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Thursday, October 21, 2021

This government bank is giving opportunity to buy house and shop cheaply, auction going on from May 12

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There is a better chance for those who want to buy property cheaply. PNB will sell such properties through e-auction. It includes all types of residential and commercial properties.

Chance to buy property cheaply

If you are planning to buy a house, shop or property, but due to budget, your dream cannot be fulfilled, then do not take tension. Punjab National Bank (PNB), the country’s second largest government bank, has brought a better chance for you. PNB will auction residential and corporate property from May 12. In this, you can buy property cheaply.

This information has been given by tweeting on behalf of PNB. The tweet stated that the PNB e-auction will take place on May 12, 2021. To participate in this, people have to visit the e-sales portal (e-Bikray Portal) https://ibapi.in. Register yourself by logging here. Since Corona is in a lot of havoc these days, the auction process will be completely online.

See PNB’s latest tweet here

How many properties will be bid

According to information shared by PNB, 10902 residential properties, 2469 commercial properties, 1241 industrial properties, 70 agricultural properties will be available for auction. Interested buyers can choose them according to their city. Click on the link https://ibapi.in/ for detailed information.

Default property is auctioned

These properties auctioned by banks are assets in which the real owner of the property has not paid the loan due to any reason. In such a situation, the bank seizes that property and compensates for its loss. Due to this, you can get an opportunity to buy these properties cheaply in the auction.

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Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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