Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611430
Bank Name:State Bank of India
Branch Name:RACPC
Reserve Price:₹3,15,000
EMD:₹31,500
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This is a vehicle auction held by the State Bank of India for a car located in Kottayam, Kerala. The auction is conducted under the SARFAESI Act. The car belongs to Mrs. Ancy Jose. This is an opportunity to acquire a vehicle through a bank auction.
State:Kerala
City:Kottayam
Area:Kottayam
Asset Category:Vehicle Auctions
Full Address:Kayappurathupayyam palil House, Madappally PO Changanacherry, Kottayam, Kottayam
Auction Description
The State Bank of India is holding a SARFAESI auction for a car in Kottayam, Kerala. The auction starts on December 10, 2025, at 11:00 AM and concludes at 12:00 PM on the same day. The reserve price for this auction is ₹3,15,000, with an Earnest Money Deposit (EMD) of ₹31,500 required to participate.
Borrower Name:Mrs. Ancy Jose
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Chitra Jose
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a car, which depreciates in value, but the reserve price might offer a good deal. Kottayam location adds some value, but it's essential to inspect the vehicle thoroughly before bidding. A calculated approach is advised due to the nature of the asset and auction terms.
Contact Details
Branch:Branch Office : RACPC
Service Provider:BAANKNET
Contact Details:
Contact no: —
