1. CENTRAL REGISTRY OF SECURITIZATION ASSET RECONSTRUCTION AND SECURITY INTEREST OF INDIA (CERSAI) Goa –

2. GENESIS
CERSAI is an electronic registry of encumbrances, available 24 x 7 on
It provides a platform for registration of mortgages created on immovable property by way of equitable mortgage.
CERSAI was established on the recommendations of a Committee of Bankers under the aegis of Indian Banks’ Association to help Banks in averting frauds by way of multiple financing against the same property and has been operation from the 31st March, 2011.
As on
Total number of Banks/ FIs registering their records on CERSAI : 533
Total number of registrations done : ,38,00,697
Total number of Users : ,85,904

3. Top 10 Banks/HFCs in terms of Registration
As on 31st August, 2015
Institution Name
Count
STATE BANK OF INDIA
2,315,614
HDFC LIMITED
1,671,317
LIC HOUSING FINANCE LIMITED
835,536
ICICI BANK LIMITED
632,523
AXIS BANK LTD.
454,535
PUNJAB NATIONAL BANK
437,570
UNION BANK OF INDIA
353,914
CANARA BANK
342,315
BANK OF INDIA
336,574
BANK OF BARODA
3,30,000
TOTAL
77,09,898

4. State Wise Registration (As on 31st August, 2015)
Registration Count
Maharashtra
2,281,198
Tamil Nadu
1,588,461
Andhra Pradesh
1,347,669
Uttar Pradesh
1,152,056
Kerala
1,129,114
Gujarat
1,082,478
Karnataka
1,053,080
Rajasthan
653,187
West Bengal
579,504
Madhya Pradesh
578,424
Punjab
508,221
Haryana
442,906
Delhi
256,597
Orissa
218,848
Chattisgarh
188,017
Bihar
148,530
Uttarakhand
147,597
Assam
96,097
Jharkhand
90,770
State Wise
Registration Count
Goa
56,221
Himachal Pradesh
53,900
Pondicherry
29,118
Chandigarh
23,909
Jammu and Kashmir
15,005
Tripura
12,508
Mizoram
11,985
Sikkim
10,999
Dadra and Nagar Haveli
9,345
Telangana
9,156
Manipur
8,322
Andaman and Nicobar Islands
5,181
Meghalaya
4,982
Daman and Diu
4,597
Nagaland
1,762
Lakshadweep
791
Arunachal Pradesh
162

5. Top Ten Banks/ HFCs in Terms of Registration in Goa
Top Ten Banks/ HFCs in Terms of Registration in Goa (As on 28th Sept, 2015) Total No of Banks/ FIs registering mortgages on CERSAI – 112
Sr. No
Institution Name
Registration Count 1
STATE BANK OF INDIA
15521 2
BANK OF INDIA
4784 3
LIC HOUSING FINANCE LIMITED
3842 4
HDFC LIMITED
2782 5
CORPORATION BANK
2372 6
CANARA BANK
2316 7
SYNDICATE BANK
2285 8
BANK OF BARODA
1608 9
UNION BANK OF INDIA
1520 10
THE SARASWAT CO-OP. BANK LTD.
1474

6. Delayed Filing of Records – August, Total Banks/ FIs which filed charges in August: Out of the above, 33 Banks/ FIs filed all their charges within the stipulated time - LIC Housing Finance Ltd (48), HDFC Ltd (38) Bank of India (36), Union Bank of India 22, The Goa Urban Cooperative Bank Ltd (21) , Central Bank of India (18), Oriental Bank of Commerce (17) and Bank of Maharashtra (15) are major Banks which filed all the records on time.

7. The Delayed Filing was mainly from:
INSTITUTION NAME
Normal Transactions
Delay 30 – 60
Submitted For Govt. Approval
Govt. Approved COUNT
EXPIRED COUNT
Submitted by Checker to CERSAI
PENDING WITH CHECKER
CANARA BANK 29 7 6 9
DENA BANK 1
IDBI BANK LIMITED 5
BANK OF INDIA 36 4
INDIAN OVERSEAS BANK 2
STATE BANK OF INDIA 84
VIJAYA BANK 14
CORPORATION BANK
KOTAK MAHINDRA BANK LIMITED
NKGSB CO OP BANK LTD 3

8. What is Required to be done by Lenders
Ensure registration at CERSAI within 30 days of creation of charge.
It would be in the interest of all stakeholders if registration is done as soon as mortgage is created. This will obviate possibility of any fraud.
In case of condonation of delay beyond 60 days by Central Government ensure submission to CERSAI within the period stipulated.
In case your bank is lead Bank in a consortium, add the names of other members of consortium to enable them to file their charge.

9. Ensure to satisfy your charge on the property as soon as your loan is liquidated.
In case of take over of finance by another bank, ensure handing over of title deeds to other bank promptly.
All corrections in the records require approval from Central Government.
It is, therefore, important for the checker to ensure that there is no mistake in the data filled.
Data purity, is a MUST
All fields, even if not mandatory, should be filled.
There are large number of mistakes in the records filed in the initial year of operation of CERSAI. Please recheck these records and ensure correction/ rectification of mistakes.

10. The Central KYC Registry
CERSAI have been given the mandate by the Govt. of India to establish and operate a Central KYC Registry for the entire financial sector. In due course this registry may cater to the KYC requirements of other sectors like telecom also.
Banks and other institutions will scan and upload their KYC documents on the KYC Registry Portal.
Registry will generate a unique KYC number for the customer.
Customer can quote this number and will not be required to submit his KYC documents again at the time of opening another account with any Banks/ mutual fund/ insurance company or capital market intermediary/ mutual fund etc.

11. Even otherwise institutions will be required to make a search in the database of KYC Registry before asking the customer for KYC documents.
A facility of verification of KYC documents is also proposed in the second phase of the KYC Registry by creating links with Income Tax Department (PAN No verification), UID, Passport Office, RTO offices etc.

12. Thank You