STATE BANK OF INDIA OFFICERS' ASSOCIATION

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1 STATE BANK OF INDIA OFFICERS' ASSOCIATION [Chennai Circle] State Bank Buildings, Telephone : # 84, Rajaji Salai, Post Box No.1992, Fax : Chennai Telegram : "SUPSTAFF" sbioacc@yahoo.com sbioachennaicircle@gmail.com Website: Circular to All Unit Secretaries / Members: No. 56 /53 / th August, 2014 Dear Comrades, UNITY ENCLAVE HOUSING LOAN SANCTION AND FURTHER ALLOTMENT We are happy to inform that our SBIOACC- UNITY ENCLAVE housing project construction work has been started by Simplex Infrastructure Ltd., the construction company on 11/07/2014 after a small pooja at the venue. Today we visited the site to assess the progress. An Office has been set up by the builder as well as the Consultant at the site. One office is going to be provided for the Association. We have given a letter to the Government to provide labour permit. Labourers have already arrived and temporary accommodation for them is under construction at the 4.53 acres of land meant for sports( Part of UDS). Six JCBs are working at the site and excavation is in full swing. Few photographs have been uploaded in our Association website sbioacc.com. As the construction works progress, we have to pay the initial mobilization advance to the Construction Company M/S Simplex Infrastructure Ltd. You are aware that the project has already been approved by the Bank and a new Branch Station Road Branch, Egmore is identified for processing the loans. Com. R. Ravishankar is the Branch Manager ( ). Com. L.T. Santharam, Manager PB, Kallakurichi Branch of our Bank has developed a software in Excel format for processing the loans. We have already mailed the Excel format to the volunteers whose names are annexed herewith. The software is available in our website sbioacc.com. You can check with the volunteers or visit our website and verify the 1

2 quantum of your eligible loan amount by keying in your PF Number and salary details in the software. One more Branch, Tambaram Town has been identified by the Bank to speed up the sanction of loans. Com. S. Santhi, Zonal Secretary ( ) is the Branch Manager of the Branch. Our Bank s housing loan product is the cheapest in the market, well known for its transparency and has no hidden charges. As the project is approved by our Bank, processing of loans will be hassle free and easy, if the loans are availed from our Bank. We have also written to SBI Life Insurance to reduce the interest premium for the Housing Loan Insurance RINRAKSHA to those who would like to have a insurance policy. Hence, we request all our comrades to contact our volunteers for all your loan needs, either staff loan or Public loan in the name of your family members. We attach herewith a check list for different category of loans for your convenience. The payment schedule submitted by our builder, M/S Simplex Infrastructure Ltd. and wetted by our PMC M/S Sai Consultancy Ltd. is listed for your reference. SL NO DATE PAYMENT TO BE MADE 1 JULY bhk Rs lac 1 bhk Rs lac 2 DEC bhk Rs lac 2/2.5 bhk Rs lac 1 bhk Rs lac 3 JUN bhk Rs lac 1 bhk Rs lac 4 DEC bhk Rs lac 1 bhk Rs lac 5 JUN bhk Rs lac 2/2.5 bhk Rs lac 1 bhk Rs lac 6 FEB bhk Remaining amt 2/2.5 bhk -- Do bhk -- Do ---- We have already paid an advance amount of Rs. 9 crores to M/s. Simplex Infrastructure Ltd towards part of mobilization advance. The balance amount of the mobilization advance has to be paid immediately. We therefore request you to pay Rs lacs for 3 BHK, Rs lacs for 2 / 2.5 BHK and Rs lacs for 1 2

3 BHK as second installment before 20/08/2014 by way of DD in favor of SBIOA(CC)- Housing Project. Comrades, some more flats are available for allotment to our members who are interested to join the scheme. Details are given below. 1 BHK 40 flats, 2 BHK 13 flats, 3 BHK 20 flats, 2.5 BHK 80 flats. Those who are interested can send an to sbioacc@yahoo.com. With greetings, Comradely yours, (D. THOMAS FRANCO RAJENDRA DEV) GENERAL SECRETARY State Bank of India ANNEXURE -1 HOME LOAN SALES TEAM, CHENNAI Personal Details Required to avail housing loan: SALARIED NRE BUSINESS 1. 3 months salary slip months bank statement years Form Copy of Office ID Card-front and back years employment proof. 6. Address proof, ID proof and Date of Birth Proof. 7. PAN card copy Passport size photographs. 9. Existing Loan Statement for 1 year 10. All the Xerox copies of the documents should be self-attested 1. 3 months Salary slip months bank statement (foreign) and 6 months Statement of NRI a/c maintained in India. 3. Work permit-visa permit and work contract. 4. Address proof. 5. Copy of Office ID Card-front and back. 6. Passport copy 1 st, 2 nd and last page. 7. Previous employment details, if the present job is not more than 3 years Passport size Photographs. 9. ID Proof and Address Proof of Power of Attorney Holder with POA form as per SBI Format 10. Existing Loan Statement for 1 year 11. Credit Information report of the country 12. All the Xerox copies of the documents should be self-attested 1. 6 months bank statement Years IT returns 3. Address proof, ID Proof and Date of Birth Proof. 4. PAN card copy Passport size photographs. 6. Business profile 7. 3 years balance sheet of the company 8. Upto date sales figure 9. Certificate of incorporation, articles and memorandum of understanding. 10. Existing Loan Statement for 1 year 11. All the Xerox copies of the documents should be self-attested 3

4 FOR NRE: (ALL THE ABOVE NEED TO BE ATTESTED BY A NOTARY or at INDIAN EMBASSY or SBI BRANCH SITUATED AT THE PLACE OF EMPLOYMENT) 1. Power of Attorney (as per State bank of India specified format). The POA should be attested either in Indian embassy/ or by a Notary Public) and then it should be adjudicated in India at the Registrar Office. 2. Company Profile-either from the company or can be downloaded from company website. For Staff Loan. 1. Latest HRMS salary Slip 2. Photo 3. Form Latest PF statement from HRMS 5. Address proof 6. PAN card Xerox 7. Copy of previous staff HTL sanctioned letter (if already availed). ANNEXURE -2 Housing Loan Co-ordination Committee SL NONAME DESIGNATION CONTACT NUMBER 1 SRI.M PANDIARAJ AGM, BPR, LHO CHENNAI SRI. R S RAJU AGM, VIG, LHO CHENNAI SRI. S SRIRAMAN ITS, LHO CHENNAI SRI.M SWAMINATHAN OAD, LHO CHENNAI SRI. A MURUGAN CM, OB CHENNAI SRI.S NATARAJAN COMML BR, CHENNAI SRI. T MOHAN RBO, CHENNAI SRI. R RAMASUBRAMANIANMANAGER, NANGANALLUR SMT. P. MUTHULAKSHMI SMECCC, AMBATTUR SRI. SCS SUNDARRAJAN HLC COORDINATOR, CHN

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