From Mr.

Nishanth Nelson
The Branch head Sweet Home, Chayakudy Lane,
SOUTH END ROAD (7398) Thiruvananthapuram,
Bank Of Baroda (Erstwhile Vijaya Bank) Kerala-695024
Email:visout@bankofbaroda.co.in
BOB/VJSOUT/2020-21 02-03-2023
Dear Sir/Madam,
Re: In Principie Sanction for Housing Loan
Thank you for choosing Bank of Baroda India's International Bank for a Home Loan.
We refer to your loan application for availing a Home loan.
We are pleased to inform you that based on the information and details furnished
by you in your application, we are agreeable in principle to sanction you the
Housing loan of Rs.2,70,00.000/- subject to compliance of other terms and
conditions applicable to Home loans.
Housing Loan
Name of facility Term Loan
Amount of Loan Rs.2,70,00,000/- (Rupees Two Crores Seventy lakh only)
Purpose Purchase of House
Rate of Interest Floating Rate 9.40 % (Subject to CIBIL Score)
Repayment period 26 YEARS
Margin : 25%
Security EM of Property
Subject to following conditions:
1) Loan amount has been arrived by our bank based on the present prevailing
interest rate and CIBIL score as on date which is subject to change as per
prevailing terms and conditions and closure
existing Loans reflecting in CIBIL
and Equifax report.
2) The "In-Principle" approval shall be valid for 3 months from date of issue
3 The actual sanction of the loan will be
subject to:
 documents in respect of proof
Verification of original
identity/residence/income and properly.
clearances (legal opinion by our empanelled
Legal and lechnical
advocate, valuation report by Our empanelled valuer, pre-sanction
etc..) and all other rules of the
inspection to the satisfaction of the bank
Bank gOverning Home Loans, as applicable from time to time. The
decision of the Bank in this regards shall be final.
Creation of valid Equitable mortgage over the land/house/flat as the
case may be.
Favourable Valuation Report acceptable to Bank
4) ROl will be applicable as on the disbursement.
5) ROl s subject to change based on the CiBIL Score on the date of sanction.
6) Actual sanction amount may vary based on the property Cost and Margin
Norms.
7) if Liability insurance availed ROl concession of .05% will be provided on
applicable RO!.
Please Note that yoU Cannot demand above mentioned Home Loan as a matter
of Right. The Bank has only examined your eligibility for Home Loan and Bank's
decision shall be final in respect of acceptance of property as security for Home
Loan.
Disbursement of loan will be made after completion of formalities mentioned in
the sanction letter and after execution of necessary documents by you. Please
quofe our in principle reference number in all your future correspondences.
Yours Faithfully
T AE TyTar / For Bank of Bároda
c h i e f Manager
TT KE YMG, TTT-560 004
Sout Road Br. pengaluru - 560 004
KChief Mchager