FAQs

Life Insurance

01 Jul 2003

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You must submit an application in the prescribed form available for Rs.5/- only along with

  • A non-refundable processing fee of Rs.100/- if the loan amount applied for is Rs.1 lakh. Any sum higher than Rs.1 lakh requires a processing fee of Rs.250/-
  • A true copy of the building plan sanctioned by the local authority and certified by a qualified architect or civil engineer.
  • If employed, your employers' certificate in the prescribed proforma, both for yourself and your guarantors. In case you and your guarantors are self-employed then certified copies of your income tax returns or assessment orders with statements of income over the last three years are necessary.
  • An attested copy of the title deed or agreement for sale along with a detailed title investigation report mentioning the root or abstract of title in chain for a minimum period of 15 years given by the solicitor or advocate of the builder or the society.
  • An allotment letter, where the housing cooperative society is already registered indicating the details of the flat or house and its estimated cost.
  • Detailed item-wise estimate about the cost of construction from a qualified architect in case of a house. In respect of loans for flats, receipt of the sub-registrar about lodging of the agreement, copies of the receipts made to the builder or society.

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

AMFI Registered Mutual Funds Distributor | ARN-52619 |Validity: 20/08/2027