Bs 79 Form Pdf Best
The BS 79 Form (often referred to as B.S. 79) is primarily a Lien Acknowledgment Letter used by the State Bank of India (SBI) in its Small and Medium Enterprises (SME) lending processes. It serves as a legal confirmation from a landlord or godown owner that the bank holds a prior lien on goods stored within their premises. Purpose of the BS 79 Form
“I/we hereby confirm that the above-listed title deeds have been voluntarily deposited with the lender as continuing security for the payment of all sums now or hereafter due.” bs 79 form pdf
Address to the Branch: Ensure the letter is addressed to the correct official, such as the Assistant General Manager of the branch handling your loan. The BS 79 Form (often referred to as B
Submission: The completed BS 79 form, fingerprints, and proof of payment are sent to the Criminal Record and Crime Scene Management office in Pretoria. 💡 Pro-Tips List any additional documents attached, such as a
Step-by-Step Guide: How to Fill Out the BS 79 Form
Accuracy is paramount when filling out this form. Errors can delay your final salary payment, gratuity, or pension. Here is a breakdown of the typical sections:
Panel 8: Evidence Supplied
- List any additional documents attached, such as a certified copy of the charge instrument.
Information Entry: Fill in the date, the specific branch of the bank, and the landlord's contact details.
Panel 7: Fee Payment
- State the total fee paid. Check the current Land Registry scale fee. For most residential charges, it is around £20-£40 (subject to change).
