Who can serve as my co –applicant in applying for a loan?

Who can serve as my co –applicant in applying for a loan?

Depending on the norms and policies of different banks, NBFCs and financial institutions, the eligibility for co-applicants differs. In general, most of these institutions do not allow minors, declared insolvents, and otherwise ineligible persons to become co-applicants. Mostly, business partners, father-son, husband-wife and other persons are allowed to become co-applicants for different types & categories of loans.