LIC Housing Finance Ltd. Saidapet Chennai
Not Allowing UCO Bank's panel advocate to see original

Sir,

I have entered into a sale agreement with an LIC Housing Finance Ltd.'s client to buy his property. I have applied for a takeover loan with UCO Bank and got an in-principle sanction letter from them, subject legal vetting, which includes checking of original sale deed lying with LICHFL. When I approached LICHFL, Saidapet, Chennai office along with my vendor, with a requisition letter from him (vendor) to allow UCO Bank's panel advocate to see the original in order to enable them to release funds, we were told that LICHFL does not show original sale deed to other bank's panel advocate. The vendor has in fact enclosed a copy of the sanction letter I got from UCO Bank and a copy of sale agreement.

I request you to do the needful in this regard since I can proceed further in this matter only when they allow UCO Bank's panel advocate to peruse the originals.

Thanks and regards,

S. MADHAVAN