Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:608548
Bank Name:Punjab & Sind Bank
Branch Name:ZONAL OFFICE : BATHINDA
Reserve Price:₹4,25,000
EMD:₹42,500
Bid Increment:₹10,000
Auction Time:12:00 PM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-29
Bid Start Date:2025-11-30
Property Description
This is a bank auction for a car located in Bathinda, Punjab. The vehicle is being auctioned by Punjab & Sind Bank under the SARFAESI Act. The borrower is Smt. Anita Bansal. The auction is for a car, and the property is situated in the Bathinda area of the city.
State:Punjab
City:Bathinda
Area:Bathinda
Asset Category:Vehicle Auctions
Full Address:H.no. 1506 Gali No.2 Nai Basti, Nai Basti, Bathinda
Auction Description
Punjab & Sind Bank is conducting an e-auction for a car in Bathinda, Punjab, on November 30, 2025. The auction will commence at 12:00 PM and conclude at 04:00 PM. The reserve price for this SARFAESI auction is INR 425,000, with an Earnest Money Deposit (EMD) of INR 42,500. This is an excellent opportunity to acquire a vehicle through a transparent bank auction process.
Borrower Name:Smt. Anita Bansal
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Abhishek Bansal
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This vehicle auction presents a calculated opportunity due to its relatively low reserve price and potential for acquisition below market value. The vehicle's age and condition should be carefully assessed during inspection. Location in Bathinda offers regional value, but overall market demand for used cars should inform bidding strategy.
Contact Details
Branch:Branch Office : ZONAL OFFICE : BATHINDA
Service Provider:BAANKNET
Contact Details:
Contact no: —
