How Is EMD Calculated?

How Is EMD Calculated?

The EMD value can be (again depends on purchaser’s preference) a fixed amount Or a certain % of the bid price, which the bidder is quoting.

The % varies from 1% to 5% but the typical value is 2%.

In case of successful bidder, EMD is exchanged by Security Deposit (around 10% of the bid price).

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