Bengaluru Property Auction 560004: Others – Reserve ₹27.54 Lakh (14 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Bengaluru property auction 560004, offered by Canara Bank at a reserve of ₹27.54 Lakh. On offer is a others in Bengaluru, Bengaluru Rural (PIN 560004). The online auction runs on 14 October 2026 (1:00 PM to 3:00 PM) with a reserve price of ₹27,54,000.

The property is being sold under Others on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Bengaluru Property Auction 560004: Key Highlights

• Reserve price: ₹27,54,000 (₹27.54 Lakh)
• EMD: ₹2,75,400
• Bid increment: ₹1,00,000
• Auction: 14 October 2026, 1:00 PM to 3:00 PM
• Last date for EMD: 13 October 2026, 11:59 PM
• Location: Bengaluru, Bengaluru Rural, Karnataka
• Possession: Symbolic

Bengaluru Property Auction 560004 – Complete Details

Auction ID	364104
Bank property ID	CNRB309138925F
Bank	Canara Bank
Branch	Bengaluru Specialised Arm Branch-Ii
Property type	Other – Others
Locality	Ashok Leyland Gp4825 Tanker Goods Carriage Hmv
City / District	Bengaluru, Bengaluru Rural
State	Karnataka
PIN code	560004
Type of possession	Symbolic
Type of action	Others
Reserve price	₹27,54,000
EMD	₹2,75,400
Bid increment	₹1,00,000
Auto-extension	5 minutes per late bid

About the Location – Bengaluru

This listing falls in Bengaluru, Bengaluru Rural, Karnataka, postal code 560004. Karnataka is anchored by Bengaluru’s technology economy, while Mysuru, Mangaluru, Hubballi-Dharwad and Belagavi offer more affordable property options. The handling branch is Bengaluru Specialised Arm Branch-Ii, which is usually the best contact for site visits and local queries.

Is the Bengaluru Property Auction 560004 Worth It?

The EMD of ₹2,75,400 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Bengaluru Property Auction 560004

• Inspection window: 22 September 2026, 4:00 PM to 22 September 2026, 5:00 PM
• EMD submission opens: 22 September 2026
• Last date for EMD: 13 October 2026, 11:59 PM
• E-auction: 14 October 2026, 1:00 PM to 3:00 PM
• Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 364104 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9464534482.
4. Pay the EMD of ₹2,75,400 through the BAANKNET wallet before 13 October 2026, 11:59 PM.
5. Log in on 14 October 2026 and bid above the reserve in steps of ₹1,00,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our auction property due diligence checklist before you bid.

Bengaluru Property Auction 560004: FAQs

More Canara Bank and Karnataka Auctions

• All Canara Bank auction listings
• More property auctions
• Bank auctions in Karnataka
• Guide: reserve price bidding strategy

Source: Auction ID 364104 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.