Relinquishment of rights
yeteendra naidu
(Querist) 04 December 2013
This query is : Resolved
Shri Guptaji,
Sir, you may obtain a GPA from your son/daughter-in-law and apply for a
REVERSE MORTGAGE LOAN at the nearest S.B.I. Branch.Please visit the site given below to know what Reverse Mortgage Loan is.I think even a Gift Deed from them might be helpful but anyway you visit the bank to clarify your doubts about how to make yourself eligible for the loan.
https://www.sbi.co.in/%3Faction%3Dviewsection%26lang%3D0%26id%3D0,1,20,115,741,788
SBI REVERSE MORTGAGE LOAN. LOAN FOR THE WELFARE OF SENIOR CITIZENS IN INDIA. House-owning Senior Citizens having inadequate income can ...
Devajyoti Barman
(Expert) 04 December 2013
This is not a place for making advertisement.
yeteendra naidu
(Querist) 04 December 2013
The main objective was to suggest a possible solution to mitigate the difficulties of a person, a senior citizen, who is in distress and not to make him run from pillar to post for a solution and not to advertise any bank scheme as i knew that SBI was the first bank to introduce such a special and exclusive plan for such neglected senior citizens. i advise the learned lawyers to come out with some solution to the problem expressed by the laymen after all the laymen approach this forum for solutions and surely nothing else.if i had no solution i would not take part or even comment like "Nothing more to add". If anyone has a better solution to offer I am sure Shri Guptaji would be pleased to accept it.
malipeddi jaggarao
(Expert) 05 December 2013
Mr.Naidu - your explanation appeared as new thread, without the original query of Guptaji. Hence confusion. If your post is in reply to a query which has not appeared in this thread, it is fine and your reply is appreciated.
