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HL/
Mobile No. _____________________________
Form No. : HBL/NGIF/1
E-Mail Id.______________________________
Official Address_________________________
______________________________________
APPLICATION FORM FOR GRANT OF HOUSE BUILDING
LOAN FROM NGIF

PassPort
Size
Photograph

1. Name ___________________________________Rank___________No. _______________

2. Date of Birth ______Date of Commission/Enrollment___________Type of Commission___
3. Date of Retirement/Release____________
4. Marital Status ________________________
5. Father's Name __________________________________________________________________
6. Permanent Home Address
_______________________________________________________________________________
_______________________________________________________________________________
7. Correspondence Address
_______________________________________________________________________________
_______________________________________________________________________________
8. Basic Pay,Grade Pay & MSP_______________________________________________________
9. Total Emoluments_______________________________________________________________
(Attach latest copy of statement of entitlement)
10. Bank Details
(a) Name of the beneficiary ________________________________________________________
(b) A/C No.___________________________(c) IFS Code_______________________________
(d) Bank Address________________________________________________________________
11. PAN No.____________________________
12. Particular of Housing Loan, if availed (Even if sanctioned in principle, the amount of loan and
amount repayable every month should be indicated)
(a)
Govt. House Building Advance
(i)
Loan Amount _______________________________________________
(ii)
Amount Drawn ______________________________________________
(iii)
Rate at which being repaid/to be repaid ____________________________
(b)
(c)

Whether applied for/intend to avail Govt. HBA ___________________________

Other Sources
(i)
Name of Institution & Address
_________________________________________________________________
_________________________________________________________________
(ii)
Loan Amount ________________________________________________
(iii)
Rate at which being repaid/to be repaid per month ___________________
(iv)
13. Amount available in DSOP/AFPP Funds _______________________________________
(Attach documentary proof)
Contd2/-

Particulars relating to Loan

14. Give the following information, if the loan is needed for
Construction of a new house :
A. Details of the Plot :
Location
with
Address

Rural/Urban

Is it clearly
demarcated
&
Developed

Approximate
area in Sq
mtrs

(a) Cost
(b) Amount
actually
paid

Unexpired
protion of
lease if not
free hold

B. Estimate for construction and loan amount :

Floor wise area to be
constructed

Estimated cost

(a) Amount
already spent
(b) Amount of
loan required

Max.No. of
installments (EMIs)
for repayment
desired

15. If loan is required for purchasing an under construction or ready built house/flat directly from
AFNHB/State Govt/Builder/Society or through Resale
Location
with
address

Plinth
area

When
constructed/
expected
date of
completion

Price
settled/estimated
cost

The
Agency
from
whom to
be
purchased

Amount
(a)already
paid
(b)to be
paid

Amount
of loan
required

Max. No. of
installments
(EMIs) for
repayment
desired

16. Give the following information, if the loan is needed for

Addition/alteration/modification /Enhancement for house owned by the member :Location
of house
with
address

When
constructed

Construction
with RCC
/Cement/Brick

(a) Approx
Area
(b) Reason
for loan

Estimate
Cost

Amount Max. No. of

of loan
installments
required (EMIs) for
repayment
desired

Note : In case of enhancement or seeking loan under Addition/Alteration the member will be
governed by the latest interest applicable in NGIF on additional amount as well as outstanding amount.
Contd3/-

16. Maximum monthly amount as EMI which can be repaid towards liquidation of loan by the
member is : Rs.___________
17. State the plan for meeting the cost of house (Savings/DSOP/Loan etc.)
(a) ________________________________________________________________
(b) ________________________________________________________________
(c) ________________________________________________________________
Declaration
1. I solemnly declare that the information furnished by me in reply to the various items indicated above is
true to the best of my knowledge and belief.
2. I have read the rules regulating the grant of housing loan for the NGIF for construction/purchase of
house/flat etc. and agree to abide by the terms and conditions stipulated therein from time to time.
3. The full cost of the house/flat has not already paid by me.
4. I shall ensure that the house/flat is insured against fire, flood, lighting, earthquake and rioting till the
loan and interest are outstanding as per rules of NGIF.
5. I give my consent for attachment of my DCRG/NGIF Survival Benefits for obtaining HBL from
NGIF, in case the quantum of loan works out less than the amount applied and for keeping EMI within
my repayment capacity.
6.I hereby certify that a fresh certificate will be rendered as and when a change in the particulars

of Next-of-Kin takes place.

