Gift deed query


My mom has a gift deed of immovable property on her name. Will the bank consider this as collateral security for education loan.
 
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CEO

If the gift deed is properly stamped and registered it is a valid collateral. Kishor Mehta
 
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Yes, if gift deed is duly stamped and registered then your mom is absolute owner of property and bank will definitely consider it collateral security.
 
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