BANK AUCTIONS
Intimation of Auction of Pledged Gold by IndusInd Bank
By TEAM CIRCULAR EXPRESS • 26 Sep 2026
👁 60 views
• IndusInd Bank has issued notices to borrowers regarding the auction of pledged gold due to non-repayment of loans.
• The bank previously issued Loan Recall Notices in July and September 2026.
• Borrowers are informed that the bank is proceeding with the sale of pledged gold via open auction.
• Any surplus after loan closure will be refunded, while deficits will be recovered through legal action as per law.
• The bank previously issued Loan Recall Notices in July and September 2026.
• Borrowers are informed that the bank is proceeding with the sale of pledged gold via open auction.
• Any surplus after loan closure will be refunded, while deficits will be recovered through legal action as per law.
Name of Bank
IndusInd Bank
purpose of issuance
Intimation of Auction of Pledged Gold
Most Important Details
The bank is proceeding to sell pledged gold through open auction following the failure of borrowers to respond to previous Loan Recall Notices. Surplus funds after loan adjustment will be refunded, and deficits will be recovered legally.
Type of property
Pledged Gold
🔒 Document — view only
Regards, Circular Express
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BANK AUCTIONS
Intimation of Auction of Pledged Gold by IndusInd Bank
By TEAM CIRCULAR EXPRESS • 26 Sep 2026
👁 60 views
• IndusInd Bank has issued notices to borrowers regarding the auction of pledged gold due to non-repayment of loans.
• The bank previously issued Loan Recall Notices in July and September 2026.
• Borrowers are informed that the bank is proceeding with the sale of pledged gold via open auction.
• Any surplus after loan closure will be refunded, while deficits will be recovered through legal action as per law.
• The bank previously issued Loan Recall Notices in July and September 2026.
• Borrowers are informed that the bank is proceeding with the sale of pledged gold via open auction.
• Any surplus after loan closure will be refunded, while deficits will be recovered through legal action as per law.
Name of Bank
IndusInd Bank
purpose of issuance
Intimation of Auction of Pledged Gold
Most Important Details
The bank is proceeding to sell pledged gold through open auction following the failure of borrowers to respond to previous Loan Recall Notices. Surplus funds after loan adjustment will be refunded, and deficits will be recovered legally.
Type of property
Pledged Gold
🔒 Document — view only
Regards, Circular Express
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