Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613888
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹12,63,000
EMD:₹1,27,000
Auction Time:04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a SARFAESI auction for a car property located in Vijayawada, Andhra Pradesh, by the Union Bank of India. The asset category is Vehicle Auctions.
State:Andhra Pradesh
City:Vijayawada
Area:Vijayawada
Asset Category:Vehicle Auctions
Full Address:Vijayawada, Vijayawada, Andhra Pradesh, Vijayawada, Vijayawada
Auction Description
Union Bank of India is conducting a SARFAESI auction for a car in Vijayawada, Andhra Pradesh. The auction will start on November 29, 2025, at 11:00 AM and end on the same day at 04:00 PM. The reserve price is ₹12,63,000, with an Earnest Money Deposit (EMD) of ₹1,26,300.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This auction presents a calculated opportunity due to the relatively recent model year and brand. The location in Vijayawada could appeal to local buyers. However, vehicles depreciate quickly, so potential bidders need to factor in market value and condition.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:Public Auction
Contact Details:
Branch Head
Contact no: —
