Sister is taking agri gold loan for business

Community Forums Legal Advice India Sister is taking agri gold loan for business

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      Bravehero2021
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        Bravehero2021
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        April 7, 2025 at 5:36 pm
        I visited my motherโ€™s house and found out that my sister and brother-in-law are taking an Agri Gold loan for their business (which is non-farming). For that, they need to show a land tax receipt, and they are using our ancestral land, which is in both my and my sisterโ€™s name.

        Iโ€™m a bit pissed that she decided to go ahead with this without talking to me first, and she kind of demanded that I stay at home until the loan formalities are completed (since Iโ€™m also a co-owner of the land).

        Aside from that, Iโ€™m genuinely worried whether signing off on something for this loan could become a problem for me in the future. This land is all I have in my name, and Iโ€™ve heard stories of people being cheated by their own siblings when money is involved, soโ€ฆ

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