Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611431
Bank Name:State Bank of India
Branch Name:RACPC
Reserve Price:₹7,00,000
EMD:₹70,000
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:10-12-2025 11:00 AM
Property Description
This is a bank auction conducted by the State Bank of India for a car located in Kottayam, Kerala. The property is a vehicle belonging to Mr. Terrin Jose, being auctioned under SARFAESI rules. This presents an opportunity to acquire a vehicle through a transparent auction process managed by a leading financial institution.
State:Kerala
City:Kottayam
Area:Kottayam
Asset Category:Vehicle Auctions
Full Address:Kuncharakattil House, Arumanoor P.O., Kottayam-686568, Arumanoor, Kottayam
Auction Description
The State Bank of India is holding a SARFAESI auction for a car in Kottayam, Kerala. The auction will take place on December 10, 2025, from 11:00 AM to 12:00 PM. The reserve price for this vehicle is ₹7,00,000, with an Earnest Money Deposit (EMD) of ₹70,000 required to participate. Interested bidders are encouraged to review all auction terms and conditions before the sale.
Borrower Name:Mr. Terrin Jose
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The JEEP COMPASS in Kottayam presents a reasonable opportunity due to its listed reserve price and general vehicle utility. However, the lack of specific auction details warrants careful assessment of the vehicle's condition before bidding. It is crucial to verify its market value against the reserve price, and other auction terms.
Contact Details
Branch:Branch Office : RACPC
Service Provider:BAANKNET
Contact Details:
Contact no: —
