WHAT IS MODT? MODT (Memorandum of Deposit of Title Deed) is an important legal document for home loan borrowers. Essentially, it is an agreement where you voluntarily deposit the title deeds of your property with the bank in exchange for a loan. This process is mandatory for all borrowers availing of home loans, and it formalizes the bank's right to the property in case of default.

VIDEO GUIDE: HOW TO REGISTER MODT ONLINE To help you understand the process more clearly, we have also created a detailed step-by-step video on How to Register the Memorandum of Deposit of Title Deed (MODT) in Karnataka using Kaveri Online Services. This video covers the complete workflow, including document preparation, online application, fee payment, registration at the Sub-Registrar Office, and downloading the updated EC.

CONTEXT OF OUR CASE: I am taking a Rs. 50,00,000 home loan from State Bank of India (SBI) to finance the purchase of a 2BHK flat in Bangalore, located under BBMP jurisdiction. To complete the registration of MODT for this loan, certain documents are required. Here’s a step-by-step guide on how to register your MODT online via Kaveri Online Services. DOCUMENTS REQUIRED FOR MODT REGISTRATION: To book a registration slot on Kaveri Online Services, you'll need the following documents from the bank:

MODT (Memorandum of Deposit of Title Deed)
Exemption Letter (Note: Most nationalized banks are exempted from personal appearance for registration under Section 88 of the Registration Act).
Bank’s Authorized Signatory ID Proof (The ID proof should bear the bank’s attestation).
(Edit: Update on 29^th May 2025, ekhata is mandatory)

STEPS TO REGISTER MODT ONLINE: We followed these steps to complete the MODT registration using Kaveri Online Services:

Access the Kaveri Online Services Website

Visit: https://kaveri.karnataka.gov.in/landing-page
Log in using your username and password. Note: You must register on Kaveri Online Services to get your login credentials. Your username will be your email ID, and the password will be sent to your registered email.

We highlighted the Register and Login options in image below

After login, the home page looks like image below

Navigating the Homepage

After logging in, you’ll land on the homepage. Select the "Start a New Application" option. Refer to the image below

Choose 'DOCUMENT REGISTRATION'

Select this option to proceed with registering your documents. Refer to the below image

Prerequisite Information

Read through the prerequisites for document registration and click on Continue. Refer to below image

Selecting the Document Type:

For the Nature of Document, choose:

NATURE OF DOCUMENT: DTD (Deposit of Title Deed)
ARTICLE: Agreement relating to deposit of title-deeds, pawn, or pledge
SUB-ARTICLE: 6(1-ii) – The pawn or pledge of immovable property, loan amount exceeding Rs. 10 lakh

Refer to the filled image

Click on Continue

Property Details

Since our property is residential, we select Non-Agricultural. Refer to below image

If the property located in Gram Panchayat jurisdiction, select e-Swathu
If the property is located in BBMP, CMC, or any other Jurisdiction in Bangalore except Gram Panchayat, select Others (Edit on 29th May 2025, select eAasthi for BBMP property)

As per our context, the property is located in the BBMP jurisdiction, so we selected Others. Refer to below image (edit on 29th May 2025, Select eAasthi)

Selected the following information of the property from the dropdown list

DISTRICT: BBMP
WARD NUMBER: BBMP Ward No. 192 (you can find the ward number in the property tax receipt or ekhata, refer to the arrow mark in image below)

INDEX II: VILLAGE: Kammanahalli (enter the village name)
Zone: BBMP
ROAD: Raja Aristos Apartment (select apartment name)
PROPERTY NUMBER TYPE: Flat No. (select Flat No. from dropdown)
PRESENT PROPERTY NUMBER DETAILS: E1-X (enter your flat number)
Total Area (in Sq. Meter): 127.74 (enter the super build-up area of the flat)

Refer to the filled image

Click on Add More, refer to below image

PROPERTY NUMBER TYPE: Survey No. (Select Survey No. from the dropdown list)
PRESENT PROPERTY NUMBER DETAILS: 145/1 (enter the Survey number)

Refer to filled image

Click on Submit & Continue. Based on the information provided, below is our property finding, refer to image below

Click on Save Property and Continue

Property Schedule and Measurement

Enter the measurement, Schedul and boundaries of your property as per the description in MODT or Sale Deed

Click on Save and Continue

Executant Information

In Executant -1, entered the details of the bank

I am taking a loan in the State Bank of India, the bank has given me a Section 88 exemption letter, so we clicked on Exempted from Personal Appearance (Section 88 Exempted)
In Covering Letter Number: I entered my loan account number
Uploaded the exemption letter in PDF. In the below exemption letter, we highlighted section 88 for your reference

