A borrower who has mortgaged their property to secure a home loan is obliged to submit a Notice of Intimation to the Sub-Registrar's office. The Sub-Registrar is made aware that the property has been mortgaged and that the lender has a claim to it until the loan is repaid.
To safeguard the interests of both the borrower and the lender, a Notice of Intimation is necessary. It guarantees that the property won't be sold without the lender's consent and gives the lender the right to sue the borrower for loan failure.
No, unless specifically stated in the contract, the NOI is not required when applying for a house loan. It would be ideal to file it within 30 days of the mortgage's closing date if it is not specified in the agreement.
The filing of the Notice of Intimation is the borrower's obligation, not the lending institutions'. In order to prevent any issues, borrowers must make sure they register the contract and submit a Notice of Intimation within the allotted time.
Following the disbursement of the initial loan amount, the Notice of Intimation for Home Loan must be submitted within 30 days.
YOBROKERS is a Government Authorized Service Provider (ASP), to facilitate eFiling of Notice of Intimation at Client's Doorstep, using the Aadhaar Biometric Validation. You can call us or raise inquiry through our website.
SBTR / Stamp Papers / Franked for Deposit Memorandum, Photocopy of title deeds with bankers stamp and signature, Passport-sized photograph, Accepted Sanction Letter (photocopy), PAN Card, Index-2, Notice Of Intimation regarding mortgage, Copy of Deposited Documents, Original letter from the bank.
Yes, you can Call \ WhatsApp our support team @ +91-97642 80781 , our executives will assist you immediately.
Draft Agreement PDF is Provided even before taking advance Amount.
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