My dad paid off our Home Loan, but he’s unable to pick up the original property documents by the given date, is that going to be a problem?

Community Forums Legal Advice India My dad paid off our Home Loan, but he’s unable to pick up the original property documents by the given date, is that going to be a problem?

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    • #48182 Reply
      User_f4109d0a
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        User_f4109d0a
        PARTICIPANT
        February 23, 2025 at 7:12 pm
        My dad is out of town and the bank’s congratulations letter says he has to pick up the documents by next week but might not be able to be back in town. It mentions at the bottom of the letter that it would be returned to the central storage facility and that he can request it later. This shouldn’t be a problem, right? I am quite oblivious to how things work. I am sorry for this embarrassing question, just checking. Rather be safe than sorry, thanks.

      • #48184 Reply
        User_5ec9e70a
        Participant
          U
          User_5ec9e70a
          PARTICIPANT
          February 23, 2025 at 7:20 pm
          wont be a problem
          one can collect the documents whenever we want

          if your dad applies to collect and the bank delays then they pay you amount from their pocket
          (post 30 days if not returned then i read somewhere 5k a day or month idr)

          • #48187 Reply
            User_f4109d0a
            Participant
              U
              User_f4109d0a
              OP
              March 1, 2025 at 10:29 am
              Talked to the bank, it’s all good! Thanks

          • #48183 Reply
            Megaprashant4593
            Participant
              M
              Megaprashant4593
              PARTICIPANT
              February 23, 2025 at 9:15 pm
              Call up the bank and ask them to reschedule the handover as you are out of town.

              • #48186 Reply
                User_f4109d0a
                Participant
                  U
                  User_f4109d0a
                  OP
                  March 1, 2025 at 10:29 am
                  I did that, thank you!

                • #48185 Reply
                  User_f4109d0a
                  Participant
                    U
                    User_f4109d0a
                    OP
                    March 1, 2025 at 11:20 am
                    My dad talked to the bank, it’s all good thanks!

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