loan defaulter

Owning a home is one of the basic necessities of life. Home loans are designed to make this necessity happen. Once you get the loan you have to start paying monthly EMIs until you complete the tenure of the loan. The process will go fine if you pay the EMIs on time, but in case […]

Property through bank auctions People mortgage their properties with banks to avail loans. The banks have the right to recover the mortgaged properties from a defaulted borrower. The recovered properties are sold subsequently sold by bank through auction. The bank thus recover the dues and if there is any excess realised through the auction, then […]