Legal Question in Banking Law in India
are family members in any way liable for repayment of bank loans taken by one member of the family who is independent and an adult
Asked on 8/26/14, 2:11 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
26.08.2014
Dear Sir / Madam,
Yes, family members remain liable for repayment of bank loans taken by any member. Bank loans are only granted to adults.
Regards,
Answered on 8/26/14, 4:56 am
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