Auction

Movable/Vehicle/Tirunelveli

Posted: November 9, 2025 Category: Auctions Insights: Your Guide to Bidding and Beyond

The-New-Indian-Express-Tirunelveli-02-11-2025-page-3

๐Ÿฆ Event Details

Event Type: SARFAESI
Event No.: 209037
NIT Reference No.: SBI Vs Mr. V. Prem Naveen
Tender / Event Title: SBI Vs Mr. V. Prem Naveen
Organising Bank / Institution: State Bank of India
Event Branch: State Bank of India, Vickramasinghpuram, Tirunelveli โ€“ BO


๐Ÿš— Property Details

Property Category: Movable
Property Sub-Category: Vehicle

Property Description:
Vehicle Registration Number: TN 72 CU 5097
Make / Model: TATA PUNCH PURE (2023)
Vehicle Location: Tirunelveli

Borrowerโ€™s Name: Mr. V. Prem Naveen


๐Ÿ’ฐ Auction Details

Reserve Price: โ‚น4,41,000.00
Tender Fee: โ‚น0.00
Price Bid: Applicable
Bid Increment Value: โ‚น1,000.00
Auto Extension Time: 5 minutes
No. of Auto Extensions: Unlimited
Digital Signature (DSC) Required: No


๐Ÿฆ EMD (Earnest Money Deposit) Details

EMD Amount: โ‚น45,000.00
Deposit Bank Name: State Bank of India
Deposit Bank Account No.: DD
IFSC Code: DD


๐Ÿ“… Important Dates

  • Press Release Date: 01 November 2025

  • Date of Property Inspection (From): Not Available

  • Date of Property Inspection (To): Not Available

  • Offer (First Round Quote) Submission Last Date: 10 November 2025 โ€“ 10:50 hrs

  • Offer (First Round Quote) Opening Date: 10 November 2025 โ€“ 10:55 hrs

  • Auction Start Date & Time: 10 November 2025 โ€“ 11:00 hrs

  • Auction End Date & Time: 10 November 2025 โ€“ 12:00 hrs

Documents to be Submitted: Pan Card, Annexure 3/Declaration Form, Annexure 2/Details of Bidder, Proof Of Address