Page 59 - business%20kit%20print%20-%20V.6%2005.11.18

04 - FAQ’s

4.6 - Financials

40. How many bank account details are required to be given?

It is important to list down all the bank accounts of the applicants and
co applicants which includes all current account and savings account.

In case of NRI, the customer should give all accounts maintained in
India like NRO & NRE account and also bank accounts maintained in
the country he/she is residing at the time of applying for the loan.

41. In the loan details column, how do you define annual household
income or what is the definition of annual household income?
Household income is defined as sum total of income of all earning
members having food from the same kitchen.

42. How do I fill this column 4A in different situations?
In case of Home Loan :

Requirement of Funds Sources of Funds
Land cost, if any NA Amt. Paid Already 1,00,000
Construction/ 5,00,000 Savings from 1,00,000
Purchase cost Bank/Investments
Stamp 30,000 Others 3,00,000
Duty/Registration (PF withdrawal)
Others Parking 70,000 Loan Required 6,00,000
Market Value NA
(for LAP)
Total 6,00,000 Total 5,00,000

VERSION - 6 59