Bank Seals Actor Rajpal Yadav’s UP Property for Non-Repayment of Loan

Lucknow: Bollywood actor Rajpal Yadav’s property worth crores in Uttar Pradesh’s Shahjahanpur has been sealed by a Mumbai bank over non-repayment of loan.

The actor had taken Rs 5 crore from the Bandra Kurla Complex branch of Central Bank of India in Mumbai by mortgaging his ancestral property in Shahjahanpur.

As per reports, he had set up ‘Navrang Godavari Entertainment Limited’, a production house, in the name of his parents in 2005 after taking the loan from the bank.

At the time of the sealing of property, Rajpal Yadav owed the bank Rs 11 crore.

Reports state that on August 8, a team from the bank sealed his palatial house located near Shahjahanpur’s dak bungalow.