Bank of Baroda Mega e-Auction: If you have a dream of owning a property in India, it can come true now! Bank of Baroda has recently tweeted about a mega property e-auction. Interested individuals can make the most of this e-auction and purchase the property of their choice with ease.

In a recent tweet from its official Twitter handle, the bank said: ” Here’s your chance to buy a property you like! #BankofBaroda presents Mega e-Auction on 22nd October 2021, where you can get a property of your choice with ease. Know more https://bit.ly/3y6R68U.

During the mega e-auction of properties to be kicked off by Bank of Baroda, potential consumers and clients can fulfill their dream of shopping for property throughout India that includes homes, flats, workplace houses, land/plots, and industrial properties.

Usually, these properties whose loans couldn’t be repaid i.e. properties on default, are positioned within the public sale by banks. Such properties are auctioned once in a while by banks via the Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal.

One must also be aware that this public sale is held below the SARFAESI Act on October 22, 2021.

One also needs to observe that this public sale is held below the SARFAESI Act on October 22, 2021.

  • The people can log in to the official website of the Financial institution for additional particulars.
  • The prospects go to the eBkray portal of Indian Banks Auctions Mortgaged Properties Info (IBAPI).
  • A person can instantly entry the portal without registration/login.
  • The potential bidders can choose segmented knowledge bank-wise and as per location throughout banks.

The State Financial institution of India (SBI) can be conducting a mega e-auction of mortgaged industrial and residential properties of defaulters to get better financial institution dues on October 25.

“Your subsequent large funding alternative is right here! Be a part of us in the course of the e-auction and place your greatest bid,” the SBI stated on Twitter.