Dear Sir/Madam
My father's have a KCC loan In SBI 1Lakh.
Now he is passed away (Death) and he also not renew his KCC Loan
Is any excemption from loan with provide lagal Haier and death certificate.
Goura Deep 02 February 2023
Dear Sir/Madam
My father's have a KCC loan In SBI 1Lakh.
Now he is passed away (Death) and he also not renew his KCC Loan
Is any excemption from loan with provide lagal Haier and death certificate.
Sudhir Kumar, Advocate (Advocate) 03 February 2023
did you meet bank
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 03 February 2023
The legal heir is responsible for repaying the loan; if they are unable to do so, the bank seizes the property and auctions it to recoup the funds. If the legal heir has inherited assets from the deceased borrower, the situation changes. The legal heir's duties, on the other hand, will be limited.
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