Canara Bank Varanasi House Auction: Individual House (94.79 sq ft) – Reserve ₹46.55 Lakh (30 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-365334
Property Description
Here is a fresh bank e-auction worth tracking: the Canara Bank Varanasi house auction, offered by Canara Bank at a reserve of ₹46.55 Lakh. On offer is a individual house in Varanasi (PIN 221001), with 94.79 sq ft carpet area. The online auction runs on 30 October 2026 (10:00 AM to 1:00 PM) with a reserve price of ₹46,55,000.
The property is being sold under SARFAESI 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.
Table of Contents
Table of Contents
Canara Bank Varanasi House Auction: Key Highlights
- Reserve price: ₹46,55,000 (₹46.55 Lakh)
- EMD: ₹4,65,500
- Bid increment: ₹10,000
- Auction: 30 October 2026, 10:00 AM to 1:00 PM
- Last date for EMD: 29 October 2026, 5:00 PM
- Location: Varanasi, Uttar Pradesh
- Possession: Symbolic
Canara Bank Varanasi House Auction – Complete Details
| Auction ID | 365334 |
| Bank property ID | CNRB254194261 |
| Bank | Canara Bank |
| Branch | Lucknow Specialised Arm Branch |
| Property type | Residential – Individual House |
| Carpet area | 94.79 sq ft |
| Locality | Mauza Chauka Chaukaghat Pargana Dehat Amanat Ward Sikraul Tehsil Sadar District Varanasi |
| City / District | Varanasi |
| State | Uttar Pradesh |
| PIN code | 221001 |
| Type of possession | Symbolic |
| Type of action | Under SARFAESI |
| Reserve price | ₹46,55,000 |
| EMD | ₹4,65,500 |
| Bid increment | ₹10,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Varanasi
This listing falls in Varanasi, Uttar Pradesh, postal code 221001. Uttar Pradesh is seeing fast real-estate growth around Noida, Greater Noida, Lucknow, Kanpur and Prayagraj, helped by new expressways and the Jewar airport project. The handling branch is Lucknow Specialised Arm Branch, which is usually the best contact for site visits and local queries.
Is the Canara Bank Varanasi House Auction Worth It?
At the reserve price, the property works out to about ₹49,109 per sq ft of carpet area – compare this with recent resale rates in Varanasi before you bid. The EMD of ₹4,65,500 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 Canara Bank Varanasi House Auction
- Inspection window: 23 October 2026, 10:00 AM to 23 October 2026, 5:00 PM
- EMD submission opens: 27 September 2026
- Last date for EMD: 29 October 2026, 5:00 PM
- E-auction: 30 October 2026, 10:00 AM to 1:00 PM
- Auto-extension: 5 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 365334 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9113208779.
- Pay the EMD of ₹4,65,500 through the BAANKNET wallet before 29 October 2026, 5:00 PM.
- Log in on 30 October 2026 and bid above the reserve in steps of ₹10,000; 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 buying bank auction houses and villas before you bid.
Canara Bank Varanasi House Auction: FAQs
What is the reserve price in the Canara Bank Varanasi house auction?
The reserve price is ₹46,55,000. Bids below the reserve price are not accepted.
When is the Canara Bank Varanasi house auction scheduled?
The e-auction is on 30 October 2026 from 10:00 AM to 1:00 PM. The last date for EMD is 29 October 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹4,65,500. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Varanasi, Uttar Pradesh – 221001.
Where can I see the official sale notice?
Search Auction ID 365334 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Canara Bank and Uttar Pradesh Auctions
- All Canara Bank auction listings
- More house auctions
- Bank auctions in Uttar Pradesh
- Guide: symbolic vs physical possession explained
Source: Auction ID 365334 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Canara Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Independent Houses |
|---|---|
| Land Area | 94.79 sq ft |
| Location | Varanasi, Varanasi, Uttar Pradesh |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 27 Sep 2026Auction Notice Published
- 23 Oct 2026Inspection Starts
- 23 Oct 2026Inspection Ends
- 29 Oct 2026Last Date for EMD Submission
- 30 Oct 2026, 10:00 AM to 1:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.