Son Discovers Shocking Loan After Father's Death

In a distressing turn of events, a young man discovered a substantial loan taken out by his father after his passing. Accompanied by his mother to close their bank accounts, they were shocked to learn about the outstanding debt. With a remaining balance of ₹10.6 lakh and monthly payments that consume nearly all of his salary, he turned to Reddit for advice. The situation has left him feeling overwhelmed and uncertain about how to proceed, especially since he is the sole legal heir and the loan was not insured. This story highlights the unexpected financial burdens that can arise after a loved one's death.

By Narendra Chaudhary May 11, 2026, 06:30 IST

Unexpected Financial Burden

After the passing of his father, a son faced an unexpected financial dilemma regarding a loan. Seeking advice, he shared his situation on Reddit, expressing his confusion and concern. The young man recounted that his father had suffered a heart attack, leading to his untimely death, and he had accompanied his mother to the State Bank of India to close their accounts.

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

He shared, 'My father passed away from a heart attack about two weeks ago. 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 found himself in a precarious situation, as the ₹36,000 monthly installment constituted nearly 90% of his salary, making repayment nearly impossible. He also mentioned that the bank staff informed him that there was no insurance on the loan, leaving him responsible for the payments.