Process follow by Bank for recoveryt when any Home Loan account account become NPA.
1. Issue bank notices
2. Case of Cheque Dishonour under Cheque Bounce Case
3. 13(2) notice under SAFAESI Act
4. 13(4) final notice under SARFAESI Act
5. Property Auction
6. If dues are not recovered than CIVIL Suit
Murari Garg
9717550964( Whatsapp)
#homeloan #npa #recoveryprocess #SARFAESI #propertyauction #hl
Bank process for Recovery in NPA Home Loans
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