In today’s time, one has to raise lakhs of rupees to buy a house. So if we tell you that banks are giving you a chance to buy property at a low price, then you will not believe it. Yes, it is 100% true that you get a chance to buy property at a low price in the auction process of banks.
The country’s largest government bank, Punjab National Bank, is giving people a chance to buy property at a low price through the Mega Option. Let us tell you that the government bank is organizing a nationwide online e-auction or mega e-auction, through which banks can recover their outstanding amount by selling mortgaged properties.
Big opportunity to buy properties cheaply
If you keep looking for such opportunities, then this can be a useful news. Common people benefit from this because through auction one gets a chance to buy good properties at cheap rates, so if you want to buy property at a low price here, then you are getting a big opportunity.
Punjab National Bank gave this important information to the people
Punjab National Bank is giving a big opportunity to such people, due to which the bank has informed on social media that they can fill their form in e-auction or mega e-auction. The bank has informed that the auction will be done on 28 June 2024, so in this e-auction or mega e-auction, you can take everything from residential to commercial at one place at the same time in the mega e-auction.
Learn more here
Let us tell you that mortgage properties are auctioned through banks on the IBAPI portal, so people interested in e-auction or mega e-auction can visit the official link https://ibapi.in/ for more information about the auction of this bank. For this you have to follow the process mentioned.
So, apart from searching and viewing the details of land-plot, house-shop or properties, you can use the IBAPI portal to participate in the auction.