Part Disbursement Request Form
Part Disbursement Request Form
Date:
Place Loan A/c No.
Customer Name
Property address
Disbursement Details
Builder demand/requirement (if self-constructed) `
I have submitted original builder demand letter/requirement letter (if self-constructed).
I/We hereby authorize bank to disburse an amount of ` as per below:
RTGS/NEFT/Transfer
Beneficiary Name
Bank Name
*Information to Borrower:
• In every demand raised by the builder, customer will have to make payment towards his own contribution (e.g.- If the Property value is 10 Lakh ,
3 lakh is your contribution and Loan amount is 7 Lakh For every demand that builder raised for part of 7 lakh, customer will also pay part of 3 lakh).
• Customers also need to submit his/her contribution payment receipts along with disbursement request form.(Please ignore this if your own
contribution is paid upfront and receipts are already submitted)
Customer Declaration
• I/We hereby declare that the above particulars and information given in the form are true and correct. I have submitted original receipts of my
payment to builder/developer/ towards self-construction along with this request.
Yours Faithfully,
Signature Applicant / POA holder Signature Co-Applicant 1/POA holder Signature Co-Applicant 2/POA holder
For more details on Part Disbursement, visit Axis bank website for FAQ’s or Call us on 1860-419-5555/1860-500-5555 (local charg es apply)