1. How can I make my mom-in-law to provide NOC?
2. How can I get succession certificate to get the original document from bank. I am sure, my in-laws will not leave any gap to create problem for me.
3. Is there any way to take it up with Bank? Bank can pay thier money to them(i will pay to bank) and give me the doc.
You need not take NOC from your MIL and give it to bank. I tell you the way.
You allow the loan account to become NPA. Bank will initiate SARFAESI proceedings against you as you are co-obligant/surviving borrower. Tell the bank to sell off property by fixing Reserve price through a private treaty to the person shown by you. The person shown by you will be your son. Bank will sell the property to your son through private treaty and as borrower you will have no objection to it. Bank does not require NOC of your mother to sell mortgaged property through SARFAESI proceedings.
Remaining 75% amount will be recovered by bank by appropriating the sale proceeds to loan account. It will issue a Sale certificate in favor of your son in accordance with Security Interest (Enforcement) Rules, 2002. Loan is repaid and your property will never be touched by your MIL too.