Factory for Sale (Bank Auction) in Punjaipuliampatti, Erode – Indian Bank

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Locality

Punjaipuliampatti

City

Erode

State

Tamil Nadu

Pincode

638459

Address

Punjaipuliampatti, Tamil Nadu, 638459 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM SMALL COIMBATORE - 1586

Auction type

Bank Auction

Borrower

DURAIRAJ M**** L**

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID IDIB721882732)

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 IDIB721882732)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.