Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612928
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: THRISSUR
Reserve Price:₹45,000
EMD:₹4,500
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 vehicle auction being conducted by Canara Bank under the SARFAESI Act in Thalapally, Karimnagar, Telangana. The asset is a vehicle belonging to the borrower M/s J Enterprises. This is a fantastic opportunity to acquire a vehicle at a potentially great price.
State:Telangana
City:Karimnagar
Area:Thalapally
Asset Category:Vehicle Auctions
Full Address:14 5 Nambazhikkad atto P.O, Kandanasserry Grama Panchayath, Thalapally, Karimnagar
Auction Description
Canara Bank is holding a SARFAESI auction for a vehicle in Thalapally, Karimnagar on November 24, 2025. The auction will run from 11:00 AM to 12:00 PM. The reserve price is INR 45,000, with an EMD of INR 4,500 required to participate. This is a sealed bid auction, so ensure your bids are submitted within the designated time frame.
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 OLA S1 AIR electric vehicle, offered at a reserve price of ₹45,000 in Karimnagar, presents a calculated opportunity. The relatively low price point may attract buyers, but prospective bidders should conduct thorough due diligence. This investment carries moderate risk due to the limited information available.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: THRISSUR
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no: —
