Syndicate bank home loan application form pdf

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Purchase of a ready built house / flat.
Construction of house / flat.
Purchase of a site and construction of a house thereon, along with additional component of loan towards cost of furnishing (i.e., fixed furnishing) as per the eligibility quantum of loan.
Loan for repairs/renovations : Housing Loan can be sanctioned up to Rs.15.00 Lakh to Repairs/Renovations subject to completion of three years from the commencement of the repayment date of the housing loan.
Takeover of the HL liability : Eligible accounts from All Public Sector Banks/Private Sector Banks /Co-operative Banks/Regional Rural Banks/NBFCs/HFCs (irrespective of the rating by ECAI) (subject to terms and conditions).

All above cases are permissible subject to production of documentary evidence regarding the gross annual income.

Nominal processing fee of 0.50% (Min Rs.1500/-+GST and Max. Rs.10,000/-+GST) is charged.
Bank is celebrating Retail Loan Festival and waiver of 100% processing charges from 01.09.2024 to 31.12.2024.
In case of takeover of HL liability from other Banks/FIs for Customers enrolled under Canara SB Premium Payroll package (Gold, Diamond & Platinum Variant), processing charge is waived till 31.12.2024.

Amount of Housing Loans	In case of New House/ Flat & Old House/ Flat (Up to 10 Years Old)	In case of Old House/Flat (> 10 Years old)
Upto Rs. 30.00 Lacs	10%	25%
Above Rs. 30.00 Lacs & upto Rs.75.00 Lacs	20%	25%
Above Rs. 75.00 Lacs	25%	25%

*all other terms and conditions shall apply.

Resident Type Resident Indians & Non-Resident Indians (NRIs) holding Indian passport or Persons of Indian origin (PIOs) holding foreign passport or Overseas Citizens of India (OCI).
Salaried Individual Any individual with 2 years aggregated regular and continuous service with a Minimum completed service of 6 months in the current organization/company.
Non-salaried Individual Any individual engaged in business & self-employed persons like, doctors, chartered accountants, architects and others. This is subject to producing of documentary evidence 3 years ITR/ITAO.
Entry & exit age of borrowers Entry age of the borrower shall be less than 60 years for availing the loan & shall be able to clear the liability before attaining 75 years of age. If the entry age of the main borrower is 60 years & above, the loan shall be availed jointly with earning spouse/earning legal heirs only.
Takeover of the HL liability Eligible accounts from All Public Sector Banks/Private Sector Banks /Co-operative Banks/Regional Rural Banks/NBFCs/HFCs (irrespective of the rating by ECAI) (subject to terms and conditions).

Purchase of a ready built house / flat
Construction of house / flat
Purchase of a site and construction of a house thereon, along with additional component of loan towards cost of furnishing (i.e., fixed furnishing) as per the eligibility
quantum of loan. In case of composite Housing loans, utilisation of loan amount for purchase of plot is restricted to 60% of eligible / sanctioned loan amount.
Housing Loan can be sanctioned up to Rs.15.00 Lakh to Repairs/Renovations subject to completion of three years from the commencement of the repayment date of the housing loan.

Under Expansion, Upgradation and Creation of Additional amenities housing loan can be sanctioned under two components:

Component-1 : For expansion of existing unit, upgradation & creation of additional amenities for financing upto 75% of the project cost complying all other guidelines as applicable to regular housing loans.
Component-2: For Housing Loans sanctioned, cost of furnishing (by way of fixed furnishing, immovable attachments/ enhancements) to be included in the total project cost with maximum upto 25% of the loan or Rs.50 lakh whichever is lower subject to other conditions.

Stipulated Loan Application with 2 passport size photos of applicant / Co-applicants or guarantor.
KYC documents of applicant/ Co-applicants or guarantor:
Proof of Identity PAN CARD/Driver’s License/Voter ID /Passport/ Aadhar Card etc.
Proof of Residence Driver’s License/Voter Id/Passport / Aadhar Card / Electricity Bill/Telephone Bill etc., /Business Proof related GST and others.
Age proof of the applicant/ Co-applicants.
PAN card (photo copy).

Salaried individuals.

Bank statement of salary account for past 6 months.
Proof of confirmed service of 3 years: -
Form No.16 & ITR if any supported by Employee ID/Appointment Letter/ Confirmation in services evidencing duration of the employment/3 years IT Returns.
Business/Self-Employed individuals.
Balance Sheet and Profit & Loss account for past three assessment years.
ITR/ITAO filed for past three assessment years.
In case of agricultural income is also included in ITR, Copy of lands records.
Statement of Bank Account.
Brief note on the nature of business.
Proof of Business.

Proof of identity
Copy of first 4 pages of passport and page with visa stamp, or IC/PIO card.
Valid work permit.
Copy of salary certificate duly attested by Indian Embassy/ Consulate/ Employer.
Account statement/ passbook of overseas bank showing salary and savings.
Notarized Power of Attorney, if applicant proposes to authorize a third party to execute the documents/ complete the mortgage formalities/ avail the loan instalments.

For Construction of House	For purchase of Ready-Built House	For purchase of Flats
Title deeds of the property and link documents for the last 13 years.	Title deeds of the property and link documents for the last 13 years.	Title Deeds of Builder for last 13 years.
Encumbrance Certificate for past 13 years.	Encumbrance Certificate for past 13 years.	Encumbrance Certificate for past 13 years.
Khata Certificate/ Khata Extract	Khata Certificate/ Khata Extract.	Khata Certificate/ Khata Extract.
Upto date tax paid receipts of the property.	Upto date tax paid receipts of the property.	Upto date tax paid receipts of the property.
Copy of the approved plan for the proposed construction / extension / addition.	Copy of the approved plan	Sketch of Flat
An affidavit-cum-undertaking that applicant shall not violate the sanctioned plan, construction shall be strictly as per the sanctioned plan.	An affidavit-cum-undertaking from the applicant declaring that the built up property has been constructed as per the sanctioned plan and/or building bye-laws	Sanctioned Plan & License from competent authority.
Completion Certificate (within 3 months of completion of construction).	Completion Certificate.	Copy of Occupancy Certificate by Local Authority.
Allotment letter of Co-operative Society/Housing Board (wherever applicable)	Agreement of sale of property.	Agreement of Sale with Applicant.
In case of allotment of a plot by the Society, documents to be submitted are as follows :

Extract of the Resolution

Bye laws of the Society

Property Register card extract

Building Commencement Certificate.

Original Registration Receipts

Original Stamp Duty Receipts (if any)

Original receipts issued by the Builder to the Purchaser of the flat

Certified copy of the Building commencement certificate

Builder’s Demand Notice

Property Register card extract

NOC from existing Banker regarding pre-closure.
List of original documents held by Transferor Bank along with their attest copy.
Copy of Sanction Letter.
Statement of Loan Account from date of sanction.
Any other documents as required by Bank.

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