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Posted On :- 20/03/2008
 
Question Asked :-  
 
i am serving in indian navy( since feb 2000) and posted in vishakhapatnam. my hometown is kanpur. here our house is on my mother's name. last month i paid last installment for personal loan of centurion bank of panjab (loan taken from pimpari branch in 2004 when i was posted in mumbai). i has been around 4 months in vishakhapatnam. due to frequent transfer and irregularities by some naval personals centurion bank in vishakhapatnam has denied a new personal loan despite of my past good record. and other banks in vishakhapatnam are also not in favour due to same reason. i am co-applicant with my mother in the loan taken from HDFC bank kanpur. my mother is housewife. plz guide me to get personal loan of around 1 lakh.  
 
Answer :-  
 
you cannot take a loan with your mother as co-applicant as she wont have any income proof to show. you can try and take a loan with some other earning member of the family as co-applicant.  
 

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