🏦 Indian Overseas Bank – Demand Notice
Jun 16, 2026 • Syed • Legal Announcements / Legal Notices
Source:
Thehansindia.com
🏦 Indian Overseas Bank – Demand Notice (Ramagiri Vinod Enterprises)
📢 Loan Recovery Notice under SARFAESI Act
Indian Overseas Bank, Hindupur Branch, has issued a demand notice against M/s Ramagiri Vinod Enterprises and its proprietor for repayment of loan dues.
👤 Borrowers:
M/s Ramagiri Vinod Enterprises
J. K. Vinod Kumar
💰 Outstanding Amount: ₹47,05,437
📍 Mortgaged Property: Non-agricultural land located at Moda Village, Parigi Mandal, Sri Sathya Sai District, measuring approximately 2032.8 square yards (0.42 acres).
⚠️ Borrowers have been instructed to clear the dues within 60 days, failing which the bank may proceed with recovery action under the SARFAESI Act.