Good News! PNB is selling 2490 houses, can bid in these cities

In this auction, you can buy property by bidding for less than the market price. Under this mega e-auction, you will be able to buy many types of properties from home to shops directly from the bank at the right prices.

In the next one week, 2490 residential properties, 607 commercial and 255 industrial properties will be auctioned.

If you are also planning to buy your own house, then go for public sector Punjab National Bank (Punjab National Bank- PNB, Got a special offer for you. Under this offer you can buy house, shop and land cheaply. If you also want to participate in this mega e-auction, then remember the date of 15th February because on this day this Mega E-Auction will be held on In the next one week, 2490 residential properties, 607 commercial and 255 industrial properties will be auctioned. Punjab National Bank has given information about this by tweeting.

In this auction, you can buy property by bidding for less than the market price. Under this mega e-auction, you will be able to buy many types of properties from home to shops directly from the bank at the right prices. But before bidding, it is very important that you check the list once because these properties are in different states.

PNB has written in its official tweet that PNB is conducting online mega e-auction of residential and commercial properties across the country on 15 February 2022. PNB is conducting the e-auction in a transparent manner under the SARFAESI Act.

These properties will be auctioned

Banks auction those properties, people who have taken loans from the bank for a long time. And due to some reason either those people are not able to repay the loan or there is a deliberate refusal to repay the loan. The land or plot of such people is taken over by the bank. After a time, the bank auctions such property and recovers its money from the auctioned property.

will have to register

To participate in the auction, one has to first register by visiting the eBKray portal. Next, click on the bidders registration and enter the phone number, email address and ID. After this, upload all your documents and complete the process of KYC.

Thereafter, the bidder should transfer the EMD amount to the Global EMD Wallet. Now you have to upload your challan on the e-auction platform. After this you can bid online or offline on the e-auction platform.

Also read- After Air India, the government is preparing to sell its subsidiary company, process started



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