my father has taken loan against property..he has paid the loan I want to know procedure for closure of loan?



tell me the procedure for closure of loan??
also tell bank will return orginial documents to whom as the owner of the property is no more..kindly tell me whole procedure…asap

thank you

my father has taken loan against property..he has paid the loan I want to know procedure for closure of loan?
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2 Replies to “my father has taken loan against property..he has paid the loan I want to know procedure for closure of loan?”

  1. you have to take clearance certificate from the bank manager and if your father is not alive, proof that you are the legal heir from the court or proof there of. Get the original documents and collaterals if given . If the property was mortgaged and registered, release of the mortgage from the subregistrar office.


  2. It’s better for you to consult a legal person specially lawyer which deals with land, property and loan issues. We have team of expert lawyers in India which can give you a best advice. Our associate lawyers, engaged for providing online legal opinion are highly experienced attorneys, with a minimum of 15 years of professional practice at the Bar in the Supreme Court. They are mostly home based, so overheads and charges are much lower in comparison. You can contact him online through website. Website info given below:





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