Saharsa House Auction: Individual House (11,412.72 sq ft) – Reserve ₹58.75 Lakh (22 Oct 2026)

Canara Bank has put a house up for sale through the Saharsa house auction, open to all registered bidders on BAANKNET. On offer is a individual house in Saharsa (PIN 852201), with 11,412.72 sq ft carpet area. The online auction runs on 22 October 2026 (11:00 AM to 1:00 PM) with a reserve price of ₹58,75,000.

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.

Saharsa House Auction: Key Highlights

• Reserve price: ₹58,75,000 (₹58.75 Lakh)
• EMD: ₹5,87,500
• Bid increment: ₹25,000
• Auction: 22 October 2026, 11:00 AM to 1:00 PM
• Last date for EMD: 21 October 2026, 11:59 PM
• Location: Saharsa, Bihar
• Possession: Symbolic

Saharsa House Auction – Complete Details

Auction ID	365124
Bank property ID	CNRBNEWLUCKYDRESSES
Bank	Canara Bank
Branch	Specialized Arm Branch Patna
Property type	Residential – Individual House
Carpet area	11,412.72 sq ft
City / District	Saharsa
State	Bihar
PIN code	852201
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹58,75,000
EMD	₹5,87,500
Bid increment	₹25,000
Auto-extension	5 minutes per late bid

About the Location – Saharsa

This listing falls in Saharsa, Bihar, postal code 852201. Bihar’s property demand is centred on Patna, Gaya, Muzaffarpur and Bhagalpur, where improving roads and bridges are opening up new residential areas. The handling branch is Specialized Arm Branch Patna, which is usually the best contact for site visits and local queries.

Is the Saharsa House Auction Worth It?

At the reserve price, the property works out to about ₹515 per sq ft of carpet area – compare this with recent resale rates in Saharsa before you bid. The EMD of ₹5,87,500 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 Saharsa House Auction

• Inspection window: 17 October 2026, 11:00 AM to 17 October 2026, 1:00 PM
• EMD submission opens: 1 October 2026
• Last date for EMD: 21 October 2026, 11:59 PM
• E-auction: 22 October 2026, 11:00 AM to 1:00 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 365124 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7903039522.
4. Pay the EMD of ₹5,87,500 through the BAANKNET wallet before 21 October 2026, 11:59 PM.
5. Log in on 22 October 2026 and bid above the reserve in steps of ₹25,000; 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.

Saharsa House Auction: FAQs

More Canara Bank and Bihar Auctions

• All Canara Bank auction listings
• More house auctions
• Bank auctions in Bihar
• Guide: symbolic vs physical possession explained

Source: Auction ID 365124 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.