. Employment particulars:
Name of Employer: Designation:
Office address with Phone No. Date of joining:
Whether confirmed:
Age and Date of retirement:
6. Salary Particulars Gross salary: Deductions:
Net salary (salary certificate from employer is to be attached)
7. Any other income (proof to be attached) :
8. If the applicant is a professional/in trade/business
Line if activity:
9. Details of present assets & liabilities (assets such as LIC policies, NSC, Immovable
Property etc.):
Nature of assets Location/details Market Value Whether encumbered
Details of Liabilities
Borrowed from Purpose of loan Amount of loan Present outstanding
10. Details of Guarantee given : To whom given:
Name of the Principal debtor: Amount of Guarantee:
11. Details of property proposed to be purchased/constructed:
Location and address: Survey No. :
Plot no./Door no. Street:
Village: Taluk:
District: Total area of the plot:
Built in area of the house/plot: Plinth area in the case of flat:
Whether plan for construction has been approved/sanctioned by appropriate authority:(copy of approved plan to be enclosed)
Whether the plot/property is free of any encumbrance : (legal opinion on the
property is to be obtained before sanction of loan)
If the construction/acquisition if made through a Co-operative Society/Association
whether the by-laws of the Society/ Association are submitted:
In the case of loan for Purchase of already built house please advise the year of
construction :Whether copy of the contract for purchase of flat/house is enclosed :
12. How the cost is going to be met :
Total cost of purchase/ construction : (estimate/valuation report from a bank
approved engineer is to be submitted for construction/acquisition)
Margin money (source of margin money to be brought in is to be indicated with
proof)
Loan amount required : Repayment period required :
13. Whether the applicant is owning a house already, if so furnish the details.
Place :
Date :
Signature of the applicant