login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

How do I ensure that the Transfer Deed is complete before sending it to the Company?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

When the Transfer Deed with the filled in transferor’s details comes to you, please ensure that the requisite details such as folio number, certificate number, and distinctive number, name of the holder, name and address of witnesses are filled in. Please also ensure that the Transfer Deed is signed by the transferor(s) (signatures of all holders in case of joint holding) and the witness and is accompanied by the self attested copies of PAN Card of both, the transferor and the transferee.

Please note that attestation of transferor’s signature by a Manager of a nationalized bank is necessary where the transferor holds a savings account, however there will be rejection for transfer on account of signature mismatch despite of attestation being done.

Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and arrange for payment of stamp duty at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.

Related articles

Impact of Repo Rate Changes on Fixed Deposit Interest Rates

When it comes to managing our finances, understanding how different economic factors can affect our investments is crucial. One such factor that plays a significant role in shaping the financial lands...

KNOW MORE

February 23, 2024

Top-6-Benefits-Of-Personal-Loan-Advantages

Top 6 Benefits Of Personal Loan

When unexpected expenses arise, or you have a big-ticket purchase in mind, asking friends or family for financial help may not always be an option. That’s where a personal loan can be a lifesave...

KNOW MORE

September 12, 2024

Top-Government-Housing-Schemes-In -India-Everything-You-Need-To-Know

Top Government Housing Schemes In India: Everything You Need To Know

Owning a home is a dream for many, but with the rising cost of real estate and limited financial resources, it can seem out of reach. However, the Indian government has introduced various housing sche...

KNOW MORE

July 25, 2024