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Pre-Disbursement Preparation

Have you complied with sanction conditions and any
pending spl. approvals, documents to be collected includ-
Step-1 ing marking OSV.
Sanction Condition Check whether applicant and co-applicants have signed
the sanction letter.
Have you initiated FCU check of NOC to mortgage of
Step-2 builder or society and any other documents as stated by
FCU Report credit

Confirm receipt of the report.
Step-3 Check whether clear mortgage can be created on the
Legal Report property.
Collect pending documents as per the report if any

Confirm receipt of the report
Step-4
Valuation
Understand LTV based on valuation and credit appraisal

OCR - Receipt & Proof of Payment
DRF - Loan amount to be disbursed to be matched with
sanction letter, valuation report, stages of construction
& OCR.

Step-5 Arrange documents for executing loan agreement
Preparing for Stamp paper and fees for registration
Disbursement
Fill the schedule as per the format

Take signature of applicant and co-applicants
Mark subvention scheme correctly i.e., Interest subven-
tion upfront, interest subvention monthly, interest sub-
vention split, principal moratorium, interest moratorium.

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