Vehicle for auction Chinna Chowk Nandyal 30 lakh Bank of Baroda

This is a bank auction conducted by Bank of Baroda for a vehicle located in Nandyal, Andhra Pradesh. The property is being auctioned under the SARFAESI Act. The borrower is Mr. Ayyala Sudhakar. This auction presents an opportunity to acquire a vehicle through a transparent bidding process. All interested parties are encouraged to review the auction terms and conditions.

Bank of Baroda is holding a SARFAESI auction for a vehicle in Nandyal, Andhra Pradesh. The auction will commence on November 18, 2025, at 02:00 AM and conclude on the same day at 05:00 AM. The reserve price is ₹29,70,000, with an Earnest Money Deposit (EMD) of ₹2,97,000 required to participate. This is a sealed bid auction. Interested bidders must submit their bids along with the EMD within the specified auction period. For further details and inspection, please contact the bank.

The auction of a commercial vehicle offers a potential opportunity for businesses or individuals seeking to expand their fleet. However, the 'As is where is' condition and the buyer's responsibility for parking and RTO charges introduce risks. Careful inspection and evaluation of the vehicle's condition are essential before bidding.