Will bank pay home loan after my father’s death ?

POSTED BY sandip.marathe ON January 7, 2015 7:18 pm NO COMMENTS

My father had taken the sbi surkshit hl from sbi. he had taken loan of 800000. but he died in the month of april 2014. and he did not received the whole loan. during this period he had paid the monthly 12000 EMI. now i wanted to know if my father had taken the SBI Surkshit hl. Then should i pay the home loan or the bank will pay it.

I did not receive any policy either. or how do i know that my father did not cover any  insurance for home loan. please help me suggest me anything regarding this matter.

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