Pensioner loan without the knowledge of family
4 years ago
My father was a pensioner and he passed away recently. We received a notice from a bank to pay an outstanding loan for 3lakhs which was sanctioned in 2014 and was not paid from 2017 as per the letter. None of the legal family members are aware of this. We don't know how a loan can be sanctioned to a pensioner of 75 years without the family concern. Please advice ....
A.Dear Sir,
Usually such loans are insured as such you did not pay. Secondly such personal loans cannot be sanctioned and claim waive off. Thirdly the said amount not used for his legal heirs as such you are not bound to pay the same. Ask them to approach Civil Court then you engage advocate and take strong defence.
Usually such loans are insured as such you did not pay. Secondly such personal loans cannot be sanctioned and claim waive off. Thirdly the said amount not used for his legal heirs as such you are not bound to pay the same. Ask them to approach Civil Court then you engage advocate and take strong defence.
Helpful
Helpful
Share
Raghu Rajegowda
Responded 4 years ago
A.please go to the bank and verify loan documents
Helpful
Helpful
Share
Suneel Moudgil
Responded 4 years ago
A.go and verify the matter from the bank regarding the loan,
the legal heirs of a deceased, who inherited/enjoyed the assets are also liable for the liabilities,
the legal heirs of a deceased, who inherited/enjoyed the assets are also liable for the liabilities,
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 4 years ago
A.Go to the concern bank and ask about it then only it will be clear
Helpful
Helpful
Share
Read Related Answers
Compassionate appointment
Dear Client,
The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
Education Loan OTS
Dear Client,
Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
Sbi account put on stop by cyber security
Dear Sir/Madam,
Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
My bank account got freezed
Dear Client,
Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
Bank loan harassment
Dear Client,
In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location