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shah450   11 February 2015

Remove name from co-applicant but not from co-owner

Hello All,

We have bought home in 2013 where co-owners are My Mother, My Brother and Myself. 

Also taken home loan from Bank Of Maharastra with co-applicant are My Mother, My Brother and Myself. 

My brother and myself are earning persons but my mother is house-wife.

Keeping my mother name in home loan as co-applicant doesn't add any value.

I would like to remove my mother's name so that my brother and myself can claim 50:50 Tax-benefit. 

Please suggestion what is the procedure to remove co-applicant name. 

NOTE: My mother still will be co-owner.



Learning

 1 Replies

Kappil Cchandna (Expert Bail & Criminal Defence Lawyer at Delhi Supreme Court of India)     12 February 2015

Dear, Mutation will be done on you and your brother's name ..... Kapil Chandna Adv 9899011450

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