Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609721
Bank Name:State Bank of India
Branch Name:Surat
Reserve Price:₹13,40,000
EMD:₹1,34,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-07-11
Bid Start Date:2025-07-11
Property Description
A vehicle being auctioned by the State Bank of India in Surat, Gujarat. This is a SARFAESI auction. The property is listed under the borrower name Mrs. Rajbala.
State:Gujarat
City:Surat
Area:Surat
Asset Category:Vehicle Auctions
Full Address:12 Susen - Tarsali Ring Road, Bhagat Colony, Makarpura GIDC, Manjalpur, Vadodara, Gujarat-390010, Tarsali Ring Road, Surat
Auction Description
State Bank of India is conducting a SARFAESI auction for a vehicle in Surat, Gujarat. The auction will take place on November 7, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price is ₹13,40,000, with an Earnest Money Deposit (EMD) of ₹1,34,000.
Borrower Name:Mrs. Rajbala
Auction Type:SARFAESI Auction
Guarantor Names:Rohitas Assat
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The auctioned vehicle, a MG Hector in Surat, presents a reasonable opportunity given its reserve price and location. While vehicle auctions can be unpredictable, the well-known brand and potentially lower acquisition cost justify a closer look for interested buyers. However, thorough inspection is crucial due to 'AS IS' terms.
Contact Details
Branch:Branch Office : Surat
Service Provider:BAANKNET
Contact Details:
Authorized Officer & Chief Manager
Contact no:9875157345
