Auction Notice: Canara Bank Gold Ornaments Public Auction
Jul 04, 2026 • Farheen • Auction Notices / Real Estate Notices
Source:
Eenadu Epaper
Canara Bank, Regional Office, Bhimavaram, has issued a public auction notice dated July 4, 2026, for the sale of pledged gold ornaments across multiple branches due to loan defaults. The branches involved include Anaparthi, Kovvur-II, Rajahmundry Devi Chowk, and Yadavole, featuring non-performing gold loan accounts with total net gold weights ranging from 3.2 grams to 47.9 grams. To participate, bidders must deposit an Earnest Money Deposit (EMD) of ₹25,000 into the respective branch collection account by July 15, 2026, at 4:00 PM. The public auction is scheduled to take place on July 16, 2026, at 4:00 PM at the respective branch premises.