New Delhi: In today's times, buying a house or shop has become very difficult due to inflation. But Punjab National Bank (PNB) is giving you a golden opportunity. You will be able to buy property at a cheaper rate from the country's second-largest government bank. Actually, PNB has announced a nationwide online mega e-auction (auction) of residential / commercial properties. The auction will be held on September 15 and 29. The bank has given its information through social media.

Actually, PNB is auctioning properties that have come under the category of defaulters. This means that the loan was taken by pledging the property, but it has not been paid. The bank will auction the property of such defaulters. According to the information given by the bank, if you want to participate in the auction, you have to register first. This registration will have to be done by visiting e-Bkray (eB-purchasing) portal https://ibapi.in.

One has to register through his mobile number and email ID on the e-auction platform. Apart from this, necessary KYC documents have to be uploaded. These documents will be verified in 2 working days. Apart from this auction process, you can get information about rules and laws, bid size, value of properties and location by visiting the website.

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