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    Sample E-Sanction Letter

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    Tata Capital Housing Finance Limited has provided Mr. Rakesh Singh with an in-principle e-sanction for a home loan of ₹45,00,0000 for a property located in Mumbai. The loan has a tenure of 20 years at an interest rate of 8.50% floating. The monthly EMI would be ₹34,000. A processing fee of 0.20% exclusive of GST is applicable. The in-principle sanction is subject to verification of income, employment and property details, and is valid for 60 days, after which a final sanction letter must be issued.

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    Sample E-Sanction Letter

    Uploaded by

    sam
    2K views1 page
    Tata Capital Housing Finance Limited has provided Mr. Rakesh Singh with an in-principle e-sanction for a home loan of ₹45,00,0000 for a property located in Mumbai. The loan has a tenure of 20 years at an interest rate of 8.50% floating. The monthly EMI would be ₹34,000. A processing fee of 0.20% exclusive of GST is applicable. The in-principle sanction is subject to verification of income, employment and property details, and is valid for 60 days, after which a final sanction letter must be issued.

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    Sample E-sanction Letter

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    Tata Capital Housing Finance Limited has provided Mr. Rakesh Singh with an in-principle e-sanction for a home loan of ₹45,00,0000 for a property located in Mumbai. The loan has a tenure of 20 years at an interest rate of 8.50% floating. The monthly EMI would be ₹34,000. A processing fee of 0.20% exclusive of GST is applicable. The in-principle sanction is subject to verification of income, employment and property details, and is valid for 60 days, after which a final sanction letter must be issued.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2K views1 page

    Sample E-Sanction Letter

    Uploaded by

    sam
    Tata Capital Housing Finance Limited has provided Mr. Rakesh Singh with an in-principle e-sanction for a home loan of ₹45,00,0000 for a property located in Mumbai. The loan has a tenure of 20 years at an interest rate of 8.50% floating. The monthly EMI would be ₹34,000. A processing fee of 0.20% exclusive of GST is applicable. The in-principle sanction is subject to verification of income, employment and property details, and is valid for 60 days, after which a final sanction letter must be issued.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    In-Principle e-Sanction Letter

    Sanction Date: 26 / 07 / 2020

    Dear Mr Rakesh Singh

    We are pleased to inform you that based on your Online Loan Application to Tata Capital Housing Finance
    Limited (TCHFL) bearing Application No.: XXXXXXXXX we are offering you an in-principle e-Sanction based
    on the information provided by you, under the XXXXXXXXXXXXXX program. This in principle e-sanction for your
    loan is subject to the following terms and conditions mentioned hereafter against the following property/ies:

    Description of Property:
    (Address – Mumbai)

    Product: Home Loan


    Loan Amount: ₹ 45,00,0000 /-
    Loan Tenure: 20 Years
    Rate of Interest: 8.50 %
    Interest Type: Floating
    EMI: ₹ 34,000 /-
    Processing Fees: 0.20 % (Exclusive of GST)

    This in-principle sanction will be subject to the following Terms and Conditions:
     Satisfactory track record in respect of any other finance facility availed by you.
     Positive verifications with respect to your income, employment details, or any other relevant aspect of your
    proposal, as conducted by TCHFL.
     The ROI / PF is subject to revision in terms of the final sanction letter /loan agreement basis verification of
    your profile / property or otherwise.
     The final sanction may be issued to you upon your making available all necessary information and
    documents pertaining to the property and KYC documents in terms of the KYC-AML Policy of the company.
    The final sanction shall be subject to clear due diligence of the documents and information provided by
    you, payment of processing fees and your meeting the eligibility criteria set by TCHFL under its credit
    policy.
     The in-principle sanction shall stand revoked and cancelled in case any statement made / information /
    details provided by you in the application or otherwise is found to be misleading, incorrect or untrue.
     This in-principle sanction will automatically expire in 60 days from the date hereof and does not create any
    binding obligations on TCHFL to disburse funds till issuance of final sanction letter and providing the
    relevant KYC documents and the execution of appropriate loan and security documents, and till such time,
    the same may be cancelled without any prior notice.

    Yours truly,
    Tata Capital Housing Finance Limited
    This is a system generated sanction letter and No signature is required.

    For any assistance / query, you may contact us on 1860 267 6060 or write to us on contactus@tatacapital.com
    Tata Capital Housing Finance Limited
    Corporate Identity Number - U67190MH2008PLC187552
    Registered Office: 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013

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