loan guarantor

Guarantor and/ or legal representative of guarantor are equally liable to pay outstanding loan.

Mortgaged property of principal borrower can not be transferred to any one (including his / her LRs) till mortgage is redeemed.

After sad demise of your father,you are liable to repay due loan amount and interest. How bank has transferred your house without your consent ,bank had to served you notice first.contact to local lawyer for necessary action

"The property has been transferred to next of kins name by mutation." Is it the primary borrower who has done this? Mutation cannot be effected in the municipal or revenue records without executing and registering a deed of transfer such as a gift deed. As regards your liability to discharge the bank loan, you will be bound by the guarantee given by your father. No escape from it.