SBFC Finance Limited Demand Notice
Aug 18, 2026 • Arjuman Rafath13 • Public Hearings / Legal Notices
Source:
free press journal
The image shows a public Demand Notice published by SBFC Finance Limited under Section 13(12) of the SARFAESI Act, 2002, targeting loan defaulters whose accounts were classified as Non-Performing Assets (NPAs). It lists borrower names, loan account details, outstanding amounts, and secured property addresses in Madhya Pradesh.Borrower 1: Sharafat Kha and Pravin Bee (Ratlam/Jawas, M.P.) with an outstanding amount of ₹10,06,690 as of 17th July 2026.Borrower 2: Virendrasingh Panwar and Pinka Kunwar (Ujjain/Makdon, M.P.) with an outstanding amount of ₹22,86,089 as of 17th July 2026.Action Required: Borrowers are called upon to repay the dues within 60 days from the notice date (28th July 2026), failing which possession of the secured assets will be taken under Section 13(4) of the Act.