Hello-sir

jiten (Querist) 04 February 2012 This query is : Resolved
sir i need your help regarding gift deed,i want to know that how much old gift deed required for bank lon....can u plese give me a some detsils.......

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Sailesh Kumar Shah (Expert) 04 February 2012
There is no requirement of age of gift deed to obtain loan. who says you to about this?????????

Devajyoti Barman (Expert) 04 February 2012
The Bank generally asks for current deed to deposit it before granting of loan.
As far as back deed is concerned if the same is registered then one can well apply for its certified copy.

Advocate. Arunagiri (Expert) 04 February 2012
You can obtain loan, immediately after getting the gift deed registered in your name.

No minimum period.

Raj Kumar Makkad (Expert) 04 February 2012
There is neither minimum nor maximum period of gift deed. Gift deed is just a way to transfer the ownership. If the same has been transferred, the donee becomes its owner and now it is upon bank to disburse loan to him or not but ownership of donee is complete and legal.

V R SHROFF (Expert) 04 February 2012
Pnce you are owner of property [ say by gift deed], you become eligible fr bank loan, Age of gift deed immaterial