BoB e-auction: BUY property ANYWHERE in India within few days, Bank of Baroda makes THIS POSSIBLE - Check DATE, how to participate and other details here

BoB Mega E Auction: You can now own a property anywhere in India and that too within a few days. Bank of Baroda has recently informed its customers about this mega e-auction. The customers from Bank of Baroda can make the most of this e-auction and purchase the property of one's choice with ease. Interested individuals can login to the official website of Bank of Baroda at bankofbaroda.in for further details.

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The recent tweet from the official Twitter handle of Bank of Baroda said, "Your dream of owning a property anywhere in India is just a few days away. Make the most of #BankofBaroda Mega e-Auction and purchase the property of your choice with ease."

Your dream of owning a property anywhere in India is just a few days away. Make the most of #BankofBaroda Mega e-Auction and purchase the property of your choice with ease. Know more https://t.co/ejge3HE0ms pic.twitter.com/G0XgrsJmcl

— Bank of Baroda (@bankofbaroda) August 10, 2021

The mega e-auction under the SARFAESI Act on August 18, 2021 will consist of the following properties:

1) Houses

2) Flats

3) Office spaces

4) Land/ plots

5) Industrial properties

The key benefits of this e-auction are as follows:

1) Clear title

2) Immediate possession

3) Bank loan on easy terms

The Bank of Baroda websites suggests the interested customers to visit the eBkray portal of Indian Banks Auctions Mortgaged Properties Information (IBAPI).

The IBAPI portal is an initiative of Indian Banks Association (IBA) under the overarching policy of the Department of Financial Services (DFS), Ministry of Finance to provide a common platform to display details of mortgaged properties to be auctioned online by banks, starting with Public Sector Banks.

It must be noted that an user can directly access the portal without registration/login. The potential bidders can select segmented data bank-wise and as per location (states and districts) across banks. The user can search property details state-wise, district-wise and bank-wise.

For further details, the Bank of  Baroda customers must login to the official website of Bank of Baroda at bat ankofbaroda.in. They can also login to the official website of IBAPI at ibapi.in.