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DMG (P)     10 November 2011

Bank loan

I have a flat given by my father and has sale deed  for rs 20 only

How do I get bank loan  for renovation.Kindly advice for the required documents



Learning

 3 Replies

adv. rajeev ( rajoo ) (practicing advocate)     10 November 2011

you have to produce the sale deed, nil encumbrance certificate, property extract etc., to the bank.  If the bank legalk advisor gave his favourable report then you will get the bank loan.

Piyush Vaishnava (Advocate)     11 November 2011

i do agree with adv. rajeev.

mahesh (student)     18 November 2011

if a person buys land from government ( after government takes the land under the ULC Act and allot to the people), what proceedure he has to follow to get the rights over the property? how does he get the title deeds transfered on his name? can he mortgage the property with the bank ?


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