Bank avoiding to release security papers even clearing full

Please ensure that you do not have any other direct or indirect liability with the Bank.

When you do not have any liability whatsoever with the bank, it is their bounden duty to release all the security documents including the title deeds deposited with them for creating a mortgage.

Write with full details to the head office of the bank, preferably by Registered Post A/D (not by courier) and preserve the acknowledgement. Give a reminder likewise after one week from receipt of acknowledgement.

Still no response from Bank or resolving the issue ie. release of title deeds to you, file a complaint against the bank before the Banking Ombudsman who shall issue notice to bank and resolve the issue. For more details as to how to file complaint, go the website with the help of following link:

https://www.rbi.org.in/Scripts/FAQView.aspx?Id=24 (click)

Repeated query:

https://www.lawyersclubindia.com/forum/details.asp?mod_id=131999&offset=0

Query repeated 4 times.

Just issue a Registered notice to Bank first, informing the date of closure of the account and request for returning of the documents offered as security for the borrowed amounts. In that notice inform Manager that you will be constrained to report the matter to Banking Ombudsmnan and RBI if documents are not made available within a week.

(Before that please check whether for cancellation of mortgage, any amounts are payable direct to sub registrar as official fees)

Admin to the site please note that this person Bharat is misusing the forum by repeatedly posting the same question. The above question is recorded in his profile inthe following link:

https://www.lawyersclubindia.com/profile.asp?member_id=339683

Please take suitable action.

under section 60(a) of Transfer of property Act, if you have redeemed the mortgage security then you are entitled to get back your title deeds.

If the deeds are not yet returned, issue legal notice under CP Act demanding compensation for harassment.

Approach DCDRF