State Bank of India Possession Notice (For Movable Property/Asset)
Aug 05, 2026 • Arjuman Rafath13 • Public Hearings / Legal Notices
Source:
the pioneer
This is a formal possession notice from the State Bank of India, Piplanwala Branch, regarding a movable asset.The notice indicates the bank has taken possession of a Maruti Baleno Delta car due to defaulted loan repayments.The total outstanding amount listed is Rs. 1,85,200/- plus additional interest and expenses.The possession action is taken under the SARFAESI Act, 2002, specifically for movable property.