🏦 State Bank of India – Demand Notice
Jun 16, 2026 • Syed • Legal Announcements / Legal Notices
Source:
Thehansindia.com
🏦 State Bank of India – Demand Notice
📢 Loan Recovery Notice under SARFAESI Act
State Bank of India, Mahabubnagar, has issued a demand notice against borrower Sri Kalakonda Yadaiah and associated parties regarding loan default.
💰 Outstanding Amount: ₹20,29,708 plus applicable interest, charges, and expenses.
📍 Secured Asset: Residential property situated at Appanapally Hamlet, Yedira, Mahabubnagar District.
⚠️ The borrower has been directed to repay the dues within the stipulated period, failing which the bank may enforce the secured asset under SARFAESI provisions.