UNDERTAKING IN THE SHAPE OF AFFIDAVIT
I/We Mr…………………. S/O Mr………………… is the Owner/Partner of M/s …………..
ENTERPRISES situated at ………………..., Punjab do hereby solemnly declare and affirm as under:-
1. Mr……………..S/O Mr……………………. residing at House No:- ……………………... is/are the
owner of property mentioned as under:-
Property Measuring having Plot Area ……………...Marla/Sqy/Acre/Sqmt/Sqft comprising under
Khasra no. ………………………………..situated at ……………..., Tesil and District ………………..
2. That are the below mention directions as per site & as per sale deed bearing wasika no. ……….
dated ……………..
Scenario A. For Properties having only Direction or Dimension in deed
Directions/ Dimension As per Sale deed As per Site
North Rasta Road …..wide & Dimension
South Others Actual Neighbour Name &
Dimension
East Others Actual Neighbour Name &
Dimension
West Rasta Road …..wide & Dimension
Scenario B. For Properties having Generic Direction and Dimension in deed
Directions/ Dimension As per Sale deed As per Site
North Rasta…… wide & Dimension. Road …..wide & Dimension
South Others/Neighbor & Dimension Actual Neighbour Name &
Dimension
East Others/Neighbor & Dimension Actual Neighbour Name &
Dimension
West Others/Neighbor & Dimension Actual Neighbour Name &
Dimension
3. That the dimensions as per site/valuation report mentioned above are true and correct if any
consequences arise due to above changes I shall be liable for the same and bank can take possession
over the property in question under SARFAESI ACT, 2020.
4. That in case of I failed to adhere the financial discipline and norms of the bank, the bank shall be at
liberty to recover its dues by selling the captioned property under section 13(2) of the securitization &
reconstruction of financial assets and enforcement of security interest act, 2002.
5. That I shall abide by all the terms & conditions of the bank.
6. That the documents supplied by me before the advocate regarding my title in Above mentioned
property are genuine documents and in case any defect or tempering is found in the Title/Sale,
Jamabandies. I shall be fully responsible for the same and if anything found is incorrect, wrong of
forget in my above said property document then Bank/Advocate may get the registration of FIR U/s
463/464/467/468 IPC against me or my Associate found then the bank would I have every right to
initiate criminal proceedings against me.
7. That I deponent undertakes to indemnity the bank for any loss/harm or injury caused to bank due to
miss match of areas of land, boundaries & dimensions.
8. That now I intend to deposit the title deed of above said property with ICICI Bank ltd ………..., with
an intention to create an equitable mortgage on the same as security for the limit granted to me.
9.That the property mentioned above is outside Muncipal Corporation limits but the said property is a
non- agriculture property . All the condition regarding regularization have been compiled with by the
deponent and further deponent undertakes to pay any charged levied by the Government from time to
time regarding the property in question.
10. That all the documents pertaining to the above said property are genuine and valid documents.
11. The property is neither been acquired nor is the subject matter of any acquisition proceedings. No
notice or notification has been issued by any Government / Semi Government Authority or Department
or Corporation for the purpose of acquiring the above said land or any such notice or notification has
ever been received ever been received by the deponent till date.
12. If the deponent make any default in the payment of the dues to Company, then the company will be
at liberty to take action against the deponent and the property under the securitization and
reconstruction of financial assests and enforcement of Security Interest Act. 2002 including taking of
the possesion and selling of the above said property.
13.Further, I/We declare that I/We will not transfer/sell any part/ portion of the said property without
taking written consent of the lender.
14. Complete Chain of Deed:
a) From A To B.
b) From B To C, continuation..
15.Additional Details:
a. Municipal or Authority number if any:
b. Electricity/ Water connection number if any:
c. Last Tax paid if any:
VERIFICATION: DEPONENT
Verified that contents of the Affidavit are correct to the best of my knowledge and belief and nothing
has been concealed by me. In case of any concealment or misrepresentation legal action may be taken
against me. Such action can be taken under Section 182 IPC, Section 145 read with Section 417 and
case may be.
Signature & Verified at DEPONENT
<Location> on ______________
Detailed layout plan along with Dimension & Directions and detailed route map are attached
along forms an integral part of this affidavit.
Customer Photograph in front of the Property to be mortagage.
