Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611753
Bank Name:Bank of Baroda
Branch Name:Regional Office : Raipur
Reserve Price:₹13,05,000
EMD:₹1,30,000
Bid Increment:₹5,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This auction features a car located in Tatobandh, Raipur, Chhattisgarh. The vehicle was formerly owned by Mr. Rajesh Kumar and is being auctioned by Bank of Baroda under the SARFAESI Act. This is a prime opportunity to acquire a vehicle through a transparent bank auction process.
State:Chhattisgarh
City:Raipur
Area:Tatobandh
Asset Category:Vehicle Auctions
Full Address:Tatibandh, Raipur, Chhattisgarh, Tatobandh, Raipur
Auction Description
Bank of Baroda presents a SARFAESI auction for a car in Tatobandh, Raipur, Chhattisgarh. The auction will take place on November 24, 2025, from 02:00 PM to 06:00 PM. The reserve price is ₹13,05,000, with an Earnest Money Deposit (EMD) of ₹1,30,000 required to participate. Don't miss this chance to bid on a seized asset.
Borrower Name:Mr. Rajesh Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ram Briksh Sharma
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The MG Hector car in Raipur represents a moderate investment opportunity. While the location is specified and the vehicle details are provided, potential buyers should thoroughly inspect the car and consider market value before bidding. The reserve price and EMD are competitive, but the car's condition and market demand will influence the final investment decision.
Contact Details
Branch:Branch Office : Regional Office : Raipur
Service Provider:BAANKNET
Contact Details:
Authorised Officer
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