Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
LCI Learning

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Krishank Sahu   01 June 2022

Home loan/Housing loan guarantor

Hello Sir , in 2019 I signed as a guarantor for home loan of my brother. My brother has done foul play(धोखाधड़ी) with me. He told me that he will make me as a guarantor but he took signature of mine in the form of 50-50 percent of loan repayment due to that none of the banks are willing to give me loan (as I need loan now). So what can I do legally to get loan from bank? Do I get myself back from the position of guarantor from my brother's home loan ?Please suggest something Sir I a very upset due to this.


 1 Replies

Dr. Jyothi Vishwanath (Associate Professor of Law)     01 June 2022

give a letter to the Banker and explain the things and try to with draw as co-applicant. but since it was your carelessness in signing without reading, burden is on you to establish fraud. 

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