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    When a financial institution is to sanction a loan against property or vehicle, they need to ensure that the loan applicant holds all ownership rights. This is because the property or vehicle is being given as collateral for the loan amount. Keeping this service in mind, there are people who would rather not go through the legal hassles themselves, but let the bank do the work. By getting a loan they also end up gaining some tax benefits, so all in all it turns

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