Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:614087
Bank Name:IndusInd Bank
Branch Name:kochi
Reserve Price:₹75,000
EMD:₹6,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-05
Property Description
This is a SARFAESI auction for a vehicle, part of an IndusInd Bank asset sale in Kochi, Kerala. The property is located in the vibrant city of Kochi. The borrower associated with this asset is Mr. RENJITH G. This auction presents a valuable opportunity for interested buyers to acquire a vehicle through a transparent banking process.
State:Kerala
City:Kochi
Area:Kochi
Asset Category:Vehicle Auctions
Full Address:Maruthamala PO, Vithura, Trivandrum, PIN-695551, Kochi, Kochi
Auction Description
IndusInd Bank is conducting a SARFAESI auction for a vehicle in Kochi, Kerala. The auction is scheduled for December 5, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this vehicle auction is ₹75,000.0, and the Earnest Money Deposit (EMD) required to participate is ₹6,000.0. This is a prime opportunity to purchase a vehicle through a legitimate bank auction.
Borrower Name:Mr.RENJITH G
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.AMBIKA J
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vehicle located in Kochi, Kerala, offered at a relatively low reserve price. While the investment is limited to a vehicle, the lower cost could present a calculated opportunity, but potential buyers need to assess the vehicle's condition and market demand.
Contact Details
Branch:Branch Office : kochi
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no: —
