Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612259
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE : FAZILKA
Reserve Price:₹8,64,000
EMD:₹86,400
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential house located in Fazilka, Punjab, offered for auction by Punjab National Bank. The property is situated in the Fazilka area and is being auctioned under the SARFAESI Act. The borrower's name associated with this property is Mrs. Raj Rani.
State:Punjab
City:Fazilka
Area:Fazilka
Asset Category:Residential
Full Address:Ward No. 7, Backside Govt. Primary School, Basant Nagar, Jaitu, Distt.-Faridkot (Punjab), Basant Nagar, Jaitu, Fazilka
Size:133.33 sq. yard
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Fazilka, Punjab. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is ₹8,64,000, with an Earnest Money Deposit (EMD) of ₹86,400 required to participate.
Borrower Name:Mrs. Raj Rani
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Pawan Kumar, Mr. Chiman Lal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Fazilka, Punjab, offered at a reasonable reserve price. While the location is not explicitly prime, the physical possession status is positive. A calculated approach is advised, considering the local market conditions and auction terms.
Contact Details
Branch:Branch Office : CIRCLE OFFICE : FAZILKA
Service Provider:BAANKNET
Contact Details:
Mr. Prem Kumar
Contact no:9829890590
