Canara Bank Car Auction in Nahan, Sirmour

The property in focus is a 2025 Renault Lodgy Stepway DCT RXZ, located in Nahan, Sirmour, Himachal Pradesh. Nahan, a well-established city, offers a blend of scenic beauty and developing infrastructure, making it an attractive location within Himachal Pradesh. This specific vehicle, identified by Engine No. E015737 and Chassis No. MEEJSRKF9GA001154, represents a practical and versatile option for potential buyers. As a Stepway DCT RXZ model, it likely boasts features suitable for both urban commutes and exploring the picturesque landscapes of Himachal Pradesh. The hypothecation of this vehicle signifies it as a secured asset, now available through a bank auction. While it's a vehicle auction, understanding its location and potential use in the Sirmour region provides context for its value and appeal to a wide range of buyers seeking reliable transportation or a sound investment opportunity.

This auction presents a unique opportunity to acquire a 2025 Renault Lodgy Stepway DCT RXZ, registered under HP 716944, through a SARFAESI auction conducted by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. A refundable Earnest Money Deposit (EMD) of ₹13,500 is required to participate, with the reserve price set at ₹1,35,000. Prospective bidders must submit their applications by July 30, 2025, 05:00 PM. This process, managed by BAANKNET, is a transparent method for acquiring assets, and while this specific listing is for a vehicle, it serves as an excellent introduction to the broader world of bank-led asset auctions. For further inquiries, interested parties can contact Sh. Jitesh Kumar Sharma, Branch Manager at the Nahan Branch, on 8091604599 or 8580601020.