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Date : Mar 5, 2009

Question

Sir, My father has a ABN card and taken a loan of 1 lakh through the card.He has paid around 52K. He expired 3 months back and we intimated the same to card division.Prior to his death he had done transaction around 30K. Now the total outstanding is 88k in his card. He has an add on card im my name. Am I liable to pay his outstanding. If they ask me to pay and i refuse, will my name hit CIBIl list?

Answer

If you don't pay it would not effect your credit profile. If you can pay its good but if you are unable to pay you can convey them.

 

 

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