New Delhi, Aug. 28 -- Paying off your home loan is undoubtedly a moment to celebrate. After years of paying a significant portion of your income in EMIs, you now have something that you can truly claim as your own. But before you celebrate, there are a handful of things that you should do once you pay your last home loan EMI.

When you take a home loan, be it from a bank or NBFC, you have to submit several documents, including the original registered sale deed, allotment letter, or buyer agreement, NOC from the builder or housing society, approved building plan and permit from local authorities and Encumbrance Certificate (EC). Once you pay off the loan, make sure that you collect the original documents back. Make sure that the bank/ NBFC...