What to do if a person with a mudra loan from bank unfortunately does.

[Meghapanda297]

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Meghapanda297
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March 10, 2025 at 12:56 pm

My dad passed away 8 months back & he had taken mudra loan from bank amounting 5L since his death we didn’t pay we just left it , I want to know if me being his son am i liable to pay
1.I legally didn’t sign anywhere & didn’t inherit anything
2.There was a life insurance linked to the loan account & my mom was the nomine & she got the funds
3.The only asset under my dad’s name is a bike and that is also under loan but I am the gurantor so I am paying it..
Can a lawyer in this community help me with this

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