SARFAESI Act Demand Notice by Punjab National Bank
Jul 19, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
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This document is a Demand Notice issued by Punjab National Bank under the SARFAESI Act of 2002 regarding a loan classified as a Non-Performing Asset (NPA).It outlines the outstanding amount of ₹9,43,007.31 plus interest and charges as of June 9, 2026, owed by Shri Shubham Singh Chouhan.The notice indicates the bank's intent to take possession of the mortgaged property, located in Indore, if the amount is not paid within 60 days of June 20, 2026.The borrower is advised to pay the full outstanding amount to avoid further legal action or a