Canara Bank of having its Head office at Bangalore, Br. at Chikkerur vs Basanagouda S/o Shadiyappa Gurambalavar — 56/2024

Summary The Senior Civil Judge of Hirekere ruled on March 6, 2026, that Canara Bank is partially entitled to recover Rs. 8,40,421/- from the defendant (Basnagoud) at 6% annual interest within 6 months from the judgment date. The defendant had borrowed Rs. 4,00,000/- under the Kisan Credit Card scheme on September 27, 2017, at 10.85% interest for agricultural purposes but failed to repay, and the bank established its claim through documentary evidence and testimony. If the defendant fails to repay, the court authorized the bank to proceed with legal foreclosure of mortgaged property. This case analysis is maintained by casestatus.in based on publicly available court records.