HOUSING LOAN AND BANK DOCUMENTATION AND UNDERTAKING EXECUTED BY THE BORROWER

HAVE YOU READ ALL THE CLAUSES AND CONDITIONS ON WHICH THE HOME LOAN HAD BEEN SANCTIONED TO YOU?

HAVE YOU EXECUTED AN UNDERTAKING OR AN AFFIDAVIT TO THE BANK REGARDING THE COMPLIANCE?

CHECK IT ONCE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THE UNDERTAKING EXECUTED BY YOU TO THE BANK?

WE ARE PUBLISHING ONE SUCH AFFIDAVIT WITH GENERAL CLAUSES EXECUTED ON OATH :

I, XXXXXXX, S/O/W/O, AGED ABOUT, RESIDING AT  XXXXXXXXXXXX, do hereby solemnly affirm on oath and declare as follows:

I am aware that a special condition is stipulated in the sanction letter for submitting an affidavit to the effect that there are no statutory violation and no violation of the bye-laws of the building society in the construction of the building.

In compliance of the above stipulation, I/we do hereby declare and undertake that I/We have verified all the records relating to the construction and declare that the built up house/flat is constructed is as per the sanctioned plan and in conformity with bye laws annexed to the plan.  I/We further declare that the building is constructed as per the sanction plan without violating the rules stipulated by Corporation/Municipality/panchayat or any other local bodies, who are competent to grant permission for construction of the flat/house.

I/we further declare that I/We are aware purchasing the building with our sole responsibility that there are no statutory violations and if it is discovered by the bank that the building constructed is not as per the sanctioned plan or is in violation of building bye-laws annexed to the plan, the bank shall have the power and authority to recall the entire loan with interest, costs and usual bank charges.