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Pnb E Auction On 13 July 2022 Punjab National Bank E-auction Eligibility

PNB Mega E-Auction: If you also have a plan to...

PNB Mega E-Auction: If you also have a plan to buy a cheap house, then this is important news for you. Punjab National Bank has come up with a special mega e-auction for you, in which you will get a chance to buy cheap properties. In this, apart from residential, you will also get commercial and agricultural properties. PNB has given information about this by tweeting.

PNB tweeted
PNB has written in its official tweet that are you also planning to invest money in the property? If so, then PNB has come up with a special mega e-auction for you, in which you will get a chance to buy a cheap house.

How much property will be auctioned?

  • Residential Property – 12951
  • Commercial Property – 2579
  • Industrial Property – 1290
  • Agriculture Property – 103

Check official website
For more information about this e-auction of PNB, you can visit the official website https://ibapi.in/.

Organized under SARFAESI Act
Let us tell you that this auction will be completely transparent. Apart from this, this mega e-auction will be organized under the SARFAESI Act.

Which property is auctioned by the bank?
Let us tell you that many people take loan from the bank for property, but due to some reason they are unable to repay their loan, then the land or plot of all those people is taken over by the bank. Such properties are auctioned by banks from time to time. In this auction, the bank recovers its dues by selling the property.

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