Elderly couple face eviction from makeshift shed after house attachment
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Padmanabhan and Devi said Union Bank officials have given them an ultimatum to vacate the premises by Monday.
The couple had availed a loan of Rs 16 lakh in 2015 by pledging their property to fund their daughter's marriage and to renovate their house. Devi said they repaid Rs 13 lakh but were unable to clear the remaining dues after Padmanabhan fell seriously ill and required ongoing treatment.
"Now the bank is saying that we still owe Rs 25 lakh. We are in no position to repay it and they are not even allowing us to stay on the property. We have nowhere else to go. The only option left is to end our lives," Devi said.
Their daughter is employed at Pariyaram medical college and their son lives nearby in a rented house, the couple added.
The bank has deployed security personnel in front of the attached property.
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