InvestorQ : What are the documents required for the SBI restructuring facility and what is the last date to apply?
Priyanka Singh made post

What are the documents required for the SBI restructuring facility and what is the last date to apply?

Answer
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tanvi Patel answered.
4 weeks ago


You will need the following documents to avail the facility, scanned (in case you are applying online) or in physical form (if you are visiting the bank’s branch):

  • Salary slips for the month of Feb 2020 and current/latest salary slip (August/September 2020).
  • Letter of discharge of job (in case of job loss).
  • A declaration of estimated salary or income after the end of the desired moratorium period (maximum 24 months).
  • Declaration by self-employed/professionals/businessmen that their business/profession is affected by the COVID-29 pandemic.
  • Account statement of accounts where salary is being credited or statement of operating accounts of businessmen/professionals.
The last date to avail of the facility is 24.12.2020. Only those loan accounts existing on or before 01.03.2020.