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HBFC loan recovery drive

RECORDER REPORT

HYDERABAD: The zonal manager, House Building Finance Corporation, Hyderabad has called upon the defaulters to clear their house building loans in their own interest as the corporation had already started a recovery campaign.

He said that in order to comply with the legal formalities, notices had already been issued to the defaulters after which legal proceedings will be instituted against them in the relevant court of law at the risk and cost of the defaulters.

He warned that instructions in this regard had already been issued to the district managers of Hyderabad, Mirpurkhas, Thatta, Sanghar, and Nawabshah.