DEED OF RECEIPT

THIS DEED OF RECEIPT is executed at __________ on this _____day of

______, 2020 by M/s Cholamandalam Investment and Finance company
limited (CIFCL)., and incorporated under Companies Act, 1956 having
its registered office at ‘Chola Crest’, C 54 & 55, Super B-4, Thiru Vi Ka
Industrial Estate, Guindy, Chennai – 600032., India acting through its
_____________ Branch, ____________________________ represented by its
authorized signatory Mr.____________ S/o________________ aged _____
years, hereinafter referred to as the “MORTGAGEE” (which expression
shall, unless it be repugnant to the subject or context thereof, include its
affiliates, successor-in-interest and permitted assigns)

TO AND IN FAVOUR OF

MR.______________, S/o ______________ aged___ residing at

_____________________________________________, hereinafter referred to
as the “Mortgagor” (which expression shall, unless it be repugnant to
the subject or context thereof, include its successor-in-interest and
permitted assigns) ;

WHEREAS Mortgagor had been sanctioned a loan amount of

Rs._____________/-(Rupees ___________ Only) and by way of MODTD/
Deed Of Simple Mortgage (mortgage without possession) dated ________
registered as document No.______________ at SRO _____ infavour of
Mortgagee with intent to create MODTD/Simple mortgage (Mortgage
without possession) in favour of Mortgagee to secure the debt owing to
the Mortgagee by the Mortgagor pertaining to the Schedule Property.

AND WHEREAS Mortgagor have repaid the said loan with interest to
Mortgagee in full and final discharge of the Mortgage. The Mortgagee
duly acknowledges relating to the MODTD/Simple Mortgage Deed dated
____________ registered as Document No. ____________ AT SRO
___________ pertaining to the Scheduled Property, hereby stand fully
discharged.

1
 SCHEDULE I
(Details of Property)

and situated within the Sub-Registration District of _______ and

Registration District of __________.

IN WITNESS WHEREOF THE PARTIES OF THE FIRST PART HAVE SIGNED

ON This ___DAY, ______ , 2020 and executed by Cholamandalam Investment
and Finance company limited (CIFCL)., incorporated in India through its
________Branch, _________________________________.

Cholamandalam Investment and

Finance company limited (CIFCL)

Witnesses Manager

1.
2.

Drafted By