Punjab National Bank to organize Mega e-auction on August 12

GUWAHATI: The Punjab Nation Bank is organizing a mega e-auction across the country on August 12 of more than 5,000 properties, which include residential, commercial and industrial categories.

The bank's General Manager and Guwahati Zone Head Shio Shankar Singh informed that the interested buyers will be having a wide range of options for the purchase of properties across the country.

A large number of buyers has shown interest in the process as the properties are put on auction at a very competitive price. The recent trend of the economy has revealed that post the second wave of COVID-19, more buyers are coming out to purchase properties. The properties being offered by the bank through e-auction are comparatively at a lesser cost, in addition to this, no brokerage or commission is payable on the deal. He told that all such auctions would be done on the e-Bkray portal and would be simple and fully transparent. Interest buyers, after registration on portal https://ibapi.in and depositing the bid money, may participate in the process.

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