Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612759
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹8,10,000
EMD:₹81,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This is a bank auction of a car in Bengaluru, Karnataka, by Bank of Baroda. The asset category is Vehicle Auctions, and the auction type is SARFAESI Auction. The borrower's name is Mr Ganesh Kumar Shetty. The reserve price is INR 8,10,000, with an Earnest Money Deposit (EMD) of INR 81,000.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Vehicle Auctions
Full Address:TATA NEXON XZA+ LX KA51MU2237, Bengaluru
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a car in Bengaluru, Karnataka. The auction will take place online on November 24, 2025, from 02:00 PM to 06:00 PM. The reserve price is set at INR 8,10,000, and interested bidders must submit an EMD of INR 81,000. This is an opportunity to acquire a vehicle through a transparent auction process.
Borrower Name:Mr GANESH KUMAR SHETTY
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The car auction in Bengaluru presents a reasonable prospect given the reserve price and location. As it is a vehicle, the score reflects depreciation considerations and a calculated approach due to dependence on vehicle condition. Investment is tiered as a 'Calculated Opportunity' due to auction specifics.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:080-25011710
