From: (Name & Address) Date: / /
Mr. / Mrs.
City :
To,
HDFC BANK LTD
Gujarat
Sub : Disbursement of Loan Ref File No:
Dear Sirs ,
I / We have been sanctioned a loan of Rs. .
I / We hereby request you to release installment of Rs. by way
(1st/2nd/3rd/...)
of cheque / demand draft. The Cheque for this disbursement should be drawn in favor of
, Account No. ,
(Builder / Seller / Co-operative Society) (Savings / Current)
, , and payable at .
(Name of the Bank) (Branch ) (Place)
I have verified the titles of my unit and assure HDFC Bank Ltd that the developers have not availed
any financial facility on the said scheme and HDFC Bank Ltd would get the first charge of the same
and, shall keep HDFC Bank Ltd indemnified at all times.
OR
The Developers have availed a Financial Facility from and a
Provisional / Final release of charge certificate from the Bank / Institution is attached herewith.
I / We would like to authorize Mr / Miss / Mrs to collect
Cheque & submit documents on our behalf.
The present stage of construction is . I / We are enclosing
herewith the following
1. Earlier receipts issued by the builder for the payments made by me
2. Demand letter from the Builder dated for Rs. .
OR
Architect's Certificate /Photographs .
I / We shall collect the Disbursement Cheque within a Week , failing which I authorize HDFC
Bank Lt d to cancel the Cheque.
I / We also undertake to submit the following to HDFC Bank ltd within 15 days :
1. Receipts issued by builder for the amount disbursed
Yours Faithfully,
( Applicant ) ( Co-Applicant )