IndiaInsurance
24th January 2022, 09:58 AM
https://img.etimg.com/photo/89054372.cms (https://economictimes.indiatimes.com/wealth/legal/will/what-are-your-legal-liabilities-if-you-help-your-brother-or-sister-take-a-loan-or-guarantee-it/articleshow/89054372.cms)If you are a financial guarantor, you will be responsible for repaying the entire loan in case your sibling is unable to do so. The bank also has the right to seize your property or assets, if required.
More... (https://economictimes.indiatimes.com/wealth/legal/will/what-are-your-legal-liabilities-if-you-help-your-brother-or-sister-take-a-loan-or-guarantee-it/articleshow/89054372.cms)
More... (https://economictimes.indiatimes.com/wealth/legal/will/what-are-your-legal-liabilities-if-you-help-your-brother-or-sister-take-a-loan-or-guarantee-it/articleshow/89054372.cms)