Opportunity to buy houses, shops and plots cheaply, Auction of properties from PNB Bank | PNB mega e auction give chance to get reasonable prices for residential and commercial property

Opportunity to buy houses, shops and plots cheaply, Auction of properties from PNB Bank | PNB mega e auction give chance to get reasonable prices for residential and commercial property

PNB | The assets will be auctioned by Punjab National Bank, the country’s second largest state-owned bank. The auction will be conducted online from August 12.

Opportunity to buy houses, shops and plots cheaply, auction of properties from PNB Bank

PNB Bank

Mumbai: If you are looking to buy a house or a shop cheaply, there is a great opportunity for you. Some properties are currently being auctioned by Punjab National Bank (PNB). In this you can buy a house or shop cheaply. (PNB mega e auction give chance to get reasonable prices for residential and commercial property)

The assets will be auctioned by Punjab National Bank, the country’s second largest state-owned bank. The auction will be conducted online from August 12. In it you can buy houses, shops and plots at cheaper rates.
PNB Bank had confiscated the assets of some borrowers for non-payment of loans. This includes 13,700 residential and 3,088 commercial properties. In addition, 1541 industrial buildings and agricultural properties are included. A total of 11 banks will participate in this.

What will you do to participate in the auction process?

* You can apply online to participate in the auction process.
* To participate in the online auction process, you are required to deposit an Earnest Money Deposit (EMD).
* It is mandatory to submit your documents at the nearest branch of the concerned bank.
* E-signature required to participate in the auction process.
* After depositing EMD and KYC, you will be sent an email ID and login password by the e-auction organization. You can then participate in the e-auction process by logging on to the portal.

Auction of flats from Air India to offset losses

The property was recently auctioned off by Air India. This will make it possible for the company to make up for the loss. For this, Air India sold some luxurious properties in Mumbai and Delhi.

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(PNB mega e auction give chance to get reasonable prices for residential and commercial property)

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