Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611682
Bank Name:Indian Bank
Branch Name:Zonal Office, Jalandhar
Reserve Price:₹13,61,000
EMD:₹1,36,100
Bid Increment:₹5,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a residential house located in Jalandhar, Punjab, being auctioned by Indian Bank. The property is associated with Mr. Ravi Kumar. The auction is being conducted under the SARFAESI Act.
State:Punjab
City:Jalandhar
Area:Jalandhar
Asset Category:Residential
Full Address:Village Sansarpur, Tehsil & District Jalandhar, Sansarpur, Jalandhar
Size:4 Marla
Auction Description
Indian Bank is holding a SARFAESI auction for a residential house in Jalandhar, Punjab. The reserve price for this auction is ₹13,61,000, with an Earnest Money Deposit (EMD) of ₹1,36,100. The auction will take place on November 18, 2025, starting at 10:00 AM and concluding at 4:00 PM.
Borrower Name:Mr. Ravi Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Manju, Sh Saleem Shehzada
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Jalandhar, offered at a reasonable reserve price. While the location is not specified as 'prime,' the auction terms are standard, presenting a calculated opportunity for potential buyers. The physical possession status adds to its appeal.
Contact Details
Branch:Branch Office : Zonal Office, Jalandhar
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
