ANNEXURE-B
(To be stamped as a Power of Attorney as per applicable State Stamp Act, within three months from the
date on which it is received in India)
POWER OF ATTORNEY
To All to Whom These Presents shall come, I/We__________________________________________,
______________________________________________________________________________________
___ ________________________________ ________________________________ (give full name &
address of NRI borrower(s). where there are more than one borrower, all the names & address should be
given)
WHEREAS State Bank of India, , HYDERABAD Branch/RACPC (hereinafter referred to as SBI) granted/
agreed to grant housing loan to the tune of Rs. ___________ / for purchase/acquisition of the property more
particularly described in the Schedule hereunder written (hereinafter referred to as the Scheduled property) -
to me/us vide Sanction Letter No……….......... dated ...................
AND WHEREAS to avail the housing loan I/We are required to execute the necessary documents and also
create a security by way of mortgage by deposit of title deeds, for the aforesaid housing loan,
AND WHEREAS I / We are not in a position to expeditiously execute the documents and create security in
favor of SBI and are therefore desirous of appointing some fit & proper person to act on my/our behalf and to
do all necessary acts and things in connection with the aforesaid.
NOW KNOW YE ALL AND THESE PRESENTS WITNESSETH THAT I / We do hereby nominate, constitute
and appoint Shri.___________________________________S/o._______________________________
________________________________,___________________________________ (give full name &
address of the attorney), whose photo- graph is pasted below, to be my/our lawful and true Attorney for the
purposes hereinafter expressed i.e. to say
1. To execute all the necessary agreements, deeds, documents in connection with the above referred housing
loan in favor of SBI in my/our name and for and on our behalf in such form as SBI may require and lodge the
documents with appropriate Statutory/ Administrative or other authorities where ever necessary.
2. To appoint Advocates, Solicitors in connection with the above and pay their remuneration.
3. To deposit the original title deeds with respect to the Scheduled property to SBI with an intention to create
security thereon as and by way of mortgage by deposit of title deeds and also to make a statement to the
above effect while delivering the title deeds for and on my/our behalf and subsequently confirm such deposit
of title deeds to SBI.
4. To apply for, appear and obtain necessary clearance and /or permission from the concerned authorities
concerning the Scheduled property, in connection with the above referred housing loan and submit the same
to the Bank where ever necessary.
5. To do all the necessary things and acts in connection with and/or incidental to the above stated matters
which my/our Attorney deems fit and necessary to do to effectuate the aforesaid.
Please paste the
photograph of the
Power of Attorney
Holder here
AND I/We, the above named______________________________, do hereby undertake to ratify whatever
the Attorney may lawfully do or cause to be done in and by virtue of these presents.
SCHEDULE
(Give detailed description of the property)
IN WITNESS WHEREOF, I/We, the above named have hereunto set my/our respective hands on
this ____________ day of ____________.
Signed, Sealed by the within named
Signature(s)
1. ___________________
2. ____________________ Before Me
Notary Public/Magistrate.
Note: The photograph of the Power of Attorney holder needs to attest by the executant of the Power
of Attorney.
