Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:612929
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: THRISSUR
Reserve Price:₹1,80,000
EMD:₹18,000
Auction Time:11:00 AM
Service Provider:Public Auction
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 Thalapally, Karimnagar, Telangana. The property is being auctioned by Canara Bank under the SARFAESI Act. This presents an opportunity to acquire a vehicle through a transparent auction process. Ideal for individuals or businesses seeking to purchase pre-owned vehicles at competitive prices.
State:Telangana
City:Karimnagar
Area:Thalapally
Asset Category:Vehicle Auctions
Full Address:Thalapally, Karimnagar, Telangana, Thalapally, Karimnagar
Auction Description
Canara Bank is conducting a SARFAESI auction for a vehicle in Thalapally, Karimnagar. The auction will take place on November 24, 2025, from 11:00 AM to 12:00 PM. The reserve price for this auction is ₹1,80,000, with an Earnest Money Deposit (EMD) of ₹18,000. This is a fantastic opportunity to bid on and potentially acquire a vehicle directly from the bank.
Borrower Name:M/s J Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Sri. J.Jimmy Varghese, Smt. Fino Sebastin, Sri.Jijo P.Varghese
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The Mahindra Treo Zor DV-Electric presents a calculated opportunity due to its recent manufacture and potentially lower acquisition cost via auction. Its value is tied to its utility as a commercial vehicle in the local market, and interested parties should assess its condition and market demand.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: THRISSUR
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no: —
