Guidelines for property registration at Bangalore, India and list of documents to be submitted to Retail Assets Central Processing Centre (RACPC)

1. T~ Assistant General Manager
State Bank of India
RACPC-I11 , Banaswadi
Bangalore - 560 043.
Dear Sir,
Documentation Done on.............................
DEO Name :...............................................
Home Branch..............................................
Date : .........................................
REGISTRATION OF FLAT/ HOUSE/ PLOT
I have been sanctioned a Loan of Rs ··································································································
please arrange for registration of the property, the particulars of which are as under.
Name of the Borrower
Contact No.
File No.
Date of Registration
Registering Officer
Ph ....................................... Mobile ......................................................
............................................ Loan Ale. No..............................................
............................................. SB Ale. No................................................
SUB REGISTRAR CHEQUES REQUIRED/ ARRANGED (XEROX COPIES ENCLOSED)
1. Stamp Duty for Rs. ......... .. .. ... ......... ....... ........ ... ............. ..
2. Registration Charges for Rs. .......... ........ ...... .. .. .. ........... .. ...............
3. CESS Rs........ ............ .. ... .... ............... ...............
4. MOD Charges Stamps duty ~-:i.._.,, Rs...........................................................
5. Property Insurance Rs.......... .......................,.........................
6. MOD Registration ~.''I' Rs. ........... .. .............................................
Total Rs...........................................................
THE ABOVE BANKER CHEQUES TO BE ISSUED IN FAVOUR OF
The sub Registrar...............................................................••••••• ....•• .. •..•..•• ..•• ........··..·...··..·..•··•·•.....•·.. •
Vendor Name and the Bank Ale No. .. .................................................................... .. ............................
Vendor Banker cheque to be issued for Rs. ........................................................................................
Note : Property to be registered for the sale consideration value as per sale agreement
Signature of the Borrower
Dated :

2. The Assistant General Manager
State Bank of India
RACPC-111, Banaswadi
Bangalore - 560 043.
UNDERTAKING
PENAL INTEREST ON NON-COMPLIANCE TO AGREED TERMS AND CONDITIONS
Penal Interest@ 2% over and above the agreed interest rate will be recovered from the
customers for the delayed period on the entire outstanding in cases where valid
mortgage is not created by the borrowers in favour of the Bank within 60 days of
execution of Sale deed or issue of possession letter by builders / Occupation
certificate, whichever is earlier.
NAME :
Address :
Loan Account No.
File No.
Registration Date :
I / We hereby undertake to submit the Sale deed and the related documents, after
registration, to create a Valid Mortgage, within 60 days of execution of Sale deed or
issue of possession letter by builders / Occupation certificate, whichever is earlier,
failing which the Bank may charge Penal Interest @ 2% over and above the agreed
interest rate will be recovered from the customers for the delayed period on the entire
outstanding
For State Bank of.India
Asst General Manager
RACPC-111, Banaswadi
Signature of Customer

3. 0 State Bank of India
R.A.C.P.C. - Ill
GUIDELINES FOR REGISTRATION AND
LIST OF DOCUMENTS TO BE SUBMITTED AT
RACPC BANASWADI AFTER REGISTRATION
FOR NEW FLATS REGISTERED
1.< SALE DEED
2.r SALE AGREEMENT
3.' REGISTERED MOD (APPLICABLE FOR LOANS ABOVE 25 LACS)
4. I LATEST ENCUMBERANCE CERTIFICATE AFTER REGISTRATION
(FROM REGISTRAR OFFICE)
FOR REGISTERED PLOTS OR RESOLD FLATS
1. ALL THE ABOVE FOUR DOCUMENTS AND
2. ALL DOCUMENTS IN ORIGINALS FROM THE SELLERS AS LAID DOWN
IN TITLE INVESTIGATION REPORT BY LAWYER (LEGAL OPINION)
FOR TAKEOVER LOANS FROM OTHER BANKS :
1. LOAN CLOSURE LETTER FR0 M THE RESPECTIVE BANKS
2. ALL DOCUMENTS AS PER THE LIST OF DOCUMENTS HANDED OVER TO THE
CUSTOMER FROM THE PREVIOUS BANK.
MOD TO BE REGISTERED AND LATEST EC TO BE OBTAINED AFTER MOD
REGISTERED MOD (APPLICABLE FOR LOANS ABOVE 25 LACS)
NOTE:
1. SALE DEED TO BE REGISTERED FOR THE SALE VALUE AS AGREED UPON IN
THE SALE AGREEMENT AT THE TIME OF SANCTION.
2. THE REGISTRATION HAS TO BE DONE IN SINGLE OR JOINT NAMES AS
AGREED UPON IN THE SALE AGREEMENT, NO ADDITION OR DELETION
OF NAMES IS ALLOWED
3. ACKNOWLEDGMENT FOR THE RECEIPT OF DOCUMENTS AND THE MAXGAIN
ACTIVATION LETTER WILL BE GIVEN ON RECEIPT OF ALL DOCUMENTS.
PLEASE ACCOMPANY THE BUILDER WHERE THE BUILDER INSISTS TO
HANDOVER THE DOCUMENTS BY HIMSELF.