RBI sets 30-day deadline for banks and NBFCs to release property documents after loan settlement
Zee Business Video Team | Updated: September 14, 2023 12:24 pm
The Reserve Bank of India (RBI) has issued new guidelines for loan settlement, which require banks and NBFCs to release all original movable and immovable property documents within 30 days of full repayment/settlement of the loan account. The move is aimed at addressing the issues faced by borrowers during loan settlement.
