Property Documentation

Here is the required property documentation for NRI home loan:

• Original title deeds tracing the title of the property for a minimum period of the last 13 years  
• Encumbrance Certificate for the last 13 years  
• Agreement of sale /construction, if any  
• Receipts for payments made for purchase of the dwelling unit 
• Approved plan / license  
• ULC clearance /conversion order etc.  
• Receipts for having invested the margin money through normal banking channels from the Non-Resident (External) account in India and / or the Non-Resident (Ordinary) account in India  
• Latest tax paid receipt  
• Allotment letter from the co-operative society / association of apartment owners  
• Agreement for sale / sale deed /detailed cost estimate from Architect / Engineer for property to be purchased / constructed /extended / improved
• Copy of approved drawings of proposed construction/purchase/extension