Is Claimant: Yes (Select Yes)
Individual Or Organization: Organization

Refer to filled image

Followed by the details of a bank name, address, authorized signatory name, age, gender, address, and ID proof number. Refer to filled image

Click on Save Executant-1 And Go To Next

In Executant -2, entered the details of borrower

Is Claimant: No (Select No)
Individual Or Organization: Individual (I am taking a loan as an individual and not as an organization, so I selected Individual. You should select individual even if you jointly borrow loan with family members). Refer to the below image

Followed by the details of borrower's name, age, gender, ID proof, and address, refer to below filled image

Click on Save Executant-2

Presenter Details

In Choose Presenter, I choose my name (borrower name) from the dropdown list, which means that I will present the required documents in sub-registrar office for registration of MODT
Click on Make Presenter

Refer to below image

IDENTIFIER Information

IDENTIFIER means witnesses, we should provide the details of at least two witnesses In IDENTIFIER -1, enter the details of the first witness, the details include name, age, gender, relationship, and address. In IDENTIFIES, select the borrower name from the dropdown list. It means that IDENTIFIER -1 is witnessing the name selected in IDENTIFIES Refer to filled image

In IDENTIFIER -2, enter the details of the second witness, the details include name, age, gender, relationship, and address. In IDENTIFIES, select the borrower name from the dropdown list. It means that IDENTIFIER -2 is witnessing the name selected in IDENTIFIES Refer to filled image

Click on Save and Continue

Consideration Amount and Government Fees

MODT Registration does not require Market Value calculation; therefore, click Continue to next step. Refer to below image

I am taking loan of Rs. 50 lakh, so entered Rs. 50,00,000 in Consideration Amount. Refer to the below image

Click on Save and Continue

My exemption letter is in one page and the MODT is two pages. The total number of pages is 3 Entered 3 in Number of pages. Refer to the below image

Click on Calculate

The government fees display. Refer to below image

As per the above government fee displayed, the cost break-up as follows

Stamp Duty at 0.2% of loan value: 50,00,000 * 0.2% = 10,000 (Edit on 29th May 2025: the revised stamp duty is 0.5% of loan amount)
Registration fee at 0.1% of loan value: 50,00,000 * 0.1% = 5,000
Scanning fee Rs. 210

The total government fee is Rs. 15,210 Click on Save and Continue

Document Upload

Below is the summary report. We should review the date before we submit for Sub-registrar office approval. Refer to the below image

At the bottom of page,

Upload Deed Document: Upload the MODT issued by bank in PDF
Upload Annexures: Upload the bank’s authorized signatory ID proof and borrower ID proof (merge both the ID proofs in one PDF and upload here)
Date of Execution: Select the date mentioned in MODT
Select Sub-Registrar Office: I want to register this MODT in the JP Nagar sub-registrar office, selected JP Nagar from the dropdown list (we can register the MODT in any sub-registrar office listed in the dropdown)

Final Submission

Check the Declaration boxes and click on Agree and Submit. Refer to the arrow marks in image below

Approval and Payment

After submission, the status will change to Pending at SRO. Refer to below image

My application was approved on the same day of application submission. The status changed to Make Payment. Refer to below image

Made the payment through UPI, refer to below payment challan

Save this challan before we proceed with the application page, because sub-registrar office may demand this challan to cross-verify the transaction details

Immediately after the payment, the status changed to Schedule. Click on the Schedule and book the registration slot. Refer to image below of my slot confirmation

Visit the Sub-Registrar Office for Registration

As per the above Schedule, carry the following documents to the sub-registrar's office

Original copy of Exemption letter
MODT (Memorandum of Deposit of Title Deed)
Bank’s authorized signatory ID proof
Printout of Application summary report from Kaveri Online Services
Printout of payment challan
Applicant ID Proof

The presenter (borrower) presents following documents registration counter:

Printout of Application summary report from Kaveri Online Services
Original copy of Exemption letter
MODT (Memorandum of Deposit of Title Deed)
Bank’s authorized signatory ID proof and Borrower ID proof
Payment challan

The borrower give the thumb impression and webcam photo The sub-registrar office scanned the MODT and handed it back to presenter. The registered MODT looks like image below

We highlighted the loan value in the above MODT image

CONCLUSION: Once the MODT is registered, the bank’s representative will collect the following title documents from you:

Sale Deed
Tax Receipt
Khata

The bank will issue a cheque to the seller (in the seller’s name) for the final settlement. In our case, although the loan was for Rs. 50 lakh, the cheque was for Rs. 49.25 lakh (since Rs. 75,000 was adjusted in upcoming EMI payments). Refer to below cheque

NEED ASSISTANCE? If you need help registering your MODT, contact us at pgnproperties@gmail.com or WhatsApp us at +91 97424 79020.

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