Can Bank can renewed loan documents while borrower is in jail for any reason.
Please confirm procedure for the same.
A peculiar doubt. If the borrower is in jail, how the operations are being conducted. You can seek clarification from the superior authority, and the due date can be extended for genuine reasons if the operations are satisfactory. The manager can take such forms necessary from the borrower by taking permission from Jail authorities. It is presumed that the account is not disclosed as NPA and renewal is not possible if it was disclosed as NPA