7. I hereby give my consent that in case I seek enhancement of loan under any clause then the latest
prevailing interest rate on the additional amount as well as the outstanding amount will be levied on me.
Ship/Establishment
Date:
(Signature of the applicant)
To be completed by the CO/Head of the Department
I have scrutinized the application of the applicant and have satisfied myself of the correctness of facts
etc. stated therein. My recommendations are as follows:The loan amount as applied for, may be granted to the officer/sailor, as his/her repaying capacity to
liquidate the loan together with interest could/could not be relied upon.
Ship/Estb:

(Signature and Designation)

------------------------------------------------------------------------------------------------------------------------------For Office use in NGIF

Date
Amount applied for :
Managing Committee Approval :
Paid vide :

Amount sanctioned :

Installments :

Form No.: HBL/NGIF/2

(On Non-Judicial stamp paper of minimum value stamp paper as available in state where purchased}
FORM OF AGREEMENT TO BE EXECUTED AT THE TIME OF
DRAWING LOAN BY A MEMBER FOR CONSTRUCTING
A HOUSE/PURCHASE OF A READY-BUILT HOUSE.
AN AGREEMENT MADE THIS ..day of ......................Two
thousand and..........hundred and..between..... son
of....... at present serving as(hereinafter
called 'the Borrower', which expression shall unless excluded by or repugnant to the subject or context
include his heirs, executors, administrators and legal representatives, of the one part rand the Naval Group
Insurance Fund(hereinafter called 'the NGIF' which expression shall unless excluded by or repugnant to
the subject or context include his successors in office and assigns) of the other part. Whereas the
BORROWER
desires
to
*construct
house/*
purchase
a
ready-built
house
at................. described in the schedule here to agreed and
Whereas the Borrower has under the provision of the Rules framed by the NGIF to regulate the grant of
loan to members for building etc., of houses
(hereinafter referred to as the "said rules", which
expression shall, where the context so admit, include any amendment thereof or addition
for the time being in force) applied to the NGIF for a loan of Rs for construction of a house/ *purchase
a ready built house as aforesaid and the NGIF has sanctioned an advance of
Rs.. to
the
Borrower, vide NGIF letter
No dated a copy of which is annexed to these presents for
the purpose aforesaid on the terms and conditions set forth there in Now it is hereby agreed by and
between the parties hereto as follows:
(1) In
consideration of the sum of Rupees (insert amount of the first installment) to be paid by
the NGIF ~after the execution of this agreement and the sum of Rupees (insert balance amount to be paid)
to be paid by the NGIF to the Borrower as provided in the said rules, the Borrower hereby agrees with
NGIF.
(a) to repay to the NGIF the said amount of Rupees '...:...(Insert
full amount sanctioned) with interest calculated in accordance with the said rules for the time being in
force by (number to be filled monthly installments of Rupees from his pay commencing from
the month of nineteen hundred and
(or from the month following the completion of the house,
whichever is earlier) and the Borrower hereby authorities the NGIF /NAVPAY to make such deduction
from his monthly pay, leave salary and subsistence allowance bills.
*(b) (i) Within three months from the date of the receipt of the aforesaid advance of
Rs(Rupees. ) to expend the - aforesaid
amount in the purc4ase of the said ready-built house failing which the borrower shall refund forth-with of
the NGIF the entire amount of loan received by him together with interest thereon unless an extension of
times is granted by the NGIF.
*(ii) to complete construction of the said house within eighteen months of strictly in accordance with the
plan and specifications approved by the Government and on the basis of which the amount of loan is to be
computed and sanctioned finally or within such extended period as may be laid down by the NGIF.
(2) To execute a document mortgaging (equitable mortgage) the said house/land along with the house to
be built thereon to the NGIF as security for the amount loaned to the Borrower under these presents as
also for the interest payable for the said amount.
( 3) *If the house is not purchased and mortgaged ( equitable mortgage) within three months of the
drawl of the advance or within further time as the NGIF may allow in this behalf/* If the borrower
fails to complete the construction of the said house as herein before agreed, or if the borrower becomes
insolvent or quits the service of the Government or dies, the entire amount of advance together with
interest accruing thereon shall immediately become due and payable to the NGIF.
( 4) The NGIF shall be entitled to recover the balance of the said loan with interest remaining
unpaid at the time of his retirement or death preceding retirement from the whole or any specified part of
the gratuity/ amounts that may become payable from NGIF or other post retirement benefits directly or
through NPO.
Contd2/-

