Flat for Auction in Visakhapatnam – PNB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Pincode

530046

Address

Visakhapatnam, Andhra Pradesh, 530046 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB VISAKHAPATNAM 833300

Auction type

Bank Auction

Borrower

AXIS C***** S*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 03:00 PM

Inspection

—

Authorised officer

AnilKumar B

Officer contact

9831200669

E-auction portal

BAANKNET (Property ID PUNBDI457951113)

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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBDI457951113)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 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.