Sirs,
I have a situation where I need a loan for booking a flat on joint account with my would be wife. The loan that we can get individually is not sufficient for the purpose. For that we have to marry within one month which possible only through court marriage as our parents want the marriage by hindu tradition they wont agree for court marriage, so we cannot hurt their feeling by doing court marriage(with or without thier knoledge).
I came to know from a friend that we can make an agreement of marriage before the actual marriage against which the bank will issue the required amount of loan on joint account. The agreement will contain legalities like payment of EMI in case of no marriage takes place or seperation etc which you all know way better than me.
If we do not act quickly we may loose the property and may not be able to find same in the current budget. The agreement can solve all the issues for loan etc.
So is it possible to do this? And if yes what is the procedure and risks ascociated with it?
Waiting for the valuable replies...
Thanks
