Mortgage loan

Arijit Roy (Querist) 15 July 2014 This query is : Resolved
Hi Experts,

My ancestral house is partitioned in between my father and uncles. Construction isn’t change. I am only son in my family however I have cousins. Partition is registered and also mutation is completed. Now if I go for mortgage loan , will it considered by bank?

Rgds///Arijit

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Devajyoti Barman (Expert) 15 July 2014
If the property is physically partitioned by way of partition deed, the bank can consider it for loan.

Arijit Roy (Querist) 15 July 2014
Hi,

It is physically petitioned. Walls are constructed in between every partitioned. Which bank should I approach ,any suggestion?

Rgds///Arijit

Rajendra K Goyal (Expert) 15 July 2014
Bank, if satisfied otherwise, would give mortgage loan.

ajay sethi (Expert) 16 July 2014
approach any nationalised or pvt sector bank

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