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. Discover the full form of CERSAI , its registration process, charges, and how it protects financial transactions by preventing mortgage fraud with Kotak Mahindra Bank. CERSAI is a public sector company that maintains a central online registry of security interests in India. It was formed under the SARFAESI Act and registers various types of mortgages and assignments of receivables. CERSAI, which stands for The Central Registry of Securitization Asset Reconstruction and Security Interest of India , is a vast repository that stores information about securitizations, reconstructions, and security interests initiated by banks and financial institutions.
