Plant & Machinery for Auction in Tiruchirappalli – IOB

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Locality

—

City

Tiruchirappalli

State

Tamil Nadu

Pincode

620001

Address

Tiruchirappalli, Tamil Nadu, 620001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

IRUDAYAPURAM, TRICHY-1267

Auction type

SARFAESI Auction

Borrower

Mr. M K**** B****

Auction start

30 Nov 2026, 10:00 AM

Auction end

30 Nov 2026, 03:00 PM

EMD submission deadline

29 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 10:00 AM – 29 Nov 2026, 03:00 PM

Authorised officer

Mr.Sunkara Raghavendra

Officer contact

8925951267

E-auction portal

BAANKNET (Property ID IOBA080610141)

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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA080610141)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.