In force · As amended up to 2026-08
61. By a mortgagor —
(a)to redeem or recover Thirty years. When the right to redeem or to recover possession of immovable possession accrues. property mortgaged; (b)to recover possession of Twelve years. When the transfer becomes known to the immovable property mortgaged plaintiff. and afterwards transferred by the mortgagee for a valuable consideration; (c) to recover surplus collections Three years. When the mortgagor re-enters on the received by the mortgagee after mortgaged property. the mortgage has been satisfied. 62. To enforce payment of money Twelve years. When the money sued for becomes due.
Source: India Code