Application for term loan Against rent receivable- "Liquirent"

The Manager
Indian Overseas Bank
……………………Branch

I hereby apply for a term loan of Rs……………….repayable in …………..monthly instalments for the purpose of ……………………….against the rent receivable by me during the next……………months from my property situated at………………………………….. I confirm having understood the terms and conditions of 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 withheld any information that may be vital for the sanction of the loan applied for by me.
First Name Middle Name Last Name
1. Name of the applicant : …………………………………………………………...
2. Date of birth and age : …………………………………………………………...
3. If married, number of children and : …………………………………………………………...
other dependents
4. Residential address with phone number :
Present Permanent
E-mail ID
5. Employment particulars : …………………………………………………………
Name of the employer : …………………………………………………………
Office address with phone number : …………………………………………………………
…………………………………………………………
…………………………………………………………
6. Salary particulars Gross Salary Deductions Net Salary
IT PAN Number……………………. Voters ID No…………………Passport No…………………
Any other income (proof to be attached)
Photo
7. If the applicant is a professional/in trade/business
Address and fax/phone no.
Line of Activity
Annual income for the last three years
8. If the applicant is Company/Organisation
Name of the company/Organisation and date of establishment
Registered office address, phone and fax no.
Line of activity
Ownership pattern
Net profit for the last three years
PAN number
9. Details of present assets & liabilities (assets such as land, building, LIC policies, NSC, KVP, IVP,
Cash and Bank deposits etc)
a) Details of assets
Name of asset Location/details Market value Whether encumbered
b) Details of liabilities
Borrowed from Purpose of loan Amount of loan Present O/S
10. Details of guarantee given To whom given
Name of the principal debtor Amount of guarantee
11. Details of the property to be let out/let out
Location: Survey No.: Plotno./Door No.:
Street: Village Taluk:
District: State:
Built in area of house/shop Plinth area in case of flat:
Whether plan for construction has been approved/sanctioned by appropriate authority? (a copy of
plan approved to be enclosed)
Whether the property is free of any encumbrance? (legal opinion on the property is to be obtained
before sanction of loan.)
Age of the house/flat/shop:
Whether taxes been paid uptodate:
(copy of the latest tax paid receipt is to be verified)
12. How the property was acquired/purchased:
a) Ancestral property
b) Purchased from own source
c) Finance obtained from banks/financial institutions
Name of the financial institution:
Amount of loan:
Present outstanding:
(certificate from financial institution should be called & verified)
13. Particulars of tenant
Whether individual/organisation
In case of individual, employment particulars/amount of monthly salary
(Gross as well as net)
In case individual is in business/profession
Nature of business/profession
Annual income
In case of organisation
Name & address (with phone & fax no.)
Established on:
Line of Activity:
Ownership pattern:
Business results:
14. Any Court case is pending against the borrower:
15. Particulars of the Lease agreement (copy to be attached)
Lease expiring on
Monthly rent
Amount of rental advance/security deposit taken from lessee
Rental arrears if any
16. Applicant Banking with us since:
Details of account and number : AB/CD/CC a/cs
17. Any other particulars:
Place: Signature of the applicant
Date:
Documents to be enclosed:
a) Copy of Lease Deed
b) Income proof of applicant and Lessee
c) Guarantor's statement if any
d) Income tax/wealth tax assessment order, if available
e) Copy of title deeds of the property, latest tax paid receipt
f) Copy of approved plan of the building
g) Certificate of balances if finance is availed against the property from any other sources.