Hypothecation of Car for Sale in Horamavu Bengaluru

The STATE BANK OF INDIA, a Public sector organization in India, has issued a Government E-Auction Notice for Hypothecation of Car for Sale in Horamavu Bengaluru in Bengaluru, