What is this service?
Documentation recording the deposit of title deeds as loan security.
Most bank home loans are secured by an equitable mortgage - the borrower deposits the original title deeds with the lender. Where a Memorandum of Deposit of Title Deeds is executed, stamping and registration requirements depend on its contents and current law - confirm the position for your document before execution.
Why and when you need it
- Why
- It records how and when the title deeds were deposited, protecting both borrower and lender.
- Who needs it
- Home loan and loan-against-property borrowers and their lenders.
- When
- When a lender creates an equitable mortgage by deposit of title deeds.
Required documents
- Original title deeds of the property
- Loan sanction letter
- Identity proofs of the depositor
- Khatha and latest tax receipts as the lender requires
Identity and supporting documents
- PAN card of each applicant or party
- Aadhaar card or another government photo identity and address proof
- Passport-size photographs
- For companies and associations: incorporation documents, board resolution and authorisation letter
Step-by-step procedure
- Confirm the lender's documentation requirements
- Prepare the memorandum or deposit record as required
- Complete stamping or registration where applicable
- Collect an acknowledgement listing every document deposited
Fees, stamp duty and timelines
- Government fee
- Government fees, where applicable, are paid only on the official portal or at the government office. Confirm the current amount on the official portal before payment.
- Assistance charges
- Professional assistance charges are quoted after understanding your requirement. Government fees and SRCHN service charges are always shown separately. Confirm the final quote before work begins.
- Processing time
- Processing time varies by office and case. No completion timeline is guaranteed.
Government fees and SRCHN assistance charges are always kept separate. Nothing here is an invented price - confirm current amounts on the official portal or with our team before paying.
Legal requirements
- Transfer of Property Act, 1882 - mortgage by deposit of title deeds
- Karnataka Stamp Act, 1957 - stamping depends on the document's contents
Common rejection reasons
- Incomplete title deed chain
- Missing originals the lender requires
Important cautions
Always take a written list of the documents deposited
On loan closure, collect all originals and complete any release formalities
FAQs
Does an equitable mortgage need registration?
A mere deposit of title deeds does not by itself require registration; a separate memorandum may attract stamping or registration depending on its contents. Confirm for your specific document.
