What are your real intentions ?
What is the purpose of posting this in open forum, when Bank Officials visited your residene and asked you to come to Branch for negotiation ?
It appears that the Bank has filed suit and obtained even a decree against you. Simply by posting a query and seeking advises , you will not come out of the situation.
Anyhow, you have to pay the debt today or tomorrow, and now when AADHAR and other means are available, now a defaulter may escape temporarily but can not permanently escape from responsibility and become a wilful defaulter.
First contat Bank officials and then decide, without precipitating the problem and bringing a bad name to you and your family in the society.