Rajpal Yadav's UP Property Sealed by Bank Over Unpaid Loan of Rs 11 Crore
A part of Rajpal Yadav's property in UP has been sealed by a Mumbai bank due to non-payment of a loan.
Rajpal YadavUp PropertyBank LoanCentral Bank Of IndiaBollywood ActorReal Estate MumbaiAug 15, 2024
The property was sealed by the Central Bank of India's Mumbai branch after Rajpal Yadav failed to repay a loan of Rs 11 crore. According to sources, the actor had taken a loan of Rs 5 crore from the bank in 2005 to set up a production house, Navrang Godavari Entertainment Limited, in the name of his parents.
When contacted, the actor declined to comment on the matter. However, sources close to him said that he had been struggling to repay the loan, which had accumulated to Rs 11 crore.
On August 8, a team from the Mumbai bank sealed a part of the house located near the dak bungalow. Locals reported that the bank officials sealed the building in such a hurry that they failed to even switch off electrical items inside the house.
Rajpal Yadav is a well-known actor who has appeared in several Bollywood films. He hails from Kunda village of Shahjahanpur district and visits the place at least once every year.
The actor's theatre guru, Jarif Malik, said that Rajpal Yadav became interested in theatre during his stay in Shahjahanpur. He did theatre in Shahjahanpur from 1987 to 1992 before moving to Bharatendu Natya Akademi in Lucknow and then to National School of Drama in Delhi.
Information
Rajpal Yadav is an Indian actor who has appeared in several Bollywood films. He is known for his comedic roles and has won several awards for his performances
Central Bank of India is a public sector bank that was established in 1911. It has its headquarters in Mumbai and has a large network of branches across the country.
Frequently Asked Questions
Why was Rajpal Yadav's property sealed by the bank?
The property was sealed by the bank due to non-repayment of a loan of Rs 11 crore.
How much loan did Rajpal Yadav take from the bank?
The actor took a loan of Rs 5 crore from the bank in 2005.
What is the name of Rajpal Yadav's production house?
The name of the production house is Navrang Godavari Entertainment Limited.
Where is Rajpal Yadav from?
The actor is from Kunda village of Shahjahanpur district in Uttar Pradesh.
What is Rajpal Yadav's background in theatre?
The actor did theatre in Shahjahanpur from 1987 to 1992 before moving to Bharatendu Natya Akademi in Lucknow and then to National School of Drama in Delhi.
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