Steps to take once your final home loan installment is paid
Once you have cleared your final home loan EMI, you must retrieve all original property papers from your bank or NBFC, such as the registered sale deed and the sanctioned building plan, as reported by Livemint. Additionally, the report suggests obtaining a formal loan closure letter and a no-dues certificate, securing an updated non-encumbrance certificate, and verifying that the bank's lien on your property has been officially lifted.
by shortkt.com✓