Ever wondered how banks actually secure home loans or what legal rights they hold if a borrower defaults? Or maybe you’ve heard terms like “Simple Mortgage”, “Equitable Mortgage”, or “SARFAESI Act” and felt a bit overwhelmed?
If yes, you’re in the right place!
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In today’s session, we’re diving deep into one of the most important RBM topics — Lender Appraisal Procedure – Part 2. From the basics of secured lending and mortgage types to SARFAESI enforcement, property valuation methods, fraud prevention, and loan monitoring — we’ll cover everything in a simplified, bilingual (Hindi-English) format perfect for bankers and exam aspirants.
- Bankers preparing for CCP, RBM, or IIBF certification exams
- Anyone working in loan disbursement, credit appraisal, or mortgage handling
- Curious learners who want to understand real-world bank lending practices
👉 Watch the video till the end, share your thoughts in the comments, and don’t forget to subscribe if you find it helpful!
🎥 Embed YouTube Video:
👉 Before we dive in, watch this video for a complete breakdown:
📚 Main Topics Covered
00:00 – What Is a Mortgage?
Mortgage = Legal right over a borrower’s property in exchange for a loan. If the borrower defaults, bank can sell the property.
00:53 – Secured Lending & Legal Charge
When you take a home loan, a legal charge is created. Examples: Hypothecation (car), Mortgage (house), Pledge, Lien.
03:50 – Mortgage Agreement
Mortgage involves Mortgagor (borrower) and Mortgagee (bank). Gives bank right to recover money through property sale.
05:56 – Types of Mortgages
- Simple Registered Mortgage: Title deeds remain with borrower; needs court approval for sale.
- Equitable Mortgage: Title deeds deposited with bank; faster, cheaper, and no court needed.
08:41 – Simple vs Equitable Mortgage – Key Differences
| Criteria | Simple Mortgage | Equitable Mortgage |
|---|---|---|
| Registration | Mandatory | Not required |
| Cost | High (Stamp duty) | Low |
| Court Involvement | Required | Not required |
| Title Deeds | With borrower | Deposited with bank |
11:52 – SARFAESI Act
Enables bank to sell property without court if:
- Loan is NPA
- Amount > ₹1 lakh
- Property ≠ Agricultural land
14:50 – Foreclosure Rights
Bank can file suit within 30 years of default. On success, borrower’s rights are terminated and property can be sold.
17:00 – Property Valuation
- Market trend analysis
- Comparative sales
- Forced sale value
- Certified valuer’s report
23:10 – Document Registration
Documents must be registered under relevant Stamp and Registration Act based on state. Ensures legality and avoids fraud.
27:57 – CERSAI Registration
CERSAI: Central registry to record all mortgages, prevents multiple loans on same property. Must register within 30 days.
34:02 – Monitoring, Inspection & Restructuring
- Inspect property & usage of loan
- Restructure for genuine default cases (job loss, illness)
- No restructuring for willful defaulters
39:36 – Common Loan Frauds & Prevention
- Fake income documents → Verify with employer
- Forgery of title deeds → Legal validation + SARFAESI check
- Overvaluation → Conduct market verification
- Misuse of funds → Direct builder payment
[FREE EPDF] JAIIB RBWM | Lender’s Appraisal Procedure | Chapter 27 Part 1
📌 Conclusion
This session covered everything you need to know about Lender Appraisal Procedures – from mortgage types to SARFAESI Act, fraud detection, and legal registration.
💡 Implement what you learned today. It’s not just exam prep — it’s practical banking wisdom!
💬 Have questions or doubts? Drop them in the comments section of the video. Like, share, and subscribe to stay updated with more such content.
📥 Download PDF Notes:
🧾 Click below to download the complete PDF for your revision:
👉 Download Lender Appraisal Procedure – Part 2 PDF
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