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Receipt Deed Draft Kotak

The receipt deed summarizes the repayment of a loan from Kotak Mahindra Bank to unnamed borrowers. It acknowledges receipt of funds towards full repayment of principal and interest of the loan. The deed also includes schedules detailing the mortgaged property and share of land used as collateral for the loan.

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100% found this document useful (1 vote)
2K views

Receipt Deed Draft Kotak

The receipt deed summarizes the repayment of a loan from Kotak Mahindra Bank to unnamed borrowers. It acknowledges receipt of funds towards full repayment of principal and interest of the loan. The deed also includes schedules detailing the mortgaged property and share of land used as collateral for the loan.

Uploaded by

Suriya laren
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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RECEIPT DEED

THIS DEED OF RECEIPT IS EXECUTED AT CHENNAI ON THIS THE DAY


OF AND .

BY

KOTAK MAHINDRA BANK LIMITED, a Banking Company incorporated and


registered under the provisions of the Companies Act, 1956 having its registered
office at 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400
051, and a Branch office at Kotak Mahindra Bank Ltd, Home Loan Division, No.
141, TVH Agnito Park, 8th Floor, Old Mahabalipuram Road, Kandanchavadi,
Chennai-600 096, the context so required or permits its successive in interest and
assigns of the First Part.

TO AND IN FAVOUR OF

hereinafter referred to as the ‘’BORROWERS’’ Which expression shall,


unless it be repugnant to the context or meaning thereof be deemed to
include their heirs legal representatives, successors and assigns on the
Second Part.

NOW THESE PRESENTS WITNESS THAT

We confirm the receipt of Rs. /- [ rupees only] along with interest thereon towards
full and final of the receipt of the said loan.

SCHEDULE – A- PROPERTY

SCHEDULE – B

Sq.ft. of Undivided Share of Land in Schedule A,

MORTGAGEE
IN WITNESSES WHEREOF

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