Other Asset for Auction in Maruteru, Bhimavaram – Indian Bank

Property Details

Property type

Other Asset (Others)

Possession

Symbolic Possession

Locality

Maruteru

City

Bhimavaram

State

Andhra Pradesh

Pincode

534122

Address

Maruteru, Andhra Pradesh, 534122 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

TANUKU - 41

Auction type

SARFAESI Auction

Borrower

SRI V***** T*****

Auction start

20 Nov 2026, 10:00 AM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

19 Nov 2026, 04:00 PM

Inspection

04 Nov 2026, 09:00 AM – 18 Nov 2026, 04:00 PM

Authorised officer

LALITH

Officer contact

9908124515

E-auction portal

BAANKNET (Property ID IDIB06712555735B)

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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB06712555735B)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 04:00 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.