Legal Question in Banking Law in India

Re: non repayment of loan

Under Civil Laws the legal heirs are liable to the extent they inherit the properties . In fact if you have not inherited anything from your husband you would not be required to pay anything . But if you have some properties inherited from your husband you better settle the such account before the bank takes drastic steps

Re: non repayment of loan

you are not personaly liable to pay the amount unless you inherited any property from husband.If you have inherited any property you may liable to the extent of property inherited.Though normaly personal loan granted without any security , the debt of husband will not cease to exist due to his death.The normal debtor and creditor realtionship would exist that will run with property of deceased.

Re: non repayment of loan

Necessary details are missing.If you had inherited any property (movable or immovable)then you have to repay the loan amount but your liability is restricted to the tune of valuation of the inherited property.

Re: non repayment of loan

Pls provide all the details and contact personally.

Re: non repayment of loan

If you have inheriated any kind of property then you are liable to repay the loan amount but your liabilities are restricted to some amount of the valuation of the inherited property.

Please contact with details.

Re: non repayment of loan

there may be insurance option so check that out

and loan may be waived too so discuss with documents