: Typically addressed to the Assistant General Manager of the specific SBI branch. Date and Location : The specific branch and date of execution. Lien Declaration
: Ensure the correct names of the Borrower (the person/entity taking the loan) and the Landlord (the owner of the storage space) are listed. Verify the Location bs 79 form pdf verified
The BS 79 form is a formal declaration by a landlord regarding premises (godowns or warehouses) leased to a borrower who has pledged goods to the bank. Key functions include: Lien Recognition : Typically addressed to the Assistant General Manager
The (or B.S. 79) is a specific legal document primarily used by the State Bank of India (SBI) as a Lien Acknowledgment Letter . It serves as a formal agreement between a landlord and the bank when a borrower leases storage space (a "godown") to secure goods against a bank loan. Core Function of BS 79 Verify the Location The BS 79 form is