Hi,
Needed to clarify one thing. My father owned a 60*40 plot and we had constructed a house in 1981. The plan is to demolish the house and build 2 independent houses ( one above teh other) for me and my brother.
For this, my father has gifted the property using undivided share of land, and we have now 2 registered gift deeds - one for me ( ground floor) and one for my brother ( first floor). Both me and my brother had taken a home loan for construction from canara Bank. Documents deposited with them were
- original sale deed of the property ( in my father's name)
- registered gift deeds ( in my and my broithers name)
- EC
- Khatha extracts
Query:
- I want to transfer my home loan to a different bank due to higher interest rate that i am paying now. The original bank ( canara bank) will not give the "sale deed that is in my fathers name" to the new bank as my brother continue to have the loan there.
- Is it sufficient if i have the following documents : Original registered Gift deed, Khatha, EC, and certified copy of the sale deed
Please advise.
