Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:611791
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹28,68,000
EMD:₹2,87,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a vehicle being auctioned by the Bank of India under SARFAESI rules in Indore, Madhya Pradesh. The vehicle belongs to Mr. Mukesh Bamniya. The auction is scheduled to take place online. Bidders are encouraged to inspect the vehicle prior to the auction. Further details and inspection appointments can be obtained from the Bank of India, Indore branch.
State:Madhya Pradesh
City:Indore
Area:Indore
Asset Category:Vehicle Auctions
Full Address:Village Raswa, Post Deswaliya Tehsil Kukshi, District Dhar (MP) 454335, Indore, Indore
Auction Description
Bank of India presents a SARFAESI auction for a vehicle in Indore, Madhya Pradesh. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹28,68,000.00, with an Earnest Money Deposit (EMD) of ₹2,87,000.00 required to participate. Interested parties should review the auction terms and conditions provided by the Bank of India.
Borrower Name:Mr. Mukesh Bamniya
Auction Type:SARFAESI Auction
Guarantor Names:Lalsingh Bamniya
Legal Details
Possession Status:As Is Where Is
Encumbrance Details:Not Known to Bank
Why This Property
This is a vehicle auction, presenting a specialized investment opportunity. The location in Indore is a plus, but the 'As Is Where Is' condition requires thorough inspection. Given the limited details and specialized nature, it's a 'Calculated Opportunity' suitable for those familiar with vehicle auctions.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer & Chief Manager
Contact no:2445141-117-134
