Land in Othakalmandapam, Madukkarai: Federal Bank auction

The reserve is ₹50,00,000 and the earnest-money deposit (EMD) is ₹5,00,000. The published submission deadline is 21 Dec 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Register on bankeauctions.com and submit the prescribed bid form, EMD, PAN, identity/address proof and valid email details by the entry cutoff. A company must provide the resolution authorising its representative; confirm equivalent documents for other applicant types.

The notice accepts a demand draft payable at Coimbatore or NEFT/RTGS to the lender’s verified account. The checked materials do not establish complete age, nationality, residency or category eligibility.

Confirm those conditions and local transfer restrictions with the lender before paying; platform registration alone does not establish eligibility. The receiving office is Federal Bank LCRD Coimbatore Division, Door 21, ML Lund Complex, Variety Hall Road, Coimbatore 641001; obtain proof of timely receipt.

The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing sets inspection for 26 Nov 2026, 4:00 PM–5:00 PM IST. Ask Federal Bank’s authorised officer before you pay the EMD.

Pay 25% of the accepted bid, including EMD, immediately on acceptance and the remaining 75% within 15 days. Confirm the exact balance due date with Federal Bank in writing.

Default can forfeit all deposits. If the bid is not accepted the EMD is refundable without interest; the notice does not give a fixed refund day.

The certificate follows full payment and confirmation.

The buyer bears statutory and other property dues, taxes, electricity and water charges, maintenance, stamp duty, registration and transfer expenses, including arrears where the notice requires them.

Verify title, encumbrances and the payable amounts independently; the bank’s known-encumbrance statement is not a clearance certificate.

The property is sold as-is, without a warranty of vacant possession, title or permitted use. Inspect the property, access, occupation, title documents and approvals before bidding.

The highest bid remains subject to lender confirmation; the lender can reject, postpone or cancel the sale. A bid cannot be withdrawn after submission.

A holiday or hartal clause moves the event to the next bank working day only when its condition applies; it is not a standing extension of the published dates.

The notice sets a ₹1 lakh increment and unlimited five-minute extensions. The advertised end is scheduled.