Archive · 6 Sep 2026
Bank Confiscates Ex-TMC Councillor’s Birbhum Property Over Loan Default
A private bank took control of a former politician’s house and land in Birbhum.
The bank said he had taken a loan of Rs 3 crore.
It said he did not keep up with the payments.
The bank went to court and received permission to attach the property.
Police, bank officials and lawyers were present during the action.
Banamali Ghosh disagreed with the bank’s account.
He said middlemen took Rs 40 lakh from him after the loan was given.
He also said he had been paying installments and asked for more time.
The property takeover was peaceful but caused a political dispute.
A private bank took possession of Banamali Ghosh’s house and land in Dubrajpur, Birbhum.
Ghosh, a former Dubrajpur Municipality councillor, allegedly obtained a Rs 3-crore credit facility in 2023.
Bank sources said continued non-payment led the lender to obtain a Chief Judicial Magistrate’s attachment order.
Ghosh alleged intermediaries took Rs 40 lakh from him after the loan was disbursed.
He said he had paid installments, sought a three-month extension and proposed a settlement before the action.
- Who
- Banamali Ghosh, former Ward 1 councillor of Dubrajpur Municipality, and a private sector bank.
- What
- The bank took possession of Ghosh’s mortgaged house and adjoining land over an alleged Rs 3-crore loan default.
- When
- The enforcement action took place on Sunday; Ghosh said he learned of the Chief Judicial Magistrate’s order on August 14.
- Where
- Ranjanbazar, Dubrajpur, in West Bengal’s Birbhum district.
- Why
- The bank cited continued non-payment and acted under a court order; Ghosh disputed the allegations and claimed he was defrauded by intermediaries.
Bank’s Account
Ghosh’s Account
Reason for property action
Bank’s Account
The bank said Ghosh continuously failed to repay the Rs 3-crore credit facility, prompting it to obtain a court order to attach the mortgaged properties.
Ghosh’s Account
Ghosh said he had regularly paid loan installments for two years and was denied adequate time to settle the dues.
Loan proceeds
Bank’s Account
Bank sources described the matter as a loan account affected by continuous non-payment.
Ghosh’s Account
Ghosh alleged that intermediaries took Rs 40 lakh from him by cheque immediately after the loan was disbursed.
Opportunity to resolve the dispute
Bank’s Account
The bank rejected Ghosh’s request for a three-month extension and one-time settlement before proceeding with enforcement.
Ghosh’s Account
Ghosh said he personally approached the bank’s Kolkata headquarters seeking additional time and a settlement plan.
- Loan amount
- Rs 3 crore, according to bank sources
- Loan year
- 2023
- Property
- Ghosh’s house and adjoining land
- Enforcement location
- Ranjanbazar, Dubrajpur, Birbhum
- Court order
- An attachment order from the Chief Judicial Magistrate
- Ghosh’s allegation
- Intermediaries allegedly took Rs 40 lakh by cheque after disbursement
- Proposed resolution
- Ghosh said he requested a three-month extension and proposed a one-time settlement