12 replies on this article “List of original documents held by bank (Takeover of home loan)”

1. Pandu says:

   May 13, 2017 at 4:36 pm

   Hi, we recently moved our home loan from one bank to another. The new bank processed the disbursement and we completed all loan closure formalities, obtained the original documents, etc. But surprisingly this new bank has never approached us so far to obtain the original documents. It’s been 3-4 months since the EMIs to this new bank has started. We are required to travel abroad for a year and we are worried that they may trouble us after we go there later. Should we submit the documents on our own will or should we wait for the bank to ask?

   Reply
   1. Nandish Desai says:

      May 15, 2017 at 4:30 pm

      You should submit your documents.

      Reply
      1. Pandu says:

         May 16, 2017 at 6:38 pm

         Thanks a lot for the response Nandish. This is helpful.

         Reply
2. Niraj says:

   November 6, 2016 at 10:46 pm

   Hi All,
   Good to see this forum !

   My existing bank is saying it will take them 2-3 days to get the List Of Documents. But they asked me first to pay around Rs. 600/- and then only LOD can be issued. Just for getting the list of documents held by the bank, is this payment justifiable ?

   Thanks in advance for your view on this!

   Regards,
   Niraj

   Reply
   1. Manish Chauhan says:

      November 11, 2016 at 6:17 pm

      I dont think so .. why are they charging this . Ask them for proper explaination , else you will complain in RBI

      Reply
3. Mahesh says:

   September 15, 2015 at 5:44 pm

   My bank LIC housing is not issuing me the list of documents. It has been more than 1 and half month. Bank is telling that they are not able to locate my original documents. I am worried for the lost of documents. Unfortunately, I have not taken any list of documents from bank earlier. Whome should I appraoch to solve the problem.

   Thanks for your advice in adavance

   Reply
   1. Manish Chauhan says:

      September 16, 2015 at 10:29 pm

      I think you should complain to RBI and banking ombudsman on this

      Reply
4. ashalanshu says:

   March 4, 2014 at 2:23 am

   Dear Roshan, yes this is called LOD – list of documents in banking language.

   Thanks

   Ashal

   Reply
5. roshan says:

   March 3, 2014 at 2:32 pm

   Hello Raja,
   I have got a letter in bank letterhead containing list of original documents held by them. The letter has bank seal and signature by manager . This is meant by attested by bank right?

   Thanks,
   roshan

   Reply
6. Raja says:

   March 3, 2014 at 2:19 pm

   list of original documents should suffice. Bank should provide you with list of documents which is duly attested by the bank. The other bank will not accept a photo copy or unattested document.

   Reply
7. roshan says:

   March 3, 2014 at 2:04 pm

   Hello Ashal,
   It does appear that my existing bank is no co-operating with me. Today i went to my bank and asked him to give a letter informing me that he will not issue a LOD. I told him that i would go the regional branch headquarters and ask them to give the LOD instead. This seems to have the desired effect. However now he has given only list of ‘original’ documents held by him . He told me that if SBI insists he will provide list of all photocopy documents held by him (eg: legal documents pertaining to land bought by builder to build the apartment) . I will now have to wait to see if list of original documents would suffice for SBI
   Thanks,
   Roshan

   Reply
8. ashalanshu says:

   March 3, 2014 at 3:55 am

   Dear Roshan, SBI is rightly demanding LOD list of documents. In my opinion, your existing bank is not co-operating with you intentionally. The LOD clearly indicates what type of documents are there with the bank and on the basis of this LOD any new bank ‘ll decide that the documents are enough or the borrower needs to provide any more documents. So pull your existing bank for LOD.

   Thanks

   Ashal

   Reply

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