Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611965
Bank Name:Bank of Baroda
Branch Name:BRANCH: ROSARB
Reserve Price:₹14,40,000
EMD:₹1,44,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:15-11-2025 05:00 PM
Bid Start Date:2025-11-17
Property Description
This is a Bank of Baroda vehicle auction in Amalapuram, Andhra Pradesh. The property is a vehicle belonging to Mr. Indugula Srinivasa Rao. The auction is conducted under the SARFAESI Act.
State:Andhra Pradesh
City:Amalapuram
Area:Amalapuram
Asset Category:Vehicle Auctions
Full Address:Door No.2-166, Indugula Vari Street, G. Vemavaram, Guthindeevi, Amalapuram, A.P - 533201, Guthindeevi, Amalapuram
Auction Description
The Bank of Baroda is holding a SARFAESI auction for a vehicle in Amalapuram, Andhra Pradesh. The auction starts on November 17, 2025, at 02:00 PM and ends at 06:00 PM on the same day. The reserve price for the vehicle is ₹14,40,000, with an EMD of ₹1,44,000.
Borrower Name:Mr. Indugula Srinivasa Rao
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle offers decent value given its make and model but being a vehicle the value depreciates. The auction terms are standard, but potential bidders need to consider applicable GST and yard charges. Inspection is recommended before bidding.
Contact Details
Branch:Branch Office : BRANCH: ROSARB
Service Provider:BAANKNET
Contact Details:
Contact no:7569961199
