Hdfc loan cheque handover by lawyer

Nothing of sort; either the lawyer has mislead the manager (not likely) or the manager has some alternative motive.

Ask another bank manger about this & tell him as to why is this?

The cheque is your name or seller's name?

Probably M/s HDFC is not a member of IBA.

They are known to frame their own so called rules as per  their fancies.

Get your loan offer, brochure,loan application,loan agreement  and all so called T&C narrated in these examined by your lawyer.

Thanks all for the quick response.

Mr. Kapil Chandna - No, Branch Manager in Uttarakhand suggesting its a normal practise & all the cheques they issue will be handed over by Lawyer only.

Mr. Kumar Doab - Not sure HDFC is a member of IBA or not. The cheque is on seller's name. I requested HDFC to hand over the cheque directly to seller at the time of registry but should be given by HDFC employee as we are the concerned party. But Branch Manager is stick on his point. I am going to raise an RTI to RBI for this and get it clarified.

dont worry - that is usually a practice with some banks.

some banks have lawyers inhouse on their payroll .for handling property related matters,who themselves will acts as their representatives at times.

i myself went through when i had to cancel my equitable mortgage deed  with IOB after paying the loan,where in the bank sent over it  representative (lawyer)to get it cancelled..nothing to worry...who ever appears at the registration office had to provide their id proof and photo to get the formalities done..