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Agreement

Mortgage Deed

A deed by which a mortgagor transfers an interest in property to a mortgagee as security for a loan.

MORTGAGE DEED

This Agreement is made on [Date] between [Lessor] and [Lessee]

  1. Parties. This Mortgage Deed is between [Borrower Name], R/o [Address] (the "Mortgagor") and [Lender Name/Bank], at [Address] (the "Mortgagee").
  2. Property Description. The mortgaged property is [Flat/Plot/House No., Locality, City, PIN], admeasuring [Area], owned absolutely by the Mortgagor.
  3. Loan & Consideration. The Mortgagee has advanced a loan of Rs. [Amount] ([in words]) to the Mortgagor, the receipt of which is acknowledged.
  4. Creation of Mortgage. To secure repayment, the Mortgagor hereby mortgages the said property to the Mortgagee by way of [simple / registered / equitable] mortgage.
  5. Interest. The loan carries interest at [X]% per annum, payable [monthly], on the principal outstanding.
  6. Repayment. The Mortgagor shall repay the principal with interest in [No.] instalments/by [Due Date].
  7. Possession. The Mortgagor shall [retain possession / deliver title documents], and shall not create any further charge over the property during the mortgage.
  8. Redemption. On full repayment, the Mortgagee shall release the property and return the title documents free of charge.
  9. Default & Enforcement. On default, the Mortgagee may enforce the security and sell the property to recover dues as per law.
  10. Insurance & Taxes. The Mortgagor shall keep the property insured and pay all taxes and outgoings during the mortgage.
  11. Stamp Duty & Registration. Stamp duty and registration charges shall be borne by the [Mortgagor], and the deed shall be registered before the Sub-Registrar, [City].
  12. Governing Law. This Deed is governed by Indian law, subject to courts at [City].

IN WITNESS WHEREOF the parties have executed this Mortgage Deed on the date first written above.

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[Mortgagor]
___
[Mortgagee]
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Witness 1: [Name & Address]
___
Witness 2: [Name & Address]

Before you use it — fill in / check

  • Owner/Lessor
  • Tenant/Lessee
  • Rent/consideration
  • Term

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.