Legal Question in Education Law in India

does the loan taken by my parents doesnot effect mine? i will have to give a security... what about that? my home is already on a security to the loan taken by my parents?


Asked on 7/26/13, 11:51 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

27.07.2013

Dear Sir / Madam,

Yes, you will need to follow the rules specified by the bank. But which bank to select is purely your choice. You need not have your bank A/c in the same bank as your parents. It is as simple as that.

Regards,

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Answered on 7/27/13, 12:22 am


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