After father’s death, mother and son went to the bank to close the account, both were shocked to hear what they found there!

After father’s death, I came to know about the loan taken against him, now I am unable to find any solution. What to do? The son made a post on Reddit with this question. People gave him advice in the comments. The young man told that after the death of his father due to heart attack, he had gone to State Bank of India with his mother. They had gone to get the bank accounts closed. Only then did he come to know about the loan. The young man says that Rs 10.6 lakh were left to be repaid, whereas the loan was taken for Rs 18.5 lakh.

The young man wrote – My father died of a heart attack about two weeks ago. My mother and I had gone to SBI two days ago to get their accounts closed. Then we were told that he had a personal loan. The young man says that he is the only legal heir in the family. But, the EMI of ₹36,000 is almost 90 percent of his salary. It is not possible for him to repay it. The young man also says that the employee handling the personal loan at the bank told him that the loan was not insured and he would have to repay it.

The young man’s question is that it will take many months to get his father’s pension and PF, so what should he do now. Many people commented on the post. Some people advised the young man to do something only after meeting the lawyer. Many people have also said that legally, the young man may not have to repay the loan.