Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612982
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹3,00,000
EMD:₹30,000
Bid Increment:₹5,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a State Bank of India vehicle auction located in Nallajeria, East Godavari, Andhra Pradesh. The property is a vehicle belonging to borrower Sri Yalamati Gerata, being auctioned under SARFAESI Act. This is a prime opportunity to acquire a vehicle through a transparent bank auction process.
State:Andhra Pradesh
City:East Godavari
Area:Nallajeria
Asset Category:Vehicle Auctions
Full Address:S/o Venkataratnam, 6-112A Society Street, Nallajerla, East Godavari District, Andhra Pradesh, Nallajerla, East Godavari
Auction Description
State Bank of India is conducting a SARFAESI auction for a vehicle in Nallajeria, East Godavari, Andhra Pradesh. The auction will take place on November 21, 2025, from 12:00 PM to 01:00 PM. The reserve price is ₹3,00,000.00, and the Earnest Money Deposit (EMD) is ₹30,000.00. Bidder registration and participation details will be available on the auction platform. Don't miss this chance to participate in a secure and regulated bank auction.
Borrower Name:Sri Yalamati Gerata
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle auction presents a calculated opportunity due to the moderate reserve price and the asset's potential utility. The location in East Godavari adds regional market value. However, vehicle auctions inherently carry risks related to condition and transfer expenses, warranting careful due diligence.
Contact Details
Branch:Branch Office : Regional office
Service Provider:bankeauctions.com / C1 India
Contact Details:
Branch Manager
Contact no:9542046925
