Actor Rajpal Yadav is facing fresh financial troubles after the Central Bank of India issued an attachment notice on his ancestral property in Shahjahanpur, Uttar Pradesh, over an unpaid loan of ₹16.61 crore, writes Indian Express.
The bank has warned that if the outstanding dues are not cleared within the stipulated period, the mortgaged properties will be auctioned online on 9 September.
The latest development comes weeks after the Delhi High Court sentenced the actor to three months’ imprisonment in a long-running cheque bounce case linked to his directorial debut, Ata Pata Lapata.
According to reports, the bank has pasted an attachment notice on Rajpal Yadav’s ancestral house in Kundra village.
Another property in Shahjahanpur has also been included in the recovery proceedings. The combined value of the two properties is estimated at around ₹3.19 crore.
Rajpal Yadav’s elder brother, Shripal Yadav, told Dainik Bhaskar that the issue was not new and expressed confidence that it would be resolved before any auction takes place.
“This is an old matter. Talks are underway with the bank regarding loan repayment. The matter will be resolved soon. Currently, there is no situation like property auction,” he said.
Central Bank manager Anuj Verma also confirmed that the attachment notice had been placed on the ancestral property.
He said the bank had initiated similar proceedings around two years ago before reaching a repayment arrangement with the actor.
The dispute dates back to 2005, when Rajpal Yadav reportedly established Navrang Godavari Entertainment Limited in the name of his parents and borrowed ₹5 crore from the Central Bank of India’s Bandra Kurla Complex branch in Mumbai to finance his directorial debut, Ata Pata Lapata.
The film failed commercially, and the loan allegedly went into default. Over the years, interest and other charges increased the outstanding amount to ₹16.61 crore, according to the latest bank notice.
Reports state that Rajpal mortgaged multiple properties in Shahjahanpur as collateral. Properties belonging to his wife Radha Yadav and his mother Godavari Yadav were also reportedly pledged as guarantees, prompting the bank to initiate recovery proceedings.
This is not the first action taken by the bank. In August 2024, the Central Bank reportedly sealed part of Rajpal Yadav’s Shahjahanpur property after the outstanding dues had risen to around ₹11 crore.
At the time, officials from the bank’s Mumbai branch carried out the sealing process at a property near the Dak Bungalow in Shahjahanpur.
The local branch manager confirmed that the property had been mortgaged to secure the loan.
The recovery proceedings come amid Rajpal Yadav’s ongoing legal battle in a cheque bounce case linked to the same loan.
On 7 July, the Delhi High Court sentenced the actor to three months’ imprisonment in seven cheque bounce cases.
The court also directed him to pay ₹1.05 crore in each case, while noting that nearly ₹2 crore already deposited by the actor would be adjusted against the total liability.
The case has been ongoing for several years.
In 2018, a magistrate’s court convicted Rajpal Yadav and his wife, Radha Yadav, sentencing him to six months in jail. The conviction was upheld by a sessions court in 2019.
In June 2024, the Delhi High Court temporarily stayed the sentence and directed the actor to clear outstanding dues of around ₹9 crore.
After he failed to comply, the court ordered him to surrender in February 2026. Rajpal surrendered at Tihar Jail on 5 February and was granted interim bail 12 days later.
On the work front, Rajpal Yadav was recently seen in Welcome to the Jungle and will next appear in Priyadarshan’s Haiwaan, alongside Akshay Kumar and Saif Ali Khan.
