Madurai, Sept. 17 -- Chief Minister of Tamil Nadu M.K. Stalin launched a platform for filing of cancelling Memorandum of Deposit of Title Deed and Equitable Mortgage (MOD) online.

Industrialists as well as people file MODs while pledging their properties for industrial loans as well as for housing loans.

To carry out an MOD or to cancel them once the loan is repaid they have to go to registrar.

Going forward, it can be done online for a fee. The scheme is likely to benefit 6.50 lakh beneficiaries per annum, reported TOI.

He said industrial growth does not mean the heavy industries alone.

CM Stalin also highlighted the key role played by MSME in the development of the state.

He also launched an online facility of SIDCO through which ...