(5) I hereby undertake that consequent to grant of loan at any point in future, if the flat is not
completed/handed over to me, due to failure on part of the builder or any other reason , I would be held
responsible for losses arising thereof and will not hold NGIF responsible for any issue.
(6) Any Enhancement of Loan amount as per my request in writing due to any reason and if such
request is accepted by NGIF in writing, then I would abide to clear my outstanding loan along with
prevailing rate of interest to NGIF.

SCHEDULE ABOVE REFERRED TO

In
witness
whereof
the
borrower
has
hereunto
set
his
hand
and
Shrifor and on behalf of the NGIF has hereunto set his hand.
Signed by the borrower .
(Signature of the Borrower)
In the presence of --...
1st witness.
Address : ...

Occupation.
2nd Witness ..
Address.
..
Occupation : .
Signed by Shri ..and on behalf of NGIF
In the presence of : ) ..
lst Witness : ...
Address - ...
Occupation
2nd Witness : .
Address : ...
Occupation

*Strike off whichever is not applicable

FormNo.:HBL/NGIF/3
(On Plain Paper)

Letter of Authorization to IHQ/MOD(N)/NGIF for recovery of Loan

1. I Personal No.______________Rank_______________Name___________________hereby
authorize NGIF/NAVPAY, in the event of my becoming non-effective in Indian Navy that for
any reason, Retirement or Invalidment to pay Naval Group Insurance Fund on behalf , an
amount equivalent to the Housing Loan outstanding in my loan account and as intimated by
NGIF/NAVPAY out of my DSOP/AFPP Fund account, Encashment of leave DCRG/Terminal
Benefits balance as and when such DSOP/AFPP Fund account or IRLA is finalized or adjust
against Survival Benefits, as applicable.
2. In the event of my pre-mature retirement from Service, I will refund the outstanding HBL to
NGIF directly before my pre-mature retirement.
3. I hereby certify that a fresh certificate will be rendered as and when a change in the particulars
of Next-of-Kin takes place.

Signature:________________________
Name:________________________
Rank:___________P.No.________
Unit
:___________Date__________
Witness 1___________________________
Name
:_________________________
Rank
:___________P.No._________
Address :_________________________
_________________________________
Witness 1___________________________
Name
:_________________________
Rank
:___________P.No._________
Address :_________________________
_________________________________

NOK
PassPort
Size
Photograph

I have no objection to what is

Stated by my__________(relation)
Sig of wife/NOK
Name_______________________
Relation_____________________
Age_________________________
NOKs Occupation_____________
Date ________________________

Countersigned

Commanding Officer/Officer in-Charge

----------------------------------------------------------
NOK
PassPort
size
photograph

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Form No.: HBL/NGIF/4

AFFIDAVIT
(on Plain Paper)

Affidavit of ____________________________________________ wife/son/daughter of

___________________________resident of ___________________________ aforesaid
solemnly affirm and say as follows:
1. I/We have no objection to assigning of interest in the insurance cover and
survival benefits by my wife/husband/ father____________________________ as a member
of Naval Group Insurance Fund to Naval Group Insurance Fund, New Delhi for obtaining
a loan towards the construction of the house/purchase of a ready built house at
______________________________________________________________________.
2. We fully understand and accept that in the payment of Insurance money/survival
benefits from Naval Group Insurance Fund the assignee, Naval Group Insurance Fund,
New Delhi will have priority over me/us.
3. My/Our date/dates of birth is/are _______________& ______________ respectively
(Strike off whichever is not applicable)
Place:________
Signature (1)_____________
Date_________
(2) ____________
(Deponents)
I/We/Mr/Miss/Mrs ______________________ wife/son/daughter of'________________
______________________Indian Navy, aforesaid solemnly affirm and say that the fact
mentioned in paras (1) to (3) above are correct to the best of my/our knowledge and nothing is
false therein and nothing material has been concealed
thereform,
Place:
Signature (1)_____________
Date
(2) _____________
(Deponents )
Witness
1. __________________________
(Name & Address) 2. __________________________

Countersigned

Commanding Officer/Officer in-Charge

Note: In case of minor children, the Ist witness could be father as the natural and legal
guardian. The second witness could be maternal/paternal grand parents or the
children's mother's sister/brother as a safeguard.

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Form No. : HBL /NGIF/5

PRE-RECEIPT
1. Received from the Secretary, Naval Group Insurance Fund Naval Headquarters, New Delhi a
sum of Rs_____________ (Rupees_____________________________________________only)
on account of 1/I1/I1I* installment of House Building Loan.
2. I hereby authorize the Secretary NGIF to pay the above mentioned amount to
builder/AFNHB(Scheme)/Self _____________ by (date,) _____________under intimation to
me.
3. I also authorize LO i/c, NPO, Mumbai to recover the loan and the interest thereon through my
IPA.
Signature: _____________
(To be signed over one Rupee Revenue Stamp)
Name : ________________
Rank : ________________
P.No. : _______________
(Mandatory Information of Applicant)
Bank Name Address:_____________________
_____________________
_____________________
Bank A/C No.:
_____________________
Bank IFS Code:
_____________________

Countersigned

CO/Head of Department.

*Delete whichever is not applicable.

Note: Following Documents should reach this office positively at least 30 days prior to date of
payment of each installment:Self Construction Cases : Pre-receipt with original bills of the previous payment made
alongwith construction stage status.
Builder Cases : Pre-receipt with demand letter issued by the builder indicating
information like stage of construction amount to be released, DD made in favour of and
payable at .
AFNHB/Housing Board : Pre-receipt with copy of installment call letter from
AFNHB/Housing Board.

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Form No. : HBL/NGIF/6

(Specimen for Government Pleader's/Sub-Registrar/Tehsildar)
CERTIFICATE
It is certified after investigation from the records of the Sub-Registrar_____________
and the relevant revenue and court records for last 13 years from_________________
to__________________________ and from the information gathered from the sworn declaration
made by_____________________ and _________________________that
the Plot No. _______________measuring __________sq. yds. at_____________ limits
of _____________is the absolute property of Shri.________________________son of Shri.
_________________________________and not a joint family property. The said property is
free from encumbrances and attachments and Shri___________________
has a clear and marketable title to the property.

Place: Office Seal Government Pleader/

Date: Revenue authority

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Form No.:HBL/NGIF/7

UNDERTAKING
(If Unmarried)
I____________________P.No.____________________have applied for NGIF housing loan for a
purchase of a flat at__________________from______________________.
I hereby certify that a fresh letter of Authorization form No.3 and Affidavit Form No. 5 will be rendered
as and when a change in the particulars of next-of-kin takes place.
Additional information required:Whether member has any ancestral house in his name
_____________________________________________________________________________
Details of Family members who will reside in newly purchased/constructed house
_____________________________________________________________________________
Likely date of Marriage
_____________________________________________________________________________

Signature : ___________________
Name : ______________________
Rank :_______________________
Dated:_______

P.No. :______________________

Countersigned

CO/Head of Department.

FormNo.:HBL/NGIF/8

Draft of letter to be written to the CNS (NHQ/DPA) by the loanee.

(To be Submitted with the application)
Obtaining housing loan from Naval Group Insurance Fund by Creating Second Change in
their favour by 'Equitable Mortgage'
Rank, Name & Number
Date:________________
The Chief of Naval Staff(DPA)
Naval Headquarters
New Delhi

Ship/Establishment_____________

Sir
I have been sanctioned Govt. HBA amounting to Rs.__________________________ by
____________________ vide NHQ Letter No. ____________________________ dated
______________I would execute the Mortgage in favour on the President of India and deposit
the deeds of title of the property and Mortgage deed with the NHQ (DPA) as per terms of the
HBA Rules.
Naval Group Insurance Fund whom I have approached for an additional housing loan by
creation of second charge In terms of the Govt letter No. AFIHA/03135(P)INHQ/ 9291D (N-II)
dated 26 May 88 and the Rules framed by the NGIF, have consented to advance loan
amounting
to
Rs
______________
(Rupees_________________________________
________________________only ). I hereby convey
my consent to agree and
undertake to abide by the following conditions in this regard:(i)
The said documents of title shall be transferred to Naval Group Insurance Fund by
the Mortgage on behalf of this Mortgagor and that shall be held and retained by the
said financial institution only as a second Mortgage subject and subordinate to
the rights of the President of India as first Mortgagee;
(ii)
Naval Group Insurance Fund shall not at any time or for any reason part with
such title deeds without written consent of the Mortgage first, had and obtained and on
such conditions as may be imposed by the said Mortgagee at its discretion.
(iii) After at any time, the said financial institution ceases to be second Mortgagee of the said
premises, the said financial institution shall be obliged to return the said title deeds to the first
Mortgagee only, on behalf of this Mortgagor whether or not any demand in this behalf is made
by that Mortgagee.
(iv)
The said financial institution shall produce or cause to be produced the said title deeds as
and when required by the first Mortgagee for any reason whatsoever
regardless of
whether the said proposed second Mortgaged due to be in existence or otherwise discharged on
the understanding that as soon as the purpose is served the same shall be returned by the
Mortgagee to the financial institution to be dispensed subject to these conditions.
Contd2/-

2
(v)
Nothing in these provision shall be construed to create any financial or other obligations
or liabilities in the first Mortgagee, vis-a-vis, the said financial institution or shall in any
manner after, abridge or abrogate the rights of the said Mortgagee, who shall always be and
continue to be the paramount Mortgage.
I now request you to please grant me permission to raise loan on said second charge in
favour of NGIF and to transmit the deed of title to NGIF on my behalf under intimation to me, so
as to enable them to release the loan of (Rupees______________________
_______________________________) to me by creation of any 'Equitable Mortgage' in this
manner.

Yours faithfully,
Signature ______________
Complete address: (Office) ________________________________________________
(Residence) ____________________________________________________________

Form No.:HBL/NGIF/9
Place:
Date :
The Secretary
Naval Group Insurance Fund
Room No. 124, A Wing
Sena Bhawan,Integrated Headquarters
Ministry of Defence(Navy)
New Delhi-110011
Draft NO OBJECTION CERTIFICATE
to be obtained from the Builder on its letterhead
Dear Sirs,
Permission to mortgage flat No.____________ on the floor on the building proposed to be
named as/ named as ______________________ situated at ___________________________.
This is to confirm that we have sold flat No. ____________________ admeasuring _________
sq. ft. (carpet/built up area) on the ___________ floor of the building proposed to be named
as/ known as ___________ situated at ______________ under construction/ constructed by us
to Mr./Mrs./Ms. _________________ for a total consideration of Rs. _____________(Rupees
________________________________________________) under an Agreement for Sale dated
_________________________.
We confirm that we have obtained necessary permissions/approvals/sanctions for construction
of the said building from all the concerned competent authorities and the construction of the
building as well as of the flat are in accordance with the approved plans. We have not made
any sub divisions in the flat after the plans have been approved by the Municipal Corporation.
The flat is meant for residential purposes as per the sanctioned plan.
We assure you that the said flat as well as the said building and the land appurtenant thereto
are not subject to any encumbrances, charge or liability of any kind whatsoever and the entire
property is free and marketable. We have a clear, legal and marketable title to the said property
and every part thereof.
We are aware that the said Mr./Mrs./Ms. _________________has approached Naval Group
Insurance Fund for a loan for purchasing/acquiring the said flat and that you have agreed to
sanction/grant the loan to Mr./Mrs./Ms. _________________ to purchase/acquire the above flat
and Mr./Mrs./Ms. _________________ has agreed to mortgage the said flat in your favour as
security for the said loan. We hereby confirm that we have No Objection to Mr./Mrs./Ms.
_________________ mortgaging the said flat to you/ in favour of your security trustee by way
of security for repayment of the said loan.
AND Notwithstanding anything to the contrary contained in the said Agreement for Sale we
hereby agree to note your charge in our books in respect of the said flat and Mr./Mrs./Ms.
_________________ will not be permitted to cancel transfer, assign sell off or in any other
Contd2/-

2
way/ manner deal with the said flat prejudicial to the interest of Naval Group Insurance
Fund with the prior written consent of Naval Group Insurance Fund. We undertake that as
soon as the registration formalities are completed, we would inform Naval Group Insurance
Fund.
We also confirm on record that we have/ have not availed any type of loan for
(Construction/Purchase of land) loan towards this project_________________________. If
mortgage to any bank/Financial Institution then following details are as follows :i)
ii)
iii)
iv)

Loan Amount
Name of the bank
Bank account number
Bank IFS Code

We also undertake to inform and give prior notice to the co-operative housing society as and
when formed, about the flat being so mortgaged.

