New Delhi: Amidst the corona virus crisis, the country’s largest bank State Bank of India (SBI) is going to conduct a mega e-auction on September 30, in which more than a thousand fixed assets Will be auctioned If you want to buy a house, plot or shop at a cheap price then you can also take part in this auction process. Explain that SBI will auction those properties which were mortgaged to the bank against the loan and then people failed to repay the loan.
Auction will be done in a very transparent way
Now these properties will be auctioned by the bank to recover the arrears. The fixed assets that the bank will auction include flats, plots and shops. According to SBI, the auction will be conducted in a very transparent manner. All related information is provided by the bank, which will make the property attractive to the bidders so that they can participate in the auction process.
This information is provided by the bank
SBI says that in the public notice issued for auction, the bank also gives information about the freehold or leasehold of the property, its measurement, location and other information. Information about this auction has been given on Twitter by State Bank of India. Apart from this, customers can contact any nearest branch of the bank for information related to the auction.
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