This is a great opportunity for you if you are looking for residential or commercial property. In fact, Punjab National Bank is offering PNB an opportunity to buy property at affordable prices.
The property looks like: These are properties where the owner’s debt is the NPA. This means that there is property on the loan but it has not been paid on time. The bank acquires such property and sells it to recover its loan amount. It includes other types of assets, including commercial and residential.
Auction on August 12: The property auction will be held on Thursday, August 12th. Its details are available at https://ibapi.in link. Here you can find other information about the location of the property. Go to the e-auction platform if you intend to register. After this, the required KYC documents need to be uploaded. You will be eligible to participate in the property auction only after its inspection.
From time to time, let us tell you that banks are auctioning off the default owner’s property. The bank will withdraw its dues. At the same time, affordable property becomes a great opportunity for buyers.
