IDBI Bank – E-Auction Sale Notice
Jun 20, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
FinancialExpress E-Paper
IDBI Bank Ltd. has issued a public notice for the e-auction sale of immovable secured assets under the SARFAESI Act, 2002 read with Rule 9(1) of the Security Interest (Enforcement) Rules, 2002. The auction is being conducted for recovery of dues from Dutta Agro Mills Pvt. Ltd. along with guarantors.
The secured asset comprises a land parcel measuring approximately 3.30 acres along with structures such as office, shed, building, bath and privy, situated at Mouza Alamganj, Burdwan Municipality area, District Burdwan, West Bengal (PIN 713102).
The property is mortgaged to IDBI Bank and physical possession has already been taken by the authorized officer. The sale is on “As is where is”, “As is what is” and “Whatever there is” basis without recourse to the bank.
Financial details:
Total outstanding dues: Rs. 28,15,31,490.85 (plus applicable interest)
Reserve price: Rs. 8,10,00,000
Earnest Money Deposit (EMD): Rs. 81,00,000
Bid increment: Rs. 1,00,000
Key dates:
Property inspection: 02.07.2026 (and specific inspection slot on 06.07.2026 as notified)
EMD submission cut-off: 04.07.2026 up to 04:00 PM
E-auction date: 06.07.2026 from 11:00 AM to 01:00 PM (with auto extension of 10 minutes per bid)
The auction will be conducted online through https://www.bankeauctions.com via C1 India Pvt. Ltd. For inspection and participation details, interested bidders may contact the authorized officers of IDBI Bank, Kolkata office.
Date of notice: 19 June 2026
Place: Kolkata