Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614306
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH-II , Ernakulam
Reserve Price:₹28,00,000
EMD:₹2,80,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a bank auction by the State Bank of India in Ernakulam, Kerala. The property being auctioned is a vehicle. The auction is conducted under SARFAESI Act. The borrower's name is Mrs. Najimunnisa KA. The auction is taking place in Ernakulam.
State:Kerala
City:Ernakulam
Area:Ernakulam
Asset Category:Vehicle Auctions
Full Address:Kahirapoyil House, Kanhirapoyil PO, Ambalathara, Kasaragod-671531, Ernakulam, Ernakulam
Auction Description
State Bank of India is holding a SARFAESI auction for a vehicle in Ernakulam, Kerala. The auction will commence on December 10, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for the vehicle is INR 28,00,000, with an Earnest Money Deposit (EMD) of INR 2,80,000 required to participate.
Borrower Name:Mrs. Najimunnisa KA
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle offers a potential business opportunity, but its specific utility and market demand warrant careful assessment. Located in Ernakulam, it presents regional business prospects at a reserve price of ₹28,00,000, making it a calculated investment.
Contact Details
Branch:Branch Office : STRESSED ASSETS RECOVERY BRANCH-II , Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
