Vehicle for auction Thalapally Karimnagar 2 lakh Canara Bank

This is a bank auction for a vehicle located in Thalapally, Karimnagar, Telangana. The auction is conducted by Canara Bank under the SARFAESI Act. The asset is a vehicle, and the borrower is M/s J Enterprises. The reserve price is ₹1,80,000, with an Earnest Money Deposit (EMD) of ₹18,000. This is an excellent opportunity to acquire a vehicle through a transparent bank auction process.

Canara Bank is holding a SARFAESI auction for a vehicle in Thalapally, Karimnagar, Telangana. The auction will take place on November 24, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹1,80,000, and the EMD required is ₹18,000. This is a sealed bid auction, and interested parties are advised to complete all necessary formalities before the closing time. Please refer to the official Canara Bank auction notice for detailed terms and conditions.

The Mahindra Treo Zor DV-Electric vehicle presents a calculated opportunity due to its relatively recent manufacture year and availability through bank auction. The location in Thalapally, Karimnagar, suggests regional utility. The reserve price of ₹180,000 makes it an attractive proposition for those seeking an affordable commercial vehicle.