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Reading: In the year 2005, he took a loan of Rs 5 crore, a huge amount with interest and compound interest for 20 years, and finally the bank confiscated everything from the Bollywood actor.
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MixIndia > Blog > News > Film News > In the year 2005, he took a loan of Rs 5 crore, a huge amount with interest and compound interest for 20 years, and finally the bank confiscated everything from the Bollywood actor.
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In the year 2005, he took a loan of Rs 5 crore, a huge amount with interest and compound interest for 20 years, and finally the bank confiscated everything from the Bollywood actor.

Rakesh Sudheesan
August 15, 2024 7:09 pm 7:09 pm
Rakesh Sudheesan
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2 Min Read
In the year 2005, he took a loan of Rs 5 crore, a huge amount with interest and compound interest for 20 years, and finally the bank confiscated everything from the Bollywood actor.
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Rajpal Yadav is one of the most admired actors in Bollywood. He is known for his comedy roles. He had taken a loan from the bank. But he could not repay it. Now he has got Muttan job.

He had a building in Uttar Pradesh. A portion of it has now been seized by the Central Bank of India in Mumbai. This building was located in Shahjahanpur district of Uttar Pradesh. Part of this is the Mumbai-headquartered bank that has now been sealed. Bollywood media is also reporting this news.

This news was informed to the media by Manish Verma who is the Shahjahanpur manager of the bank. Raj Pal Yadav is a native of Shahjahan Puri. It was by constructing this building that he took Y from the Mumbai branch. But the actor has not yet responded to this incident.

The actor started a production company in the name of his parents in 2005. A loan of Rs 5 crore was taken from the Bank of India branch in Mumbai to raise money for this. But he was not able to repay this. Thus interest has been added on top of interest and it has now increased to Rs 11 crore. The action took place on August 8. Locals say that the bank authorities did not even give time to switch off the electrical equipment inside the office. They were directly locking and sealing the building.

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ByRakesh Sudheesan
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