hello
iam new at this,,my dad took a home loan of 4 lakh from hdfc bank and payed emi regularly for 3years.
it was a 5year plan due to health reasons he discontinued the loan,,the bank send us notice stating about defaults back in the year2007 ,,it was then rs 2lakh with additional interest
loan period:2002-2007
now they say it is about 6.35 lakh with all interests.now i want to settle my dad account in about 2.5-3lakh......
can it be done????if yes how???if no why???
pease help me & my dad;;;;
thank u