Plant & Machinery for Auction in Ludhiana – Indian Bank

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Locality

—

City

Ludhiana

State

Punjab

Pincode

141008

Address

Ludhiana, Punjab, 141008 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM LARGE LUDHIANA - 7508

Auction type

SARFAESI Auction

Borrower

M/s R***** C***** P*** L***

Auction start

12 Oct 2026, 10:00 AM

Auction end

12 Oct 2026, 05:00 PM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

06 Oct 2026, 02:00 PM – 06 Oct 2026, 04:00 PM

Authorised officer

AKHIL BHARDWAJ

Officer contact

9888616776

E-auction portal

BAANKNET (Property ID IDIBRISHAB01)

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 6 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBRISHAB01)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.