Other Asset for Auction in Punnam, Karur – BOI

Property Details

Property type

Other Asset (Others)

Possession

Symbolic Possession

Locality

Punnam

City

Karur

State

Tamil Nadu

Pincode

639002

Address

Punnam, Karur, Tamil Nadu, 639002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

KARUR SME-8264

Auction type

SARFAESI Auction

Borrower

M/s F** l*** f*** c****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 05:00 PM

EMD submission deadline

27 Oct 2026, 04:00 PM

Inspection

08 Oct 2026, 10:00 AM – 26 Oct 2026, 05:00 PM

Authorised officer

SASSI

Officer contact

8838797932

E-auction portal

BAANKNET (Property ID BKIDCBE28042603)

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 8 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKIDCBE28042603)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.