Demand for papers

Querist : Anonymous (Querist) 29 March 2022 This query is : Resolved
Respected Experts,
my friend died 2 months ago, he had taken a Business loan of Rs 50 lakhs from bank of baroda, I was the guarantor for the said loan, now the bank is giving me notice to pay the pending loan amount of Rs. 20 Lakhs,
I visited the bank and demanded " A copy of the Business loan Agreement " the bank refused to give me a copy of the said agreement.
respected what can I do now?
should I demand papers through RTI or Send a legal Notice Demanding the papers through an Advocate.

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kavksatyanarayana (Expert) 29 March 2022
You shall ask the bank authorities to give a copy of the business loan agreement as the bank is asking you to repay the outstanding loan. The guarantors/surities shall pay the pending dues but you can request the legal heirs of the deceased person to repay the loan and bank shall also give notice to them also.

Dr J C Vashista (Expert) 30 March 2022
Issue legal notice for providing documents of loan .
RTI Act is applicable to government banks, check whether BoB is government or not.

SHIRISH PAWAR, 7738990900 (Expert) 30 March 2022
Hello,

Bank of Baroda is nationalised bank you can ask for copies of loan documents under the RTI act.

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