Suggestions

to share details of the existing EMs that are in force and were facilitated prior to 2011. CERSAI online, on nominal payment, to verify any property that has been mortgaged so that he or she is sure of the encumbrance (prior charge) on the property. existing CERSAI Act to permit banks/ FIs to register a second/subsequent charge on a property that is already registered with CERSAI, for another loan that is intended to be advanced to the same borrower (though for a different purpose). Sanctioning an education loan under a subsequent charge is a perfect example.