Loan against Property

POSTED BY CA Karan Batra ON June 3, 2013 10:34 pm ONE COMMENT

If I opt for a Loan against property, is it necessary that the property should be in my name only ??

 

If the property is in my parents name and they are retired, can I take a Loan against such property ??

One reply on this article “Loan against Property”

  1. Dear Karan, let the parents get the loan & you become the guarantor for this loan. bank ‘ll create problem to give you loan for a property which is not under your personal ownership.

    thanks

    Ashal

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