NATIONAL MORTGAGE, FINANCING AND GUARANTEE SCHEME ACT, 1976 (SMCD 23)
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    • Section 1 - Establishment Of National Mortgage Financing And Guarantee Scheme Section 2 - Objects Of The Scheme Section 3 - Qualification For Loan Section 4 - Administration Of The Scheme Section 5 - Bank To Administer Scheme Through Specified Financial Institutions Section 6 - Mode Of Application For A Loan Under The Scheme Section 7 - Rate Of Interest Section 8 - Terms Of Loan Granted Under The Scheme Section 9 - Security For Loan Section 10 - Form Of Mortgage Agreement Section 11 - Disbursement Of Loan Section 12 - Payment Of The Loan Section 13 - Mode Of Payment Section 14 - Period Of Repayment Section 15 - Special Terms For Organisations Section 16 - Bank To Provide Indemnity Against Non-payment Of Loan And Interest Section 17 - Commission In Respect Of Indemnity Section 18 - Insurance Act Not To Apply To Indemnity Provided By Bank Section 19 - Default In Payment Section 20 - Financial Institution To Inform The Bank In Case Of Default Section 21 - Financial Institution To Transfer The Mortgage To The Bank Section 22 - Appointment Of Receiver On Default Section 23 - Mortgagee's Right To Possession Section 24 - Sale Of Mortgaged Property Upon Default Section 25 - Where 75 Per Cent Of Loan Has Been Paid Possession Or Sale To Be Through Court Proceedings Section 26 - Secondary Mortgage Market Section 27 - Obligations Of Financial Institution After Transfer To Bank Section 28 - Escrow Account Section 29 - Rates Section 30 - Section 15 Of NRCD 96 Modified Section 31 - Section 21 Of NRCD 96 Disapplied Section 32 - Mortgagor's Right To Transfer Restricted Section 33 - Penalty For Using Loan For Unauthorised Purpose Section 34 - Offences By Bodies Of Persons Section 35 - Rules Section 36 - Mortgages Decree To Apply Except Where Otherwise Provided Section 37 - Interpretation
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    Section 1 - Establishment Of National Mortgage Financing And Guarantee Scheme Section 2 - Objects Of The Scheme Section 3 - Qualification For Loan Section 4 - Administration Of The Scheme Section 5 - Bank To Administer Scheme Through Specified Financial Institutions Section 6 - Mode Of Application For A Loan Under The Scheme Section 7 - Rate Of Interest Section 8 - Terms Of Loan Granted Under The Scheme Section 9 - Security For Loan Section 10 - Form Of Mortgage Agreement Section 11 - Disbursement Of Loan Section 12 - Payment Of The Loan Section 13 - Mode Of Payment Section 14 - Period Of Repayment Section 15 - Special Terms For Organisations Section 16 - Bank To Provide Indemnity Against Non-payment Of Loan And Interest Section 17 - Commission In Respect Of Indemnity Section 18 - Insurance Act Not To Apply To Indemnity Provided By Bank Section 19 - Default In Payment Section 20 - Financial Institution To Inform The Bank In Case Of Default Section 21 - Financial Institution To Transfer The Mortgage To The Bank Section 22 - Appointment Of Receiver On Default Section 23 - Mortgagee's Right To Possession Section 24 - Sale Of Mortgaged Property Upon Default Section 25 - Where 75 Per Cent Of Loan Has Been Paid Possession Or Sale To Be Through Court Proceedings Section 26 - Secondary Mortgage Market Section 27 - Obligations Of Financial Institution After Transfer To Bank Section 28 - Escrow Account Section 29 - Rates Section 30 - Section 15 Of NRCD 96 Modified Section 31 - Section 21 Of NRCD 96 Disapplied Section 32 - Mortgagor's Right To Transfer Restricted Section 33 - Penalty For Using Loan For Unauthorised Purpose Section 34 - Offences By Bodies Of Persons Section 35 - Rules Section 36 - Mortgages Decree To Apply Except Where Otherwise Provided Section 37 - Interpretation