Process comply with by Bank for recoveryt when any Home Loan account account turn into NPA.
1. Issue financial institution notices
2. Case of Cheque Dishonour beneath Cheque Bounce Case
3. 13(2) discover beneath SAFAESI Act
4. 13(4) ultimate discover beneath SARFAESI Act
5. Property Auction
6. If dues will not be recovered than CIVIL Suit
Murari Garg
9717550964( Whatsapp)
#homeloan #npa #recoveryprocess #SARFAESI #propertyauction #hl
source