Section 13(2) Notice Help
A section 13(2) notice is the first SARFAESI notice giving the borrower 60 days to repay before enforcement action begins. For farmers, this can be stressful and time-sensitive. We help you understand exactly what the notice means, what deadlines apply, and how to respond calmly and in an informed way.
What this notice means
A section 13(2) notice is the first SARFAESI notice giving the borrower 60 days to repay before enforcement action begins. Recognising which stage of the recovery process it represents is the first step to responding correctly.
How to respond in time
The right response is to use the 60-day window to raise a representation or prepare a resolution proposal for the bank. Missing a stated deadline can narrow your options, so acting promptly matters.
Keeping resolution on the table
Receiving a notice does not automatically close the door on settlement. We help you prepare a response and, where appropriate, a structured resolution proposal for your bank.
Frequently asked questions
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