Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 3.5
Auction ID:613596
Bank Name:Central Bank of India
Branch Name:KOCHI REGIONAL OFFICE
Reserve Price:₹41,31,000
EMD:₹4,13,000
Service Provider:BAANKNET
Important Dates
Submission Date:14-12-2025 05:00 PM
Bid Start Date:15-12-2025 10:00 AM
Property Description
This is a bank auction by the Central Bank of India for a vehicle located in Kannur, Kerala. The auction is conducted under the SARFAESI Act. The borrower is Mr. Prasad Kumar. This is a great opportunity to acquire a vehicle through a transparent bidding process. All interested parties are encouraged to participate.
State:Kerala
City:Kannur
Area:Kannur
Asset Category:Vehicle Auctions
Full Address:Kannur, Kannur, Kerala, Kannur, Kannur
Auction Description
Central Bank of India presents a SARFAESI vehicle auction in Kannur, Kerala. The auction will take place on December 15, 2025, starting at 10:00 AM and concluding at 06:00 PM on the same day. The reserve price is INR 41,31,000, with an EMD of INR 4,13,000. Don't miss this chance to bid on this valuable asset.
Borrower Name:Mr. Prasad Kumar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The auction presents a chance to acquire a commercial vehicle at a potentially favorable price. However, limited details and uncertainty surrounding the vehicle's condition make it a calculated opportunity rather than a prime investment.
Contact Details
Branch:Branch Office : KOCHI REGIONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Contact no: —
