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DHARMENDRA RAO Y   03 February 2021

changing of guarantor for housing loan

I was stand as guarantor for my friend housing loan now account become NPA , Is their any options for changing of guarantor for the loan(withdrawal of guarantor for loan) if borrower and bank accept for changing of guarantor

 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     03 February 2021


Changing in guarantor after the account became NPA is not possible. 

DHARMENDRA RAO Y   15 February 2021

if account become regular means we can change a sir

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