Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614305
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH-II , Ernakulam
Reserve Price:₹21,50,000
EMD:₹2,15,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This listing is for a vehicle auction conducted by the State Bank of India in Ernakulam, Kerala. The asset is a vehicle, part of a SARFAESI auction. The borrower associated with this asset is Smt. Priya C. The auction is being held in Ernakulam.
State:Kerala
City:Ernakulam
Area:Ernakulam
Asset Category:Vehicle Auctions
Full Address:Ernakulam, Ernakulam
Auction Description
State Bank of India presents a SARFAESI vehicle auction in Ernakulam, Kerala. The auction starts on November 25, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is INR 2,150,000, with an Earnest Money Deposit (EMD) of INR 215,000 required. This is an opportunity to acquire a vehicle through a bank auction process.
Borrower Name:Smt.Priya C
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The Ashok Leyland Truck presents a calculated opportunity due to its relatively recent manufacturing year. The location in Ernakulam may attract regional transport businesses. A moderate rating reflects the specialized nature of the asset and potential limitations in resale.
Contact Details
Branch:Branch Office : STRESSED ASSETS RECOVERY BRANCH-II , Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
