Terms of the offer
CERSAI stands for Central Registry of Securitisation Asset Reconstruction and Security Interest of India. It is a government platform that records all types of securities interests on a property to prevent fraudulent transactions and multiple mortgages. CERSAI is the Central Registry for secured transactions in India, offering information on securitisation and asset reconstruction. CERSAI stands for Central Registry of Securitisation Asset Reconstruction and Security Interest of India, a statutory body under RBI. It registers and maintains security interests created by borrowers in favor of banks and financial institutions. CERSAI is a government-owned registry in India established to prevent fraud involving multiple loans against the same property. It was set up under SARFAESI Act.
