Category: Auction Process
Refundable security deposit paid by every bidder before participating in a bank auction.
EMD is typically 10% of reserve price for SARFAESI and DRT auctions. It demonstrates bidder seriousness, is refunded to unsuccessful bidders within 7-15 working days, and is adjusted against the post-win 25% payment for the winner.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
