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Home Personal Finance SBI: You can buy property at concessional rates by joining SBI’s e-auction,...

SBI: You can buy property at concessional rates by joining SBI’s e-auction, apply till December 30

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If you are planning to buy property at a cheap price but are unable to understand where and how to buy property, then you do not have to worry at all. Actually, let us know that the country’s largest bank, State Bank of India (SBI) is giving you an opportunity to buy property at a very economical price through e-auction.




Registration can be done by 30 December

By joining SBI’s e-auction, you can buy the property of your choice at very discounted rates. Under the e-auction scheme of SBI, registration can be done till December 30 to participate in the auction. SBI has also given information on this on social media.

Can buy property in any corner of the country

Significantly, through the e-auction scheme of State Bank of India, you can buy property in any corner of the country. The property being auctioned by the bank includes all types of property, commercial, residential and industrial. ITR: Be sure to claim additional TDS in filing the return

The bank takes possession of the land of those who do not repay the loan

If the owners of the property are unable to repay their loan due to any reason, then the bank takes over their land. After this, the bank compensates them by selling them. Such a property is often auctioned by SBI.

According to the bank, 758 residential, 251 commercial and 98 industrial properties will be auctioned within the next 7 days. 3032 residential, 844 commercial and 410 industrial properties will be auctioned in 30 days.

You can get more information by visiting these sites

Bankeauctios.com/Sbi

Sbi.auctiontiger.net/EPROC /

Ibapi.in

Mstcecommerce.com/auctionhome/ibapi/index.jsp.

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