Son Discovers Father's Loan After His Death, Faces Financial Dilemma

In a distressing turn of events, a young man discovered a significant loan taken out by his father after his passing. This revelation occurred during a visit to the bank to close his father's accounts. With an outstanding amount of ₹10.6 lakh and a monthly EMI that consumes nearly all of his salary, he is now faced with a daunting financial burden. Seeking help online, he shares his story and the challenges he faces as the sole heir responsible for the loan repayment. The community's response offers insights into navigating this unexpected situation.

By Narendra Chaudhary Apr 28, 2026, 21:45 IST

A Shocking Revelation at the Bank

After the passing of his father, a son found himself in a troubling situation regarding an outstanding loan. Seeking advice, he turned to Reddit, expressing his confusion and desperation. The young man recounted that his father had died from a heart attack, prompting him and his mother to visit the State Bank of India to close his father's accounts.

During their visit, they were informed about an existing loan. The son revealed that there was still an outstanding amount of ₹10.6 lakh, despite the original loan being ₹18.5 lakh.

He shared, 'My father passed away about two weeks ago due to a heart attack. My mother and I went to SBI two days ago to close his accounts, and that’s when we learned about a personal loan.' As the sole legal heir, he felt overwhelmed. The monthly EMI of ₹36,000 constituted nearly 90% of his salary, making it nearly impossible for him to manage. He also mentioned that the bank staff handling personal loans informed him that there was no insurance on the loan, leaving him responsible for repayment.