Photo
With Signature
GENERAL
POWER OF ATTORNEY
KNOW
WE ALL MEN BY THESE PRESENTS THAT I ……………………………… SON/DAUGHTER OF ……………………………………………. AT PRESENT
RESIDING AT ………………………………………………………………………… DO HEREBY APPOINT AND CONSTITUTE
………………………………………….
……………………………………………..W/O. SON /DAUGHTER OF ………………. ………………………………………………….
(Hereinafter called “attorney” who has subscribed his/her signature hereunder
in token of identification) and at present residing at ……………………………………………………………………………………………
to be my lawful attorney in my name and on my behalf to do any one or all of
the following acts, deeds and things, namely:
1. To apply for any kind of Loans/Financial
facilities from any BANK/FINANCIAL INSTITUTIONs, as also any further or
additional loan/s to ANY BANK/FINANCIAL INSTITUTIONS for such amount as the
attorney may deem fit and for that purpose to pay the processing fee/s and sign
the loan application/s in my name and on my behalf and to furnish all the
details and information required by ANY BANK/FINANCIAL INSTITUTIONS and to give
any statement, letter, clarification or any other writing required or necessary
for availing of the said loan/s from ANY BANK/FINANCIAL INSTITUTIONS and from
time to time to follow up the said loan application/s and do such other things
and deeds and may be necessary in relation thereto.
2. To accept the loan offer
letter/s and sign the acceptance/s there of in token of my acceptance of the
terms and conditions there in contained and to pay on my behalf the necessary
fees if any and other charges livable in respect of the said loans.
3. To request ANY
BANK/FINANCIAL INSTITUTIONS or agree with ANY BANK/FINANCIAL INSTITUTIONS for
any change or modification in the loan amount/s, rate/s of interest period of
repayment of loan/s or any other terms and conditions in relation to the loans
at any time or from time to time.
4. To receive the disbursement
of the said loan/s and for that purpose give effectual discharge and give all
the necessary information and documents to assist the Technical and Legal
appraisal of the property/ies purchased/to be purchased with the help of
loan/s.
5. To mortgage, to execute
documents regarding any property/ies he/she may book/purchase on my behalf
(whether with or without any bank/financial institution’s financial assistance)
with ANY BANK/FINANCIAL INSTITUTIONS or can act a Guarantor for the facilities
availed/to be availed by any other 3rd party and can deposit Title
Deeds as security, for the purpose of mortgaging the same and for the repayment
of the loan/s granted to be granted by ANY BANK/FINANCIAL INSTITUTIONS to me or
to any other 3rd party.
6. To deposit on my behalf the
documents of title and to state on my behalf to any Officer of ANY
BANK/FINANCIAL INSTITUTIONS that the said documents are being deposits for
creating a security on the said property/ies by way of equitable mortgage of
repayment of the said loan/s. The
attorney is fully authorised to make these statements and convey my intentions
to create security on my said property/ies or any other property/ies he/she may
book/buy on behalf.
7. He/she is further authorised
to make any other statements necessary to create equitable mortgage by deposits
of the title deeds and also to execute any writings, undertakings, indemnities,
etc., on my behalf in respect of mortgage of the said property/ies or the
guaranteeing of the repayment of the said loan/s or any other writing
whatsoever required in respect o the said transactions of the loan/s granted/
to be granted to me or to any other 3rd party without any prior
consent or creation of charge infavour of said bank/financial institution
against the said security on my behalf.
8. He/she is also authorised to
execute loan agreement/s, promissory notes, letter/s of declaration and
indemnify of such other documents as may be required by said Bank/Financial
Institution in respect of the said loan/s.
9. He/she is also authorised to
execute in favour of ANY BANK/FINANCIAL INSTITUTIONS an irrevocable power of
attorney authorising ANY BANK/FINANCIAL INSTITUTIONS to execute in its own
favour or in favour of any other person, as ANY BANK/FINANCIAL INSTITUTIONS in
its sole discretion may decide, legal mortgage in any form including in the
English form of the property/ies.
10. To acknowledge my
liabilities/ debt in respect of the loan/s.
11. To book a flat/s residential
unit/s on my behalf and to execute Agreement/s for sale for the same with any
builder/seller and make payments to him there for and to present such
Agreement/s for registration before the appropriate Registrar/ Sub-Registrar of
Assurance of the place or any place in India as may be necessary.
12. To admit execution of the
Agreement/s for sale before the Sale
13. To obtain possession of the
flat/s unit/s as and when the same is ready for occupation.
14. To receive loan/s and all
other documents including title documents on my behalf from ANY BANK/FINANCIAL
INSTITUTIONS and executes receipts/ thereof.
15. To sign forms, documents and
papers required for the purpose of registration of Co-operative Housing Society
or a Limited Company or an Association of Apartment owners and become member
thereof participating in all the meetings and proceeding from time to time,
obtain share certificates and/or other documents issued in my name and hold the
same as my attorney and obtain possession of the flat/s.
16. To open and/or operate Bank
account in any Bank in India India
17. He/She is also authorised to
assign life insurance policies taken on my life, ANY BANK/FINANCIAL
INSTITUTIONS as collateral securities for the loan/s granted/ to be granted to
me.
18. By this deed I hereby
confirm that the GPA dt.___________, which was duly executed by me earlier and
registered by me before the Office of Sub-Registrar, ____________ District of _________________
state, India; infavour of _________________________, aged about ___ years,
resident of _____________________________________________ was cancelled and the
same is null and void from this date onwards.
19. This power of Attorney I
given for the reason that ……………………………………. ………………………………………………………………………………………….
…………………………………. And he/she is authorised to do all such acts, deeds and things
including signing any papers/ documents as are necessary and incidental to that
above AND that any act or statement or writing of my said Attorney in pursuance
hereto shall be deemed to be fully authorised and rectified by me.
Place:
Date: Signature
of Applicant.
Specimen signature
of Attorney
Name of Attorney
………………………………….
Address of Attorney
………………………………..
………………………………………………………
Signature of Notary Public:
………………………..
……………………………………………………..
Name and Address
…………………………………
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