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

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today