State Bank of India – SARFAESI Demand Notice for Loan Recovery | Mahabubnagar
Jul 08, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
The Hans India
Description:
State Bank of India has issued a public Demand Notice under Section 13(2) of the SARFAESI Act, 2002, read with Rule 3 of the Security Interest (Enforcement) Rules, 2002, regarding a loan account classified as a Non-Performing Asset (NPA).
The notice is addressed to the legal heirs of the deceased borrower, Late Smt. Laxmamma, directing them to clear the outstanding dues of ₹41,19,346 (as on 19-06-2026) along with applicable interest, charges, and incidental expenses within 60 days from the date of publication of the notice. Failing payment, the Bank will initiate proceedings under Section 13(4) of the SARFAESI Act for enforcement of the secured asset.
Property Location:
H.No. 7-5-183/A/1, Plot No. 204, Lakshmi Nagar Colony, Yenugonda, Mahabubnagar, Telangana.
Notice Details:
Demand Notice Date: 19-06-2026
NPA Date: 10-06-2026
Publication Date: 08-07-2026
Contact:
RASMECCC Mahabubnagar, State Bank of India
D.No. 1-6-60, Dr. A.C. Keshavulu Complex, Near Yerrasatyam Chowrasta, Railway Station Road, Mahabubnagar – 509001.