Home Loan: Take these two documents immediately after completion of home loan, even a small mistake can cause big loss | News India – ..
5 mins ago
Business
It is everyone’s dream to have their own house. Many people work very hard for this. Collect a lot of money.
But many people are not able to save enough money to buy a house. Such people fulfill their dream of buying a house with the help of a home loan.
Many banks and non-banking financial companies provide home loans. With this, anyone can fulfill their dream of buying a house.
When you take a home loan, it has an EMI, which you have to repay for a certain period. While taking a home loan, you also have to submit some documents to the bank.
When you take a home loan, it has an EMI, which you have to repay for a certain period. While taking a home loan, you also have to submit some documents to the bank.
And the second document is the encumbrance certificate which you get from the registrar’s office. It states that there is no encumbrance on the property now. This certificate is useful when you sell the property in the future.
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