What Is NOI in Home Loan Process and When Should You File It?

Summary

If you’re taking a home loan, especially in states like Maharashtra, you might hear the term NOI or Notice of Intimation. This document plays a key role in securing your property and making the mortgage legally valid. Many first-time borrowers don’t know what it is or when it should be filed — which can lead to penalties or loan delays. In this blog, we explain what the notice of intimation for home loan means, why it’s important, and when and how you should file it.

Key Takeaways

• NOI stands for Notice of Intimation — a legal requirement during home loan registration
• It must be filed within 30 days of loan disbursement
• It protects the lender’s interest by declaring a mortgage to the government
• Required in Maharashtra and some other states when a loan is sanctioned without registration
• Filing can be done online or through a sub-registrar office

Table of Contents

1. What Is NOI in a Home Loan?
2. When Do You Need to File a Notice of Intimation?
3. Is NOI Mandatory for All Home Loans?
4. What Happens If You Don’t File NOI on Time?
5. How to File a Notice of Intimation
6. Documents Required for NOI Filing
7. NOI and Property Registration: What’s the Link?
8. Final Thoughts
9. FAQs

1. What Is NOI in a Home Loan?

NOI (Notice of Intimation) is an official declaration made to the local Sub-Registrar’s Office (SRO) that you’ve created a mortgage on your property by taking a home loan.

When you take a loan, the bank/NBFC keeps your property as collateral. If the mortgage isn’t registered (which is common in many cases), the borrower must file an NOI to inform the government that the property is under a loan.

This is done under Section 89B of the Registration Act, 1908 (applicable in Maharashtra and some other regions).

2. When Do You Need to File a Notice of Intimation?

You need to file an NOI when:

• You’ve taken a home loan or loan against property
• The loan documents are not registered
• The loan is secured by equitable mortgage (where you hand over the original property papers to the lender)
• You live in a state where NOI filing is mandatory (like Maharashtra)

The NOI must be filed within 30 days from the date of loan disbursement.

3. Is NOI Mandatory for All Home Loans?

NOI is not mandatory in every state — but in places like Maharashtra, it is a legal requirement if:

• The mortgage is not registered
• The bank has not registered the loan deed

It is not required if the mortgage or loan agreement is already registered with the Sub-Registrar.

To avoid confusion, check with your lender whether you need to file NOI for your loan.

4. What Happens If You Don’t File NOI on Time?

If you fail to file the NOI within 30 days:

• You may have to pay a penalty
• The lender might refuse to release further disbursements
• It could affect your property’s legal status during resale or transfer
• The mortgage may be considered legally invalid, creating complications during recovery

For smooth processing, always file the NOI on time — or ask your lender to do it on your behalf.

5. How to File a Notice of Intimation

There are two ways to file NOI:

A. Through the Sub-Registrar Office

1. Visit the nearest SRO
2. Submit required documents (see section below)
3. Pay the fee (usually ₹1,000–₹1,500)
4. Collect the acknowledgment receipt

B. Online via Maharashtra IGR Portal

1. Visit https://efilingigr.maharashtra.gov.in
2. Register or log in
3. Fill in loan and property details
4. Upload the required documents
5. Pay the fee online
6. Download the receipt for reference

Note: Online filing is currently available only in select states like Maharashtra.

6. Documents Required for NOI Filing

To file the notice of intimation for home loan, keep the following ready:

• Loan Sanction Letter
• Equitable Mortgage Agreement (if signed)
• PAN Card and Aadhaar Card
• Property ownership documents (Sale deed or Agreement)
• Index II (if available)
• Bank’s declaration of mortgage
• Application form (downloadable from portal or SRO)

Make sure all scanned copies are clear if filing online.

7. NOI and Property Registration: What’s the Link?

Many borrowers confuse NOI with property registration, but they are different:

NOI does not replace registration of property. It only applies when you’ve taken a loan on already registered property and need to declare the mortgage.

8. Final Thoughts

The notice of intimation for home loan is a small but critical step in the loan journey — especially if you’re buying property in states like Maharashtra. It legally records your mortgage with the government, protects the lender’s interest, and helps you stay compliant. Filing it is easy, affordable, and can usually be done online. If you’re unsure whether you need to file NOI, ask your bank or legal advisor during the loan agreement stage.

9. FAQs

Q1. What is NOI in a home loan?
NOI (Notice of Intimation) is a legal declaration of mortgage when you take a loan against property.

Q2. Is NOI mandatory for all loans?
No, only if your mortgage is not registered. It’s mandatory in states like Maharashtra.

Q3. What is the time limit to file NOI?
You must file it within 30 days of loan disbursement.

Q4. Can the bank file NOI for me?
Yes. In most cases, banks or NBFCs file it on your behalf. But it's your responsibility to confirm.

Q5. What happens if I miss the deadline?
You may have to pay penalties and your mortgage may become legally questionable.

Q6. Is NOI required for property purchase?
Only if you're taking a loan and the mortgage is not registered.

Q7. Can NOI be filed online?
Yes, in states like Maharashtra, you can file it through the IGR portal.