Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Deceased case surety

(Querist) 22 January 2018 This query is : Resolved 
dear sir,
my father was dead on 25th september 2016 and there is no nomination of my mother in savings account or fixed deposite. now i make all arrange ment of succession certificate of legal heirs now my question is if surety wants loan on his property shown in deceased case than it is possible that bank may refuse him to give loan because of this?
Guest (Expert) 22 January 2018
Very vague description of the query.
Kumar Doab (Expert) 22 January 2018
The said SB a/c is in Bank or PO or anywhere else?
If succession certificate was demanded or indeed required and submitted with claim then has the payment been not released to successors?
If payment has been released then what is the question of any loan?
Or did the deceased had availed any loan from establishment where SB a/c was held?
What is the role of surety in this matter of claim in deceased depositor account?
Which loan and what is the role of surety in this matter of loan?
ashok kumar singh (Expert) 23 January 2018
your query is not clear..........
pratik v shah (Querist) 23 January 2018
surety wants loan and his documents of flats is given as surety and he wants loan on this property
Guest (Expert) 23 January 2018
TOTALLY VAGUE QUERY. Either you have posted totally hypothetical query or are not able to express your problem.

Discuss, what is your personal problem, not the problem of the surety and what is the link of no nomination of your mother in SB/FD accounts and your succession certificate with any link to surety and his loan?
SHIRISH PAWAR, 7738990900 (Expert) 23 January 2018
bank will not give loan where documents of flat are already deposited with the bank.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :