Vehicle for auction Kharegaon Thane 36 K State Bank of India

Property for Auction in Kharegaon, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 4.5
Possession
Symbolic
Reserve Price
36,000
Reserve Price
36,000
EMD Required
3,600
Vehicle Specifications
Vehicle TypeVehicle
Auction TypeSARFAESI Auction
StatusSymbolic
BorrowerMr. Siddheshwar Chhagan Patole
Property Type IconProperty Type:
Vehicle
Location IconLocation:
Kharegaon, Thane
Auction Date IconAuction Date:
10-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 4.5

Auction ID:611047

Bank Name:State Bank of India

Branch Name:Small and Medium Enterprises Centre

Reserve Price:36,000

EMD:3,600

Bid Increment:2,000

Auction Time:04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-10

Bid Start Date:2025-11-10

Property Description

This is a bank auction of a vehicle by the State Bank of India located in Kharegaon, Thane, Maharashtra. The auction is being conducted under the SARFAESI Act for the asset belonging to Mr. Siddheshwar Chhagan Patole. The reserve price for this vehicle auction is INR 36,000.0 with an Earnest Money Deposit (EMD) of INR 3,600.0. This presents a great opportunity for prospective buyers interested in acquiring a vehicle through a secured bank auction process.

State:Maharashtra

City:Thane

Area:Kharegaon

Asset Category:Vehicle Auctions

Full Address:Kelvin Warehousing, Datta Mandir Road, Survey No 51, Kharegaon (Near Swami Samarth Math) Kalva, Kharegaon, Thane

Auction Description

The State Bank of India is holding a SARFAESI auction for a vehicle in Kharegaon, Thane, Maharashtra. The auction will take place on November 10, 2025, commencing at 02:00 PM and concluding at 05:00 PM. The reserve price is set at INR 36,000.0, and interested bidders must submit an EMD of INR 3,600.0. This auction offers a transparent and regulated platform for purchasing a vehicle directly from the bank.

Borrower Name:Mr. Siddheshwar Chhagan Patole

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The vehicle offers a potential opportunity, but its age and condition ('AS IS WHERE IS BASIS') require careful assessment. The location is accessible, but the vehicle type has a limited market. The relatively low reserve price makes it a calculated opportunity for the right buyer.

Contact Details

Branch:Branch Office : Small and Medium Enterprises Centre

Service Provider:BAANKNET

Contact Details:

Contact no: —

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