Legal Question in Banking Law in India

Sir we have made gift deed on our children’s name who are 8 and 9years old can we avail loan on that property

Asked on 2/04/19, 3:09 am

1 Answer from Attorneys

J. Radhakrishnan independent Practice

No. You cannot avail a loan on the security of minor children’s property.

Read more
Answered on 2/07/19, 9:50 am

Related Questions & Answers

More Banking Law questions and answers in India