Legal Question in Banking Law in India

what will the liability of a guarantor of a housing loan in case he or she wants to go for a housing loan for themself


Asked on 2/27/11, 11:52 pm

1 Answer from Attorneys

J. Radhakrishnan independent Practice

If the guarantor avails a loan for himself or herself for housing or otherwise, he or she will be principally and personally liable for the same.

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Answered on 2/28/11, 10:24 am


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