Loan borrower is died

Apply to the bank authorities mentioning the facts and request for the maximum relief.

The loan recovery is a civil case and the liability remains even after the death of the borrower.

Adv. Yogen Kakade

Jurycon Incorporation

Advocates & Consultants
Email: juryconincorporation@gmail.com
Web: www.juryconn.in  

Until or unless your mother has signed the house that is not in the name of borrower can't be secured. Get the valuation of house done by approved valuers. Find a buyer and taking bank into confidence sell the house and clear the debt.This is another option. Or borrow from some other bank and clear the debt, under proper acknowledgment.

You must require to clear the said debts of the bank as the civil liability doenn't end with death of the borrower and therefore your mother will require to pay the same. 

Avail other option, like auction of the property and clear the said dues.

Thanks for all your valuable suggestions.

Can't I stop adding every month interest atleast for some months !.

Thanks,

Srinivas

Have you informed about death to bank in writing under proper acknowledgment?

Has the bank noticed the co-borrower, guarantor to pay?

You may better seek able counsel of a lawyer specialzing in such/banking/consumer matters in person and proceed further under expert advise of your counsel.