Demand Notice Under SARFAESI Act – Indian Bank, Vijayawada
Aug 16, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
The Hans India
Indian Bank, Prakasam Road Branch, Vijayawada has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002, concerning outstanding dues under two home loan accounts.
Loan Accounts:
Home Loan Account No. 5131930400
Home Loan Plus Account No. 6511217455
Outstanding Amount: Rs. 13,05,147 as on 15-07-2026, along with further interest from 16-07-2026 until repayment.
The loan accounts were classified as NPA on 09-07-2026. The borrowers have been called upon to repay the outstanding amount within 60 days from the date of the notice, failing which the bank may proceed with enforcement of the security interest.
Mortgaged Properties:
Schedule A: 2976.6 sq. yards of property at Mangalagiri village, Guntur District, Municipal Ward No. 5, D.No. 195/B3.
Schedule B: 59.50 sq. yards undivided share of land with Flat No. G-8, Deepika Residency, RCC plinth area of 1150 sq. ft., along with common and parking areas.
Notice Date: 16-07-2026
Contact: Authorised Officer, Indian Bank, Prakasam Road Branch
Address: #27-6-170, Beside Annapurna Theatre, Prakasam Road, Governorpet, Vijayawada – 520002