Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611752
Bank Name:Bank of Baroda
Branch Name:Regional Office : Raipur
Reserve Price:₹20,25,000
EMD:₹2,02,000
Bid Increment:₹5,000
Auction Time:02:00 PM to 6:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This is a bank auction for a vehicle located in Tatobandh, Raipur, Chhattisgarh. The auction is conducted by Bank of Baroda under the SARFAESI Act. The vehicle is being auctioned as part of the recovery process from borrower Mr. Pankaj Kashyap.
State:Chhattisgarh
City:Raipur
Area:Tatobandh
Asset Category:Vehicle Auctions
Full Address:Tatibandh, Raipur, Chhattisgarh, Tatibandh, Raipur
Auction Description
The SARFAESI auction for a vehicle by Bank of Baroda in Tatobandh, Raipur will take place on November 24, 2025. The auction will commence at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for the vehicle is ₹2,025,000, with an Earnest Money Deposit (EMD) of ₹202,000 required to participate.
Borrower Name:Mr. Pankaj Kashyap
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vasudev Kashyap
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This vehicle auction in Tatibandh, Raipur, offers a calculated opportunity for those seeking a commercial vehicle. The location is specified, and the reserve price appears reasonable. However, the lack of detailed information and the specific vehicle type might limit the investment appeal, hence a 'Calculated Opportunity' recommendation.
Contact Details
Branch:Branch Office : Regional Office : Raipur
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
