Asked in Property
you can apply to the loan by submitting the following documents 1. original deed stands in your grand father name, 2.his death certificate, 3. legal heirship certificate and 4. WILL executed in your favour. The panel advocate may ask u to submit the no objection certificate from the other legal heirs( if exist as per the legal heirship certificate) or may ask you get probate order from the court.If other legal heir give no objection in your favour then there is no problem at all otherwise u have to approach the court to prove the genuineness of the WILL.
Explain the situation that you are the only legal heir and simultaneously proceed with the registration formality. You can show the acknowledgement report to the Bank authorities that you are in process of getting the transfer completion. In parlance also you can get a Title search report and a non encumbrance certificate from registrar, take a undertaking and NOC from other legal heirs if applicable and getting it notarized that they have no objection and no vested interest in the Land and all these documents can be submitted to the Bank, also you can request the Bank to conduct it's own survey to fasten your Loan process.
Will is sufficient and also registered will along with holographic is sufficient .After death of your Grandfather immediately will can be forcible with all rights can given by testeter in his testimony.No need separate registration for loan.Frist you go to Bank and aproch for loan Bank send to legal opinion on that property .All relevant Documents should Cary legal opinion given by panel advocate of Bank .Basing on the opinion Loan disbursed stipulated time.
Register your land first.You may contact your local advocate for it or go to registery office.
you will get home on the basis of registered land deed.So get registered first.
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