New Nri Poa For Idbi

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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 loan/s under the various schemes of IDBI Bank Ltd. as also any further or additional
loan/s to IDBI Bank 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 IDBI Bank and to give any statement, letter, clarification
or any other writing required or necessary for availing of the said loan/s from IDBI Bank 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 IDBI Bank or agree with IDBI Bank 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 any property/ies he/she may book/purchase on my behalf or which I might have
booked/purchased (whether with or without IDBI’s financial assistance) with IDBI Bank by
deposit of Title Deeds as security for the repayment of the loan/s granted to be granted by IDBI
Bank to me.
6. To deposit on my behalf the documents of title and to state on my behalf to any Officer of IDBI
Bank 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 creation of the said security.
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 IDBI in respect of the said loan/s.
9. He/she is also authorised to execute in favour of IDBI Bank an irrevocable power of attorney
authorising IDBI Bank to execute in its own favour or in favour of any other person, as IDBI
Bank 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 Registrar/ Sub-Registrar of
Assurance or an other authority as may be required for the purpose.
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 IDBI
Bank 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 in my name both resident as well as
non-resident. The account may be operated in India currency or foreign currency to be remitted
by me from time to time.
17. He/She is also authorised to assign life insurance policies taken on my life, IDBI bank as
collateral securities for the loan/s granted/ to be granted to me.
18. 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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GENERAL POWER OF ATTORNEY

KNOW WE ALL MEN BY THESE PRESENTS THAT I ………………………………

10. To acknowledge my liabilities/ debt in respect of the loan/s.

Date: Signature of Applicant.

Specimen signature of Attorney

Name of Attorney ………………………………….

Signature of Notary Public: ………………………..

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