Bank Auction Properties India Pvt Ltd - Q&As - What will happen if 75% amount not in time by the Successful Bidder ?

Q&As

What will happen if 75% amount not in time by the Successful Bidder ?

After deposting 25%(including EMD) by the Successful Bidder if the successful bidder fails to pay remaining 75% after sale confirmation within 15 days of the auction,the deposit 25% made by him/her shall be forfeited by the bank


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