Sarfaesi act applicability for unsecured advances

Praveen Choubey (Querist) 18 June 2015 This query is : Open
Dear Sir,

One borrower has availed one Housing Loan and repyaing regularly with NIL overdue.

The same borrower has also availed one Personal Loan and defaulted in repayment which resulated in huge overdue.

Since both accounts are in same cust-id, both accounts are marked NPA.

My query is, whether we may initiate SARFAESI action against the borrower.
If Yes, then whether we may include the outstanding dues of Personal Loan in the demand notice.

Please guide!!

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