Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611050
Bank Name:State Bank of India
Branch Name:Small and Medium Enterprises Centre
Reserve Price:₹4,00,000
EMD:₹40,000
Bid Increment:₹2,000
Auction Time:04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-11-2025 05:00 PM
Bid Start Date:2025-11-10
Property Description
State Bank of India presents a SARFAESI auction for a vehicle in Thane, Maharashtra. This is an opportunity to acquire a vehicle through a transparent auction process conducted by the bank. The property is located in the Thane area. Details regarding the specific vehicle model and condition will be provided to interested bidders. Seize this chance for a valuable acquisition.
State:Maharashtra
City:Thane
Area:Thane
Asset Category:Vehicle Auctions
Full Address:Kelvin Warehousing, Datta Mandir Road, Survey No 51, Kharegaon (Near Swami Samarth Math) Kalva - 400605, Kharegaon, Thane
Auction Description
State Bank of India is conducting a SARFAESI auction for a vehicle on November 10, 2025. The auction will commence at 02:00 PM and conclude at 05:00 PM. The reserve price for this auction is INR 400,000.0, with an Earnest Money Deposit (EMD) of INR 40,000.0 required to participate. This auction is a fantastic opportunity for buyers looking to acquire a vehicle through a secure and regulated process managed by the State Bank of India.
Borrower Name:M/s Epic Eats
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shrikant Awati
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle's reserve price is reasonable, considering it is a commercial vehicle. However, potential buyers should thoroughly inspect the vehicle's condition. The auction terms require prompt payment, adding a moderate level of risk.
Contact Details
Branch:Branch Office : Small and Medium Enterprises Centre
Service Provider:BAANKNET
Contact Details:
Contact no: —
