Punjab National Bank · Home Loan / LAP Settlement

Punjab National Bank Home Loan & LAP Settlement Guide

If your Punjab National Bank home loan or LAP is in default and an auction notice is approaching, settlement combined with SARFAESI defence is usually the fastest way to keep the property. This guide explains both tracks for Punjab National Bank borrowers.

Twin-track strategy

SARFAESI defence (13(3A) reply / DRT-SA) buys time while OTS negotiation runs in parallel with Punjab National Bank's home-loan recovery cell.

Discount range

Punjab National Bank home loan OTS typically closes at 65–85% of principal depending on age of NPA and current market valuation of the property.

Stopping the auction

Filing a DRT Securitisation Application with credible grounds + a sanctioned OTS proposal is the most reliable way to halt a Punjab National Bank auction.

Process

Notice audit → DRT-SA (if needed) → OTS proposal to Punjab National Bank → negotiation → sanction → payment → NOC + mortgage release.

Frequently asked questions

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