Ibapi bank auction

Prospective buyers may use this portal to search and view details of properties and participate in the auction process. Residential Properties.

When a person takes a loan from the bank and is unable to repay the loan, then the situation of auction of the mortgaged property arises. The bank has the right to auction the property to recover the loan. Indian Banks Association IBA , an organisation of banks, had started a portal for auctioned properties. Buyers can use this to find, view, and participate in auction of properties. First of all you have to open the portal by typing ibapi. At the top of the portal, you will see information about upcoming auctions. This will tell you how many properties will be auctioned in the next seven and 30 days and the type of property it is like residential, commercial or industrial.

Ibapi bank auction

.

Bidder has to complete following formalities well in advance :.

.

Reserve Price Range. Bank Name:. Branch Name:. Reserve Price Rs:. EMD Rs:. EMD Last Date:. Borrower's Name:. Owner's Name:. Ownership Type:.

Ibapi bank auction

Prospective buyers may use this portal to search and view details of properties and participate in the auction process. Residential Properties. Commercial Properties.

Bali tropical nq

Visitors : Properties over States. Search Property. Agricultural Properties This will tell you how many properties will be auctioned in the next seven and 30 days and the type of property it is like residential, commercial or industrial. You can search for properties online and bid. IBAPI website is not responsible for the contents of any linked site or any link contained in a linked site. Bidder has to complete following formalities well in advance :. Prospective buyers may use this portal to search and view details of properties and participate in the auction process. Residential Properties Before participating in the auction, definitely check for the location, condition and possession of the property. The information contained in this web site does not constitute a confirmed offer to sell or the solicitation of an offer to buy any property or service; and should not be treated as recommendation in connection with any investment decision. Most banks now do e-auction of properties. First of all you have to open the portal by typing ibapi.

The State Bank of India SBI has also informed via a tweet that the e-auction includes all types of properties, securities and mortgaged assets. New Delhi: Property buyers can look forward to buying property at great prices during the upcoming e-auction of properties by India's largest public sector bank --State Bank of India SBI The State Bank of India SBI has also informed via a tweet that the bank is going to auction different types of property. According to the SBI tweet, the auction will be done on October

Most banks now do e-auction of properties. For more information, the number of the officers associated with the auction would also be given. Search Property. That too at the desired location. Prospective buyers may use this portal to search and view details of properties and participate in the auction process. When a person takes a loan from the bank and is unable to repay the loan, then the situation of auction of the mortgaged property arises. Commercial Properties The hypertext links provided herein are meant only as a convenience and the inclusion of any link does not imply endorsement by of the referenced site. Indian Banks Association IBA , an organisation of banks, had started a portal for auctioned properties. Residential Properties