Jabalpur Canara Bank on Thursday in a loan recovery case on the orders of Recovery Officer Satish Solanki of Debt Recovery Tribunal Jabalpur, with the help of Recovery Inspector Anuj Singh, in the presence of bank employees, the defaulting borrower was arrested.
The case is 10 years old for loan default and would be presented before DRT Jabalpur for further action.
Meanwhile, the defaulter has offered immediate settlement, which has been informed to the Senior Office for consideration.Canara Bank's DRT Licensing Officer and Senior Manager Vidhi Ashish Pandey said that this action has been taken on the orders of the Recovery Officer of Honorable DRT, Jabalpur and willfully not give the bank money. The bank takes strict action against the defaulter and on the orders of the DRT, their arrest and civil jail proceedings are taken including attachment and sale of their movable immovable properties, as well as told that the bank has various schemes of settlement in which the bank is good.
Compromises at concessional rates, but the bank takes strict action against the defaulters who do not return the money to the bank despite being capable.
Pandey said that the bank is now going to take similar action against the defaulters and their sureties who will not pay the money intentionally and if you want to avoid this unpleasant situation, then immediately contact your nearest branch and get your problem or settlement. discuss about.