Documentation
The Manager/Officer should verify that the branch has obtained all necessary documents adequately stamped and properly executed as stipulated by the Central Office for the facilities granted to the borrower. In case of advance above Rs. 50.00 lakhs certificate from the Law Officer certifying the correctness of documents taken is obtained and is held on record. In case Law Officer is not available, certificate from the local panel advocate be obtained.
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The Manager/Officer should verify that the branch has obtained all necessary documents adequately stamped and properly executed as stipulated by the Central Office for the facilities granted to the borrower. In case of advance above Rs. 50.00 lakhs certificate from the Law Officer certifying the correctness of documents taken is obtained and is held on record. In case Law Officer is not available, certificate from the local panel advocate be obtained.
If you want to know more about Advances General Information then you just click the below link and see all related post about Advances General Information and you will the information about this.
Click here to see all Post about Advances General Information
For Business Click Here
Note:All content is copyrighted to http://sm-information.blogspot.com and may not be reproduced on other websites.
If you have any question regarding this websites or any other post related you can Email us.
Post Category :
Advances General Information
,
Banking
,
Business
,
Core Banking System
,
Documentation
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