Eramalloor House Auction 686691: Individual House – Reserve ₹22.96 Lakh (6 Oct 2026)

The Eramalloor house auction 686691 listed by Punjab National Bank on the BAANKNET e-auction portal is one of the upcoming house opportunities in Kerala. On offer is a individual house in Eramalloor, Ernakulam (PIN 686691). The online auction runs on 6 October 2026 (12:00 PM to 2:00 PM) with a reserve price of ₹22,96,000.

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.

Eramalloor House Auction 686691: Key Highlights

• Reserve price: ₹22,96,000 (₹22.96 Lakh)
• EMD: ₹2,29,600
• Bid increment: ₹10,000
• Auction: 6 October 2026, 12:00 PM to 2:00 PM
• Last date for EMD: 5 October 2026, 5:00 PM
• Location: Eramalloor, Ernakulam, Kerala
• Possession: Symbolic

Eramalloor House Auction 686691 – Complete Details

Auction ID	363138
Bank property ID	PUNBABA40406520
Bank	Punjab National Bank
Branch	Armb Ernakulam 445900
Property type	Residential – Individual House
Locality	Eramalloor,kothamangalam
City / District	Eramalloor, Ernakulam
State	Kerala
PIN code	686691
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹22,96,000
EMD	₹2,29,600
Bid increment	₹10,000
Auto-extension	5 minutes per late bid

About the Location – Eramalloor

This listing falls in Eramalloor, Ernakulam, Kerala, postal code 686691. Kerala’s property market is driven by NRI demand, tourism and the Kochi–Thiruvananthapuram growth belt, and land parcels with road access are always in short supply. The handling branch is Armb Ernakulam 445900, which is usually the best contact for site visits and local queries.

Is the Eramalloor House Auction 686691 Worth It?

The EMD of ₹2,29,600 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 Eramalloor House Auction 686691

• Inspection window: 3 October 2026, 10:00 AM to 3 October 2026, 5:00 PM
• EMD submission opens: 27 September 2026
• Last date for EMD: 5 October 2026, 5:00 PM
• E-auction: 6 October 2026, 12:00 PM to 2:00 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 363138 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9747630107.
4. Pay the EMD of ₹2,29,600 through the BAANKNET wallet before 5 October 2026, 5:00 PM.
5. Log in on 6 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.

Eramalloor House Auction 686691: FAQs

More PNB and Kerala Auctions

• All Punjab National Bank auction listings
• More house auctions
• Bank auctions in Kerala
• Guide: symbolic vs physical possession explained

Source: Auction ID 363138 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab National Bank before bidding.