Kerala Gramin Bank, Payangadi Branch vs Anoop P — 407/2023

The Munsiff's court decreed the suit in favor of Kerala Gramin Bank against the defendants for recovery of an education loan of ₹1,34,000 with accrued dues. The defendants, who failed to appear despite proper service of summons, were ordered to pay ₹1,40,165 with 6% per annum interest from the date of suit until realization, plus costs. The court relied on the loan agreement, guarantee agreement, debt acknowledgments, and bank statements as evidence of the defendants' liability. This case analysis is maintained by casestatus.in based on publicly available court records.