Sister in law i. e. bhabhi taken in loan as a co-applicant

Bharat Bang (Querist) 28 January 2024 This query is : Resolved
Applicant is unmarried and his father and mother both are died so his brother wife taken in loan as a co-applicant so NOC required from her husband that no issue regarding this.
So request you kindly provide any format regarding this and add some more in this topic from your side kindly suggest.

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When an unmarried individual with deceased parents needs their brother's wife (bhabhi) to act as a loan co-applicant, an NOC from her husband is typically required. This is to confirm there are no objections from his side regarding her co-signing the loan. While the specific format should be obtained from the lending bank, this situation highlights the need for clear documentation in such family loan arrangements.

T. Kalaiselvan, Advocate (Expert) 28 January 2024
You can obtain the format from the lender bank itself, they will provide the sample format for loan application to accommodate your desire to include the co-applicant.

kavksatyanarayana (Expert) 28 January 2024
From which bank or financial institution you are taking the loan, they will provide the format.

P. Venu (Expert) 01 February 2024
The query is short is material facts esp. as to why the lady needs NOC from her husband,

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