Union Bank of India is one of India's leading lenders and regularly conducts property auctions to recover Non-Performing Assets (NPAs). When borrowers default on home loans, business loans, or mortgage-backed credit, Union Bank of India initiates the SARFAESI process and lists the secured property for public auction.
Union Bank of India auctions are conducted online through their official e-auction portal. Properties are available across India — from metro cities like Mumbai, Delhi, and Bangalore to tier-2 cities. The reserve price is set by Union Bank of India's valuation team and is typically 20–40% below the prevailing market rate.
Neelamify aggregates all Union Bank of India auction listings in one place, making it easy to search, compare, and track properties. Set up a price alert to be notified when new Union Bank of India properties matching your criteria are listed.