Legal Question in Banking Law in India

.I m a guarenter in against the loan taken by my cousin? can a Guarantor is eligible for loans?


Asked on 3/29/12, 7:31 am

3 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Yes.

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Answered on 3/29/12, 7:48 am
J. Radhakrishnan independent Practice

It depends upon the bank whether or not to grant you a loan if apprised of your status as guarantor to a loan granted by that bank or another bank.

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Answered on 3/29/12, 11:54 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

I agree with Adv Radhakrishan

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Answered on 4/02/12, 9:40 pm


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