Property Auction SARFAESI & RDDBFI Act for Non Payment of Loans - Legalseva.net Free Legal Advice Chandigarh Panchkula Mohali Zirakpur Mon, 27 May 2024 05:10:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://legalseva.net/wp-content/uploads/2020/06/cropped-LegalSeva-logo-32x32.jpg Property Auction SARFAESI & RDDBFI Act for Non Payment of Loans - Legalseva.net 32 32 Property Auction SARFAESI & RDDBFI Act for Non Payment of Loans https://legalseva.net/property-auction-sarfaesi-rddbfi-act-for-non-payment-of-loans/ Thu, 28 Jan 2021 06:57:09 +0000 https://legalseva.net/?p=5224 In this post we will talk about  the procedure for auction of property by bank if the borrower fails to pay his debt. The SARFAESI Act applies to loans above Rs. 1 lakh that are classified as NPAs. It excludes loans where more than 80% has been repaid and certain types of assets like agricultural ... Read more

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