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Keralam: Woman found hanging as bank officials arrive for attachment proceedings over unpaid housing loan

Kavitha’s family had borrowed around ₹25 lakh to ₹26 lakh from the Naduvannur branch of South Indian Bank five years ago to construct the house.

Published Nov 13, 2026 | 6:41 PM ⚊ Updated Nov 13, 2026 | 6:41 PM

Keralam: Woman found hanging as bank officials arrive for attachment proceedings over unpaid housing loan
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Synopsis: A 42-year-old woman, Kavitha, was found hanging in an ancestral house adjacent to her residence in Koothali near Perambra in Kozhikode district on Friday, when bank officials and police arrived to attach her house over an unpaid housing loan. The family had borrowed ₹25 lakh to ₹26 lakh from South Indian Bank five years ago to construct the house, but fell behind on instalments.

A 42-year-old woman was found hanging in an old ancestral house adjacent to her residence in Koothali near Perambra in Keralam’s Kozhikode district on Friday, 13 November, when bank officials and police arrived to attach her house for failure to repay a housing loan.

The deceased, Kavitha, originally hailed from Payyoli. Her husband, Babu, works at a paint shop in Kainatti, Vadakara. The couple has two daughters, both students.

At around 11 am, a team of bank officials, accompanied by an advocate commissioner and police personnel, reached Kavitha’s house. Finding it locked, they began making enquiries with neighbours. A search of the adjoining property led them to Kavitha, who was found hanging.

She was rushed to a nearby hospital but could not be saved. Her body was later shifted to Perambra Taluk Hospital.

Also Read: Keralam Home Minister’s office digitises complaints, enables citizens to track action on phones

Loan default and attachment proceedings

Kavitha’s family had borrowed around ₹25 lakh to ₹26 lakh from the Naduvannur branch of South Indian Bank five years ago to construct the house. The loan was initially repaid, but the family later fell behind on instalments. The outstanding amount, including interest, rose to around ₹50 lakh.

Following discussions with the bank, the liability was reduced by ₹15 lakh, bringing the amount payable to around ₹35 lakh. The family could not arrange the money, and the matter subsequently reached court.

A court-authorised notice for attachment of the property was served on the homeowner two days before the incident. The family had also been informed that bank officials, an advocate commissioner and police personnel would arrive on Friday morning to carry out the proceedings.

(Edited by Dese Gowda)

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