Car for auction Mylapore Chennai 5 lakh State Bank of India

This is a bank auction for a car located in Mylapore, Chennai, Tamil Nadu. The property is a vehicle being auctioned by the State Bank of India under the SARFAESI Act. The borrower is Mrs. PADMA K. This presents an opportunity to acquire a vehicle through a transparent auction process. Detailed inspection of the vehicle is recommended prior to bidding.

State Bank of India presents a SARFAESI auction for a car in Mylapore, Chennai. The auction will take place online on October 31, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 5,25,000, with an Earnest Money Deposit (EMD) of INR 52,500 required to participate. Interested bidders should review all auction terms and conditions carefully and ensure they meet the eligibility criteria before submitting their bids. This is a single-lot auction for a vehicle owned by Mrs. PADMA K.