JUDGMENT

(Dated this the 23^rd day of February, 2026)

The Petitioner availed a loan from the Respondent Bank in the year 2017 for an amount of ₹15,00,000/-. In order to secure the said loan, the Petitioner hypothecated his only residential property in favour of the Respondent Bank. When there was default in repayment, the bank initiated SARFAESI proceedings against the petitioner.

2. The learned Standing Counsel appearing for the respondents, on instructions, submits that as on today, the total overdue amount comes to Rs.6,39,497/- (Rupees six lakhs thirty nine thousand four hundred ninety seven only).

3. The counsel for the petitioner seeks an indulgence from this court to grant installments to wipe off the overdue amount. The respondent Bank is willing to accept repayment of overdue amount in limited installments. This is recorded.

4. Having heard the counsel appearing for the petitioner as well as the Standing counsel appearing for the respondent bank, I deem it appropriate to dispose of the writ petition with the following directions:

(i) The petitioner shall pay the overdue amount of Rs.6,39,497/- (Rupees six lakhs thirty nine thousand four hundred ninety seven only) along with any