Kaagazaat

Foreclosure Statement Request

At a glance

Price: ₹99 · GST included
Stamp duty: No duty — not an instrument (s.2(14), Stamp Act 1899).
Registration: Not registrable (s.17, Registration Act 1908).
Witnesses: Not required; the sender signs it.

₹99

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

See all prices

Also called

loan payoff statement request
foreclosure quote request

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

Fill this one in

Why you need it

When you need it

Get the lender's exact payoff figure before transferring money, a balance transfer or a sale — interest keeps accruing and a payoff may include reversals or charges an app won't show. State the payoff date, closure route and detail wanted, and ask what follows payment: closure, return of originals, charge satisfaction. RBI's 13 September 2023 direction requires both within 30 days. Punjab and Chandigarh property records stay separate local systems after closure.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

No duty — not an instrument (s.2(14), Stamp Act 1899).

Registration

Not registrable (s.17, Registration Act 1908).

Notarisation

Only if the receiving office wants a sworn affidavit.

Witnesses

Not required; the sender signs it.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

KAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASED

FORECLOSURE STATEMENT REQUEST

Request date: 1 April 2026

To ABC Bank Ltd, Sector 17, Chandigarh.

Borrower: Aarav Sharma, Sector 21, Panchkula. Loan: Home loan ending 1188.

Property: Apartment 804, ABC Heights, SAS Nagar, Punjab; Apartment 804, Tower B; deed no. 2345.. Regime: Punjab freehold/revenue-record property.

Payoff date requested: 2 April 2026. Approximate balance: ₹25,000 (Rupees Twenty Five Thousand only). Closure route: Borrower-funded foreclosure. Requested detail: Principal, accrued interest, daily interest and payment instructions..

LEGAL BASIS

Punjab: RBI's 13 September 2023 responsible-lending direction was issued under sections 21, 35A and 56 of the Banking Regulation Act, 1949, sections 45JA and 45L of the Reserve Bank of India Act, 1934 and section 30A of the National Housing Bank Act, 1987. The lender receives this request; after full repayment or settlement, the direction gives 30 days for return of originals and removal of registered charges. If the lender does not reply within 30 days, or its reply does not resolve the complaint, a complaint against a bank or a non-banking finance company covered by the Reserve Bank – Integrated Ombudsman Scheme, 2026 can be taken to the RBI Ombudsman within 90 days of that deadline or of the lender's last reply, whichever is later. Housing finance companies are outside that scheme: a complaint against one goes, after the company's own grievance redressal officer, to the National Housing Bank.

Questions about this document

Does the Foreclosure Statement Request need stamp paper or stamp duty in Punjab and Chandigarh?

No duty — not an instrument (s.2(14), Stamp Act 1899).

Does the Foreclosure Statement Request need registration in Punjab and Chandigarh?

Not registrable (s.17, Registration Act 1908).

What does the Foreclosure Statement Request cost on Kaagazaat?

₹99, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Foreclosure Statement Request need witnesses?

Not required; the sender signs it.

Often needed with this document

Back to Home loans, mortgage and money against property