Legal Question in Banking Law in India
sir i am taking loan from a bank i have submitted all linked documents from 1960 to 2014. the first person who purchased the land was in 1960 after his expire his wife with two son sold the land to A in 2006 he sold other person B ... that B sold to C in 2009 .. from C sold that land to D in 2014 we are purchasing now from D. Bank given the documents to lawyer for verification and he is asking to bring death certificate of person who purchased in 1960 because his wife wand 2 son have sold it in 2006 ... if u bring that all documents will be clear and you will get loan because bank will verify later... how to overcome this..
1 Answer from Attorneys
26.12.2014
Dear Sir / Madam,
Whenever you are seeking finance, "No" is not an acceptable answer. It is just your clue to look somewhere else. You should approach three to four other bankers who will finance you for purchase of the land.
Regards,
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