Education loan for myself, my parents are separated
27-May-2023 (In Divorce Law)
Hello,
My parents have been separated 2years since. My mom has filed for maintainance at the court in June,2018 but my dad has not yet paid anything for us. As an English graduation student , I plan to pursue my MBA. Since my mother can't afford such an expensive course , I want to take up a loan. Can I make my dad become the co-borrower or the collateral guranter by law? If yes, how so and when can I apply in court? We are not in contact with my dad, and he refuses to pay anything. Both my parents are Bengali hindus
Dear Questioner
As per the law of India you are still son of your birth father and law permits you to take name of your father in loan but you could not make co borrower or guarantor to him without his consent and Bank will not permit you to take this advantage without consent. it will be better for you take loan as per your capacity and concentrate on maintenance case.
As per the law of India you are still son of your birth father and law permits you to take name of your father in loan but you could not make co borrower or guarantor to him without his consent and Bank will not permit you to take this advantage without consent. it will be better for you take loan as per your capacity and concentrate on maintenance case.
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