Hi,
My father died in 2016, After 4 months of his death, Sale officer from Co-operative central bank has come to my home and told us that he has personal loan amount of 8 lakhs. when we asked for loan details through RTI (Right To Information) act, they have provide xerox copy of their ledger (not authorized by any bank officer). I have noticed my father name is in it but not his signature. loan was taken in 2000 and due date is 2008. He paid EMI until 2004
My father look personal loan in 2000 and loan due date us till 2008 but he stopped paying EMI after 07/2004. He passed away in 2016, soon after he passed away co-operative bank sales officer started giving notices to auction assert on his name and they are fail to provide any documents officially.
Here is my doubts:
1. why bank has not taken any action during his time and why they are coming now bit aggressively
2. Is this loan is really genuine? if so why they have not provided loan document with my father signature for that mattern any officialy document. (always providing xerox copy of their ledger)
3. Do they have rights to perform auction on died persons property
4. we do not have any documents about the loan niether Bank is not providing so how to move forward.
Appriciate your suggestions
