Plant & Machinery for Auction in Chinnathadagam, Coimbatore – Indian Bank

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Locality

Chinnathadagam

City

Coimbatore

State

Tamil Nadu

Pincode

641108

Address

Chinnathadagam, Tamil Nadu, 641108 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM SMALL COIMBATORE - 1586

Auction type

SARFAESI Auction

Borrower

Sri L***** P**** P*****

Auction start

28 Sep 2026, 11:00 AM

Auction end

28 Sep 2026, 04:00 PM

EMD submission deadline

28 Sep 2026, 04:00 PM

Inspection

21 Sep 2026, 10:00 AM – 22 Sep 2026, 04:00 PM

Authorised officer

V Vijaya Poornima

Officer contact

9442646501

E-auction portal

BAANKNET (Property ID IDIB6428080909)

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 21 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB6428080909)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 28 Sep 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.