Notice of intimation after loan settlement

Devesh (Querist) 13 September 2026 This query is : Resolved
My father had taken loan from Hinduja Housing Finance in 2021. ‘Notice of intimation(NOI) regarding Mortgage of original title deed’ was e filed by Hinduja Finance through IGR Maharashtra portal. Entry visible on IGR website. My question is What happens to those NOI entry, once loan is settled and NOC received. Many say NOI is not a registered Mortgage Charge so release deed not required. Do we need to remove manually or removed by lender. What documents we need to receive from lender related to this entry.. Plz guide in this regard.

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Following a loan settlement with Hinduja Housing Finance, a user is seeking clarity on the status of a 'Notice of Intimation' (NOI) e-filed for a mortgage deed. They want to know if the entry on the IGR Maharashtra portal is automatically removed or requires manual intervention by the lender once the loan is fully paid and a No Objection Certificate (NOC) is received. The user is also inquiring about the necessary documentation from the lender and whether a release deed is required, as some suggest it's not a registered mortgage charge.

kavksatyanarayana (Expert) 13 September 2026
The Hinduja Housing Finance (the lender) may execute a deed of Release of Mortgage right. The stamp duty may levied at a nominal rates, as the stamp duty is a state subject.

P. Venu (Expert) 16 September 2026
The query pertains to procedure. Have you taken up issue with the Hinduja Housing Finance.

T. Kalaiselvan, Advocate (Expert) 16 September 2026
When a loan is taken via an Equitable Mortgage (Deposit of Title Deeds), Maharashtra state law under Section 89B of the Registration Act mandates filing a Notice of Intimation (NOI).
A Notice of Intimation (NOI) creates a permanent record in Book No. 1 and Index-II at the Sub-Registrar’s Office (SRO) indicating that a charge was created on your property. The SRO system does not automatically purge old entries upon loan closure.
Many people incorrectly assume that since NOI was filed (instead of registering a full Mortgage Deed), a registered Release Deed is not necessary. However, to reflect a clean title on your property’s Encumbrance Certificate (Index-II), a formal release/cancellation must be recorded with the SRO. Without a cancellation or release deed registered, future buyers or new lenders checking IGR Maharashtra records will still see the old mortgage charge as active.

Dr. J C Vashista (Expert) 18 September 2026
Very well explained, opined and advised by learned expert Mr. T Kalaiselvan. I concur.

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