Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:610673
Bank Name:Bank of Baroda
Branch Name:Kurnool Branch
Reserve Price:₹24,30,000
EMD:₹2,43,000
Bid Increment:₹10,000
Auction Time:2.00 PM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-18
Property Description
This listing is for a vehicle being auctioned by Bank of Baroda in Kurnool, Andhra Pradesh. The auction is conducted under the SARFAESI Act. The vehicle is located in Kurnool city.
State:Andhra Pradesh
City:Kurnool
Area:Kurnool
Asset Category:Vehicle Auctions
Full Address:Parked at Rayalaseema Enterprises Vehicle Parking Yard, Sy.No. 131-1, Opp. Electrical Sub-Station, Kalyanadurgam Road, Kurugunta Village, Anantapur District, AP-515751, Kurugunta Village, Kurnool
Auction Description
Bank of Baroda is holding a SARFAESI auction for a vehicle in Kurnool, Andhra Pradesh. The auction will take place on November 18, 2025, from 02:00 PM to 05:00 PM. The reserve price for this auction is ₹2,430,000, with an Earnest Money Deposit (EMD) of ₹243,000 required. The borrower for this asset is Mr. Avula Ayyaswamy.
Borrower Name:Mr. Avula Ayyaswamy
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vehicle, offering a specific use case. The reserve price appears reasonable for a commercial vehicle; however, potential bidders need to thoroughly inspect the vehicle's condition. Location in Kurnool affects its transport and operational costs.
Contact Details
Branch:Branch Office : Kurnool Branch
Service Provider:BAANKNET
Contact Details:
Umesha Naika
Contact no:9945536115
