My grandfather took a RML from SBI in 2008 against his house. The assessed value of the property was Rs. 66.50 Lacs. He was in need of Rs. 5 Lacs at that time so he took that amount. Since then he has taken nothing from the bank. Now he is in need of Rs. 25 Lacs and wishes to receive the amount through the same. Can he get another payment in lump sum?
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