Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:614562
Bank Name:State Bank of India
Branch Name:HOME LOAN CENTRE
Reserve Price:₹2,50,000
EMD:₹25,000
Bid Increment:₹5,000
Auction Time:11.00 am to 12.00 pm
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-21
Property Description
A pre-owned car is being auctioned by the State Bank of India in Hubballi, Karnataka. This is a SARFAESI auction, offering a valuable opportunity to acquire a vehicle. The property is located in Hubballi.
State:Karnataka
City:Hubballi
Area:Hubballi
Asset Category:Vehicle Auctions
Full Address:Hubballi, Hubballi, Karnataka, Hubballi, Hubballi
Auction Description
State Bank of India is conducting a SARFAESI auction for a car in Hubballi, Karnataka. The auction will take place on November 21, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 250,000.00, with an Earnest Money Deposit (EMD) of INR 25,000.00 required. This is a fantastic chance to purchase a vehicle through a transparent bank auction process.
Borrower Name:Sri. Sharada S
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This car auction represents a calculated opportunity. The low reserve price and EMD make it accessible, but potential buyers should thoroughly inspect the vehicle due to the 'AS IS' condition. The limited auction time and relatively short inspection window require prompt action from interested parties.
Contact Details
Branch:Branch Office : HOME LOAN CENTRE
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Basavaraj Garagad
Contact no:9449889757
