Me and younger brother signed sale agreement to buy property from seller under bank loan, loan application were also signed by both of us.
due to delay from legal verification from bank and thus days of 60 days passed for the agreement we signed got lapsed (as said by bank employee) I have to apply for new sale agreement, which I made. but soley/Individual as a single buyer no co- applicant added nor signed joint signed with my younger brother under new sale agreement.
property was Registered in my name soley/individual owner of the property.
after two years I come to know that my loan amount reflect under my brother account and receiving message to balance transfer of loan. He informed regarding the issue i spoke to bank they told "younger brother added as co applicant and guarantor if some thing happen to me my younger brother will pay loan amount (life insurance and general insurance already attached by bank in my name)
where loan application it has stated that " property to be purchased in name of " both brother name"
**the loan application at first was signed by both of them taken as initial but not changed with new sale of agreement.
** I have signed the blank document, rest data filled by bank employee with full mistakes in father name, my younger brother name and false information stating .
** some place bank employee signed my& my brother signature without our knowledge
** manipulation ,scribbled and crossed some documents of cancellation of loan made and themself made crossed on the same.
because of this issue got conflict with my brother.
he demands share of property or money for the same value of share, i individual paid my first amount to seller, Emi paid soley by myself.
how do I resolve issues with bank? how do I convience them to change loan application? am mentally humiliation by bank employee, depressed with the issue and couldn't focus on what to do next?
please suggest how do I overcome this issues
