Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612783
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹15,21,000
EMD:₹1,52,100
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:BEFORE END TIME OF E AUCTION
Bid Start Date:2025-12-08
Property Description
This is a bank auction for a car located in Bengaluru, Karnataka, offered by Bank of Baroda. The property is being auctioned under the SARFAESI Act. The borrower is Mr. Palaniswamy. This is an excellent opportunity to acquire a vehicle through a transparent auction process.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Vehicle Auctions
Full Address:BILEKAHALLI, PALANISWAMY PONNUSWAMY BARBVJBILEPALANI, Bengaluru, Bengaluru
Auction Description
Bank of Baroda is conducting an online SARFAESI auction for a car in Bengaluru. The auction will take place on 08-12-2025, starting at 02:00 PM and concluding at 06:00 PM. The reserve price is INR 15,21,000, with an Earnest Money Deposit (EMD) of INR 1,52,100. Interested bidders are advised to review all auction terms and conditions before participating.
Borrower Name:Mr . PALANISWAMY
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle presents a calculated opportunity due to its depreciating nature and specific condition ('As is where is' basis). While the location is favorable, the specific vehicle model and potential maintenance costs require careful consideration. The auction terms are standard, but thorough inspection is crucial.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:080-25011710
