GulfHindi English Desk: Punjab National Bank (PNB) is set to auction thousands of properties in India that have not been able to repay their loans. This online auction provides a great opportunity for individuals looking to purchase affordable properties. Punjab National Bank will be auctioning 11,374 houses, 2,155 shops, 1,113 industrial establishments, 98 agricultural lands, and 45 other properties. All the information regarding these auctions can be found on the bank’s website, www.ibapi.in.
To participate in the e-auction, interested buyers need to visit the bank’s website and find details about the properties available for auction. After selecting a property, buyers will be required to deposit the specified amount mentioned in the notice and submit their KYC documents at the bank branch.
Important information regarding the auction includes the auction date, which is on July 20, 2023, and the number of properties being auctioned. The website, www.ibapi.in, is where buyers can find all the necessary information about the e-auction process.
This auction provides a unique opportunity for individuals in India to invest in affordable properties and make safe long-term investments. With so many properties available, buyers should not miss out on this chance to purchase properties at discounted prices.
en.gulfhindi.com News Summary
👉Majority of people in India prefer investing in property as a long-term secure investment.
👉Punjab National Bank is conducting an auction of several properties whose owners have not repaid the loans taken from the bank.
👉The auction will be conducted online and you can purchase affordable properties through it.
👉Punjab National Bank is auctioning 11,374 houses, 2,155 shops, 1,113 industrial establishments, 98 agricultural lands, and 45 other properties.
👉To participate in the e-auction, you need to visit the bank’s website www.ibapi.in and find all the information about the auction.
👉To participate in the e-auction, you need to deposit the specified amount mentioned in the notice and submit your KYC documents at the branch.
👉Important information about the auction includes the date of the auction (20th July 2023), the number of properties being auctioned, and the website www.ibapi.in.
👉The process to participate in the e-auction includes visiting the bank’s website, depositing the auction amount, and submitting KYC documents at the branch.
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