Milcah Anila, Intern Journalist)Vijayawada: Thinking of buying a home? Or planning to buy a plot? Are you planning to buy a shop if these are not? Good news for you though. SBI has come up with an exciting offer for you.
State Bank of India (SBI), the largest bank in the country, has launched an affordable offer for its customers. It offers the opportunity to buy a cheap house, plot, shop, etc. The mega auction is being conducted. You can take part in it and own a house or a plot at a low price.
The SBI mega auction will take place on September 30. SBI made the announcement on Twitter. More than 1000 properties are for sale at auction. These properties include housing or residential property, plots, and shops. The bank is taking these properties from them and selling them online even if the bank is unable to repay the loan.
All the details related to the auction are available on the SBI website. Alternatively, you can go to the nearest SBI branch and find out the auction details. You can bid to participate in the auction. Those wishing to participate in the auction must deposit a certain amount in advance. Also, KYC documents should be provided at the nearest SBI branch.
If you want to participate in the SBI auction, you will need a password and username from the bank. With the help of these, you can participate in the auction. You can own property by bidding at a rate lower than the market price. You can also bid if you want to buy a house, plot, or shop.
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