Plant & Machinery for Auction in Mandideep, Raisen – Indian Bank

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Symbolic Possession

Locality

Mandideep

City

Raisen

State

Madhya Pradesh

Pincode

462046

Address

Mandideep, Madhya Pradesh, 462046 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

BHOPAL - 530

Auction type

SARFAESI Auction

Borrower

M BY S T***** P*****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 05:00 PM

EMD submission deadline

20 Nov 2026, 05:00 PM

Inspection

02 Nov 2026, 12:00 PM – 19 Nov 2026, 05:00 PM

Authorised officer

PRAVAKAR SAHOO

Officer contact

8780783580

E-auction portal

BAANKNET (Property ID IDIB110740067651)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 2 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB110740067651)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.