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kdinesh   04 December 2017

Minor property mortgate

Hi, I have 2 bed room apartment having loan from HDFC. I'm thinking to repay the loan and transfer house ownership on my daughter (minor 10 yrs). After that can I get home loan / mortgage?



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 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     04 December 2017

Submit to the bank  Application for Loan Clearance Certificate and obtain fresh loans. 

kdinesh   04 December 2017

Thanks for swift response. But that property will be on Minor, right? I pressume banks will not give loans on minors name? What is alternate process for this?


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