Scrap for Auction Ramgarh Cantt Ramgarh 2.8 Crore by Bank of India 25 Jun 2026
Ramgarh Cantt, Ramgarh
Village-Bongabar, Bharechnagar, Sandi, Ramgarh Cantt, Dist-Ramgarh, Jharkhand 829117
Bank of India · ZONAL OFFICE, RANCHI ZONE
Reserve price
₹2,82,00,000
EMD ₹28,20,000
Auction date
25 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Ramgarh Cantt
- ▸Reserve: ₹2,82,00,000
- ▸EMD: ₹28,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Scrap · Scrap, Plant & Machinery |
| Locality | Ramgarh Cantt |
| Lender | Bank of India |
| Branch | ZONAL OFFICE, RANCHI ZONE |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Scrap bank auction in Ramgarh Cantt, Ramgarh by Bank of India — reserve price ₹2,82,00,000, Symbolic possession.
Seize the opportunity to acquire industrial scrap through a bank auction property in Ramgarh, Jharkhand. Bank of India presents a charge on fixed assets, including plant and machinery, and electrical assets situated at a factory site in Village-Bongabar. This industrial scrap auction features a reserve price of ₹28,200,000 and an EMD of ₹2,820,000. The e-auction is scheduled for June 25, 2026. Don't miss this chance to invest in valuable industrial scrap through a bank auction property sale.
GeoSquare note: This industrial scrap property in Ramgarh presents a fair investment opportunity, especially considering the price range. However, the symbolic possession status adds a layer of complexity. Investors should carefully evaluate the market demand for scrap in this location and conduct thorough due diligence before bidding.
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