Land in Ponnani, Kerala, listed by Kerala Gramin Bank under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹14,54,175, EMD ₹1,45,417.50. Registration and EMD close 16 Nov 2026, 5:00 PM IST.
First seen · Source: Kerala Gramin Bank listing on bankeauctions.com; lender’s sale documents
Compiled from Kerala Gramin Bank’s listing 244811 and its linked sale documents on bankeauctions.com, checked on 2 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
The reserve is ₹14,54,175, with an EMD of ₹1,45,417.50. The table and numeric EMD clause give ₹1,45,417.50. The amount in words omits the 50 paise. Confirm the exact deposit before paying. The highest bid is subject to acceptance under the sale notice.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 2 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Kerala Gramin Bank is selling land in Ponnani, Kerala. Its sale notice doesn’t say whether the lender’s possession is physical or symbolic. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹14,54,175 and the notice EMD is ₹1,45,417.50. The table and numeric EMD clause give ₹1,45,417.50. The amount in words omits the 50 paise. Confirm the exact deposit before paying. The online auction is scheduled for 17 Nov 2026, 11:00 AM–2:00 PM IST. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit. Inspection is set for 16 Nov 2026, 10:00 AM–3:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
| Stage | Date | What it means | Source |
|---|---|---|---|
| Platform press date | 13 Oct 2026 | The listing’s press-release date for the lender’s sale notice | Listing 244811 |
| Listing seen | 2 Nov 2026 | First seen on bankeauctions.com | Listing 244811 |
| Inspection | 16 Nov 2026, 10:00 AM–3:00 PM IST | The sale notice sets inspection on 2026-11-16, 10 AM–3 PM IST, by prior appointment with the authorised officer. | Sale notice |
| Registration and EMD close | 16 Nov 2026, 5:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 244811 |
| Online auction | 17 Nov 2026, 11:00 AM–2:00 PM IST | On bankeauctions.com. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit | Sale notice |
| Payment after acceptance | Notice-specific deadlines | Read the payment deadlines and conditions below; the lender’s documents set the dates. | Sale documents |
Read the requirements and risks from this lot’s sale documents, checked on 2 Nov 2026. Follow the lender’s originals and any later amendment before paying.
A 6.25-cent property with all things attached to it, in survey 15/30, Ponnani village and taluk, Malappuram district, Kerala. The notice does not separately identify a building or its area. Boundaries: north, “Ohari” as printed; east, Ice Plant Road; south, adjoining occupied property; west, a way (vazhi).
Neighbours’ names left out for privacy.
The reserve is ₹14,54,175 and the earnest-money deposit (EMD) is ₹1,45,417.50. The table and numeric EMD clause give ₹1,45,417.50.
The amount in words omits the 50 paise. Confirm the exact deposit before paying.
The published submission deadline is 16 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Register on bankeauctions.com. Submit PAN, identity and address proof, bidder contact details, refund-account details and EMD payment proof by the printed deadline, by hand or email to the branch named in the notice.
The notice permits a demand draft or RTGS/NEFT/fund transfer. Bring original identity documents when paying the balance of the initial 25%.
Registration and documents do not themselves establish approval to bid.
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The sale notice sets inspection on 2026-11-16, 10 AM–3 PM IST, by prior appointment with the authorised officer. Ask Kerala Gramin Bank’s authorised officer before you pay the EMD.
Pay 25% of the sale price, including EMD, immediately when declared the successful bidder. Pay the balance within 15 days from the secured creditor’s sale confirmation. Default can forfeit the deposit without notice and lead to resale. Unsuccessful EMD is returned without interest; no fixed refund period is printed.
The purchaser bears conveyance, stamp duty, registration, applicable GST and society, municipal/panchayat, electricity, water and other dues, including outstanding amounts. The notice states no encumbrance is known to the bank; this is not a title guarantee.
It directs the successful bidder to handle 1% TDS for sale proceeds of ₹50 lakh or more and give the original certificate to the bank.
The bank states that it has taken possession, but does not specify physical or symbolic possession for this property. The sale is as is where is and as is what is, subject to the secured creditor’s confirmation.
The authorised officer may postpone, cancel or vary the auction. Inspect the property and title documents before bidding.
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Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.
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