Checklist on identification and physical verification of the underlying properties Annexure - F

Physical verification of the properties mortgaged to the Bank must be meticulously carried out in
cases of all loans as detailed below.

Name of the Branch / Business Unit : Ambajogai Road, Latur (15088)

Name(s) of the Inspecting Officials : Mr. Chaitanya Pore

Name of Valuer & Date of Report : Mrs Laxmi Mundhe

No Parameters Details Check CSO/Field RM/Branch

. ed Officer/ Head / Unit
(Y/N) Authorise Head
d Officer
1. Name of the title Mrs Laxmi Mundhe Y Y Y
holder of the
property(ies)
2. Whether Borrower Y Y Y
Borrower(s) or
Guarantor(s)
3. Constitution of the Single Y Y Y
Borrower(s)/Guara
ntor(s)
4. Description of TVSR, VALUATION, Y Y Y
documents
scrutinized
5. Description of Plot No 2 out of Land Y Y Y
property(ies) Survey No 275/B of
Address Latur corresponding
M.C Property No 893
situated at
Bhagwanbaba Nagar,
Latur

Survey / Door No. Sy No 275/B Y Y Y

Extent 2500 Sq Ft. Y Y Y
Location Near Bhagwanbaba Y Y Y
Nagar
Boundaries East:. Plot Belongs To Y Y Y
T.N Karande
West : 25 Ft Wide Road Y Y Y
North: Plot Belongs to Y Y Y
Shri Wadkar
South: 20 Ft Wide Road Y Y Y

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Checklist on identification and physical verification of the underlying properties Annexure - F

6. Location details Near Bhagwanbaba Y Y Y

Nagar
7. Prominent Near Bhagwanbaba Y Y Y
Landmark Nagar
8. Nearest Bus stop Y Y Y

9. Details of enquiries We have made Y Y Y

made with independent enquiries
neighbours about the said property
regarding and Valuation found to
ownership / be genuine &
valuation acceptable.

10. Critical aspects to be verified -

Properties to be accepted as security only if the answer is “Yes” to the Y/N

following:Particulars
i) Is / Are the property (ies) identifiable? Y
ii) Is / Are the property (ies) properly demarcated? Y
iii) Is / Are the property (ies) accessible from the main road? Y
(The property should be legally accessible through normal carriers to
transport goods to factories / houses, as the case may be.)

11. Extra care to be taken, if the answer to the following is “Yes” and proper mitigation /
justifications to be provided.
S. Particulars Y/
No. N
i. Is / Are the property (ies) “Agricultural Land”? N

ii. Is/Are the property (ies) used for running Hospital/ School/ College/ Old age N
homes?
iii. Is / Are the property (ies) situated in SEZ/EPZ/Forest /Coastal area? N

iv. Is / Are the property (ies) tenanted before date of mortgage? N

v. Is the Bank’s interest protected if the property (ies) is/are tenanted? NA

vi. Is / Are there encroachments on the property (ies)? N

vii. Is/ Are the area of the property (ies) and its boundaries are the same as given Y
in the Title deed?
viii. Will there be any impact on future realisability of properties due to existence N
of

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Checklist on identification and physical verification of the underlying properties Annexure - F

the neighbouring properties (e.g. burial ground etc)

12. Extra care to be taken, if the answer to the following is “No” and proper
mitigation / justifications to be provided.

i) Is/Are the Property (ies) in possession of

the Owner/ Title Holder? YES

IF No, then Justification / Mitigation - N.A.

Certificate
We confirm that we have personally visited the property to be accepted as
Mortgage on and certify that the details given in the TIR / property
documents conform to our finding.
a. We have enquired the price of the property in the area and we found that
our valuations are in line with the trend and are reasonable.
b. We confirm that physical verification of the property has been conducted by
us independently and a photograph (e.g. selfie) of the property has been
taken as integral part of inspection and kept it with security documents.
Digital date has been imprinted on the photograph.
c. We confirm that there will be no issues in enforcing our security based on
the information available as on date.

CSO / Field Officer / RM / Branch Head /

Authorised Officer Unit Head
Signature

Name MR. CHAITANYA PORE (1011411 ) MR. VISHNU AMBERKAR (4499263)

Designation FIELD OFFICER BRANCH MANAGER

Branch / Unit AMBAJOGAI ROAD LATUR BRANCH AMBAJOGAI ROAD LATUR BRANCH
15088 15088

Date

Ambajogai Road Latur (15088) – Mrs Laxmi Mundhe Page 3 of 3