Bank of Maharashtra SARFAESI Demand Notice
Aug 03, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
financial express
This document is a formal demand notice issued by the Bank of Maharashtra under the SARFAESI Act, 2002, regarding a declared Non-Performing Asset (NPA).Borrower Details: The notice is addressed to M/S Vasundhara Enclave, represented by Mr. Yugandhar Vijay Bhadane, located in Pune.Outstanding Debt: The total amount due is Rs. 2,04,39,007.00, which includes interest accruing from June 28, 2026, plus additional costs.Mortgaged Property: The notice details two specific residential properties in Dapodi, Pune, that serve as collateral for this debt.Consequences: The borrower has 60 days from June 29, 2026, to settle the debt to avoid the bank seizing the assets.