19-Year-Old Faces ₹30 Lakh Home Loan Burden After Father’s Death, Seeks Advice: ‘I’ve Felt Like Giving Up…’
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A 19-year-old B.Tech student from a tier-3 college is battling a crisis far beyond her years. After the sudden death of her father - the sole breadwinner of their family of five - she now finds herself responsible for her mother and three younger sisters.
The family’s only home carries a ₹30 lakh loan , and with no income or savings, the bank has demanded immediate EMI payments or asked them to vacate. While a pending court case in Thiruvananthapuram might offer temporary relief, the risk of eviction looms large.
Her mother is uneducated, her sisters are still in school, and although the student’s scholarship covers her fees, she has no other financial support. In her own words, “I’m not here for sympathy. I’m just… lost. I don’t know how to handle this without losing the house right away. I don’t know how to survive the next few years until I can stand on my own feet.”
She estimates she needs 4–5 years to complete her studies, secure a job, and repay the loan. Meanwhile, she is seeking help in the form of crowdfunding, legal guidance, NGO assistance, or job opportunities - with the promise to repay anyone who supports them during this time. “I’ll be real - there have been days I’ve felt like giving up completely, but I can’t. My sisters need me, and I can’t let their lives collapse because of this.”
Advice from Online Community
Several Reddit users stepped in to share experiences and suggestions. One recounted facing a ₹37 lakh SBI home loan without insurance after his father’s death , advising her to engage a lawyer and negotiate with the bank. His family eventually sold their house, cleared the loan, and moved to a rental property.
“If you're selling your house, people can and will try to take advantage of your situation. Lowballs are to be expected. Try not to be desperate and aim for a fair price,” he cautioned.
Another user suggested checking if the loan had an insurance cover. The student explained her father had opted out of it based on the bank manager’s advice. Others recommended selling the house, clearing the debt, renting a cheaper place, and rebuilding later - though she said she was exploring every other option before resorting to that “last option”. “I dont wanna give up the only thing my father left like this,” she said firmly.
Her post has since sparked conversations about financial preparedness, loan protection, and the importance of community support in times of crisis.
The family’s only home carries a ₹30 lakh loan , and with no income or savings, the bank has demanded immediate EMI payments or asked them to vacate. While a pending court case in Thiruvananthapuram might offer temporary relief, the risk of eviction looms large.
Her mother is uneducated, her sisters are still in school, and although the student’s scholarship covers her fees, she has no other financial support. In her own words, “I’m not here for sympathy. I’m just… lost. I don’t know how to handle this without losing the house right away. I don’t know how to survive the next few years until I can stand on my own feet.”
She estimates she needs 4–5 years to complete her studies, secure a job, and repay the loan. Meanwhile, she is seeking help in the form of crowdfunding, legal guidance, NGO assistance, or job opportunities - with the promise to repay anyone who supports them during this time. “I’ll be real - there have been days I’ve felt like giving up completely, but I can’t. My sisters need me, and I can’t let their lives collapse because of this.”
Advice from Online Community
Several Reddit users stepped in to share experiences and suggestions. One recounted facing a ₹37 lakh SBI home loan without insurance after his father’s death , advising her to engage a lawyer and negotiate with the bank. His family eventually sold their house, cleared the loan, and moved to a rental property.“If you're selling your house, people can and will try to take advantage of your situation. Lowballs are to be expected. Try not to be desperate and aim for a fair price,” he cautioned.
Another user suggested checking if the loan had an insurance cover. The student explained her father had opted out of it based on the bank manager’s advice. Others recommended selling the house, clearing the debt, renting a cheaper place, and rebuilding later - though she said she was exploring every other option before resorting to that “last option”. “I dont wanna give up the only thing my father left like this,” she said firmly.
Her post has since sparked conversations about financial preparedness, loan protection, and the importance of community support in times of crisis.
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