Original title deed for certificate from appropriate revenue authority regarding ownership and non-encumbrance of the land.
Sanctioned construction plan.
Delete items if not applicable.
Conditions
(14)
I undertake to comply with the following conditions:
(i) The amount of advance shall be utilised for the purpose applied for.
(ii) If the amount of advance is in excess of the actual expenditure incurred for the purpose for which the advance was granted the excess shall be refunded to the Fund within 30 days of the finalisation of the purchase or completion of the construction or completion of the additions to the dwelling-house as the case may be.
(iii) If the advance is for construction of dwelling-house, the construction shall be commenced within six months of the withdrawal of the first instalment and completed within six months of the final instalment.
(iv) If the advance is for the purchase of a dwelling site or house, the purchase shall be completed within six months of the withdrawal.
(v) The amount of the advance shall not be utilised for constructing a dwelling-house on land which is not owned solely by me.
(vi) The amount of advance shall not be utilised in purchasing a dwelling site or house which is not free from encumbrances and which is a share in a joint property.
(vii) Such title deeds, plans, other documents and information related to the intended purchase, construction or addition as may be called for by Commissioner from time to time shall be furnished to him on demand.
(viii) A declaration in the form prescribed by the Commissioner shall be furnished to him immediately on finalisation of the purchase or completion of the construction or addition to the house.
(ix) If the purchase or construction for which the advance is granted does not materialise or if there is any breach of the conditions specified herein or in the EPF Scheme the entire amount of the advance together with interest thereon at the rate of 6-1/4% per annum shall be refunded to the Fund.
(15)
I declare that—
(i) I have not taken any advance from the Fund under Paragraph 68-C of the EPF Scheme.
(ii) The dwelling site/house intended to be purchased out of the advance applied for is free from encumbrances and is not a share in joint property.
(iii) Without the further advance now applied for the construction already commenced cannot be completed/the additions which are essential cannot be made.
(iv) I am the sole owner of the land on which I intend to construct a dwelling-house out of the advance applied for.
(v) I have not taken any advance from the Fund under Paragraph 68-B/68-B(5).*
(vi) All requirements of the local authorities in connection with the intended construction/purchase have been satisfied.