Property for Auction in Vembakottai, Virudhunagar, Tamil Nadu
Auction ID:550806
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹2,39,400
EMD:₹23,940
Service Provider:BAANKNET
Submission Date:12-08-2025 05:00 PM
Bid Start Date:13-08-2025 10:00 AM
This bank auction property is located in Vembakottai, Virudhunagar district, Tamil Nadu. It is a residential property consisting of both land and a building, previously mortgaged to Indian Overseas Bank by borrower Mr Vignesh V. Situated in the state of Tamil Nadu, this asset offers a chance to own real estate in the Virudhunagar region. The property is being auctioned under the SARFAESI Act.
State:Tamil Nadu
City:Virudhunagar
Area:Vembakottai
Asset Category:Residential
Indian Overseas Bank invites bids for a SARFAESI Auction in Vembakottai, Virudhunagar, Tamil Nadu. The auction features a residential property comprising land and a building. The reserve price is ₹2,39,400.00, with an Earnest Money Deposit (EMD) of ₹23,940.00. The auction will be held on 13-08-2025, starting at 10:00 AM and concluding at 04:00 PM. This is an excellent opportunity to acquire a property through a bank auction.
Borrower Name:Mr Vignesh V
Auction Type:SARFAESI Auction
Contact Number: 0452-2532850, 2532851