Yours faithfully

For___________________ (Builders)

(Signature)

Form No.:HBL/NGIF/10
Place:
Date :
The Secretary
Naval Group Insurance Fund
Room No. 124, A Wing
Sena Bhawan,Integrated Headquarters
Ministry of Defence(Navy)
New Delhi-110011
Draft NO OBJECTION CERTIFICATE
to be obtained from the Society on its letterhead
Dear Sirs,
Re: Flat/Plot No. ___________ of Mr./Mrs./Ms. _________________ in the building called of
the ____________________ Housing Society Ltd. Situated at _______________________.
This is to confirm that the above society is registered under No. __________________ dated
__________ . The Sale Deed/ Lease Deed dated ___________ in respect of the land bearing
Plot No. ______________ has been executed in favour of the society under Registration No.
___________ dated ____________ and as such the society is the owner of the said plot of land
and the building thereon.
The society has allotted/transferred/agreed to transfer the above flat/plot to Mr./Mrs./Ms.
_________________. We confirm that Mr./Mrs./Ms. _________________ is a bonafide member
of the society.
We undertake to submit the deed documents to Naval Group Insurance if not already done,
once it is registered in favour of this allottee and received from the concerned authorities.
We Hereby assure you that the said flat/plot, as well as the said building and the land
appurtenant thereto are not subject to any encumbrance, charge or liability of any kind
whatsoever and that the entire property is free and marketable.
We Further confirm that we have a clear, legal and marketable title to the said property and
every part thereof, and that all taxes and dues in respect thereof have been paid upto date.
We confirm that there are no restrictive/negative covenants in the Byelaws/Rules of the above
mentioned society concerning the transfer of shares/members interest in the society and other
related matters.
We, hereby confirm and agree that we have No Objection to Naval Group Insurance giving
a loan to the said allottee/transferee/proposed transferee and his/her/their mortgaging the said
flat/plot to you by way of security for the loan.
We also inform you that the share certificate/s have been issued/transferred to the said
allottee/transferee.
Contd2/-

2
We confirm you that we undertake to comply with the provisions of the Apartment Ownership
Act and the Rules therein as applicable to the society.
We also confirm on record that we have/ have not availed any type of loan for
(Construction/Purchase of land) loan towards this project_________________________. If
mortgage to any bank/Financial Institution then following details are as follows :i)
ii)
iii)
v)

Loan Amount
Name of the bank
Bank account number
Bank IFS Code

We have noted the aforesaid lien on the property. We undertake that as soon as the
registration formalities are completed, we will inform Naval Group Insurance Fund.
Yours faithfully,

Authorized Signatory
(Secretary/Chairman/President)

Form No.:HBL/NGIF/11
The Secretary
Naval Group Insurance Fund
Room No. 124, A Wing
Sena Bhawan,Integrated Headquarters
Ministry of Defence(Navy)
New Delhi-110011
NO OBJECTION CERTIFICATE (ADDITION & ALTERATION)
Dear Sir,
1.
As required by__________________________________________, we are furnishing
the following information:-

3.

(a)
(b)
(c)
(d)
(e)
(f)

Name of the Applicant

:
Loan Sanctioned
:
Loan Disbursed
:
Tenure of the loan
:
Loan outstanding as on_____ :
Property Finance
:

(g)

:
:

EMI

_________________________
Rs.______________________
Rs.______________________
________________months
Rs.______________________
________________________
________________________
________________________
________________________

We have the following property documents in our custody as security for the loan:(a)
(b)
(c)
(d)

4.
___________________________________(Name of Financial Institution/Bank) has no
objection to create 2nd charge on the property (equitable mortgage) in favour of NGIF and they
undertake to pass on the title deed and other documents to the NGIF on liquidation of loan
sanctioned by them without reconvening to the member, in original.
Yours faithfully,