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Promissory Note is the written note made by the payer which contains the promise to pay a certain amount of money on a specified date or on demand to the payee or the bearer of the note. In short it is promise in written form to pay the debt. Requirements for a promissory note: The […]

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Things NRIs should know about buying a property in India
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The real-estate sector in India is booming and investing in the same is a profitable venture being explored by the NRIs as well. But, there are a few things every NRI must know before buying a property in India. Details NRIs need to know before buying a property in India: An NRI buying an immovable […]

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Mortgage In Banking ...

A mortgage is a legal agreement according to which an authority lends money at an interest in exchange for taking title of the debtor’s property, with the condition that the conveyance of title becomes void upon the payment of the debt. TRANSFER OF PROPERTY ACT In India, the mortgage of immovable property is dealt by […]

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