Plant & Machinery for Sale (Bank Auction) in Visakhapatnam, Madhurawada, Visakhapatnam – SBI

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Locality

Visakhapatnam, Madhurawada

City

Visakhapatnam

State

Andhra Pradesh

Pincode

530048

Address

VISAKHAPATNAM, Madhurawada, Andhra Pradesh, 530048 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SPECIAL SME VISAKHAPATNAM-63646

Auction type

SARFAESI Auction

Borrower

M/s A*** A*** A** F*** I*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID SBIN0063646ARKA3)

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 SBIN0063646ARKA3)), 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.