Deposit of title deed

It is compulsorily registrable doucment 

A BORROWER CAN RAISE LOAN AGAINST IMMOVEALE PROPERTY BY MERELY DEPOSITING THE ORIGINAL TITLE DEEDS OF HIS PROPERTY WITH THE BANK.REGISTRATION IS NOW COMPLUSORY.IT IS A FORM OF CREATION OF CHARGE.ALL OTHER CONDITIONS OF LOAN ARE AS USUAL,THERE IN NO CONCESSION.

Dear Rajeev/Vasant, Thanks for reply. However I have just doubt, whether mere depositing of title deed documents with Bank or any lender is enough for creating a charge.? Or it is like these documents also needs to be registered at appropriate authority in order to create a charge?

Because what I was told by one banker is that there is a stamp duty of 0.2% of loan amount + registration fees of 1% on same as the value of loan is Rs. 12Lac.