Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:612053
Bank Name:Union Bank of India
Branch Name:AMEENPUR BRANCH
Reserve Price:₹2,80,000
EMD:₹28,000
Auction Time:03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:01-12-2025 05:00 PM
Bid Start Date:2025-12-02
Property Description
A vehicle is being auctioned by Union Bank of India in Hyderabad, Telangana, under the SARFAESI Act. This is a great opportunity for buyers seeking a vehicle through a secure banking channel. The property is located in the prime area of Hyderabad. Please refer to the auction notice for specific vehicle details.
State:Telangana
City:Hyderabad
Area:Hyderabad
Asset Category:Vehicle Auctions
Full Address:Ameenpur Branch, road no 1, Gayatri mansion, PJR Enclave road, Madhavapuri hills, Chandanagar post, Ameenpur village, Patancheru mandal, Sangareddy district, Hyderabad 500050, Ameenpur, Hyderabad
Auction Description
Union Bank of India presents a SARFAESI vehicle auction in Hyderabad, Telangana. The auction starts on December 2, 2025, at 3:00 PM and concludes at 5:00 PM on the same day. The reserve price is ₹2,80,000, with an EMD of ₹28,000. This is a prime opportunity to acquire a vehicle directly from the bank.
Borrower Name:Rakesh
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This auction presents a calculated opportunity to acquire a vehicle below market value. The location in Hyderabad is advantageous, but the specific condition of the vehicle requires careful assessment. The reserve price and EMD are relatively moderate, making it accessible for interested buyers.
Contact Details
Branch:Branch Office : AMEENPUR BRANCH
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:9652390805
