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Rules in case of kcc account holder dies

(Querist) 25 July 2019 This query is : Resolved 
My Jijaji( brother in law) has passed away in Feb 2018 he has a kcc loan of ₹700000/= .
What are the rules regarding this. His son is minor.
Do we get any kind of waiver. Kindly guid me. Thanx
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Isaac Gabriel (Expert) 26 July 2019
The bank will proceed agaisnt the guarantor for the recovery.Simulataneously the legal heirs and the estte of the borrower could be subjected to action.
KISHAN DUTT KALASKAR (Expert) 27 July 2019
Dear Sir,
Please contact local lawyer having knowledge of local laws.

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