Legal Question in Banking Law in India

my father takes personal loan from bank on 2009 and in 2013 my father expires. but our other family members does not know about loan. then suddenly in 2017 this month a letter comes from bank to pay loan. guranter of loan also died in 2015. I want to know what I will do now and ifI will not pay loan then they have authority to stop my mother pension.


Asked on 9/22/17, 9:08 pm

1 Answer from Attorneys

If you had inherited any property then your liability is restricted to the value of property.

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Answered on 9/24/17, 7:48 am


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