Sanction of reverse mortgage loan

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..... institution, before taking mortgage of capital asset and before disbursing any loan under reverse mortgage, shall- (a) enter into a loan agreement in writing with the reverse mortgagor; and (b) obtai .....

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..... t of the capital asset; (vi) Name, address and Permanent Account Number of all the legal heirs and estate of the owner of the capital asset; (vii) A copy of the registered will of the owner of the cap .....

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