RBI/ 2009-10/75 DBOD. No.DIR. (HSG). BC.08 /08.12.01/2009-10 July 1, 2009 09 Aashada , 1931 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Master Circular on HOUSING FINANCE. Clause 12 clearly directs and specifies that OCCUPANCY CERTIFICATE must be obtained from the concerned authorities. Otherwise, the home loans sanctioned MUST BE RECALLED WITH CHARGES. 12. … Continue reading Delhi High Court Order and the RBI Directions.