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Renny thomas (System Analyst)     07 August 2010


i am trying to get a loan from a bank, but i losed my property documents. so i can give my relatives property documents to the bank for the security with permission?


 2 Replies

M.S.Bhalerao (advocate)     08 August 2010

For Education Loan, No mortgage is required up to certain limit . This as per Govt./ RBI guidelines.  Proerty of a guarantor can be mortgaged to secure the loan.

pranjal Dongaonkar (Practice)     15 September 2010

Yes. definitely. U can take Certified copies of your documents as well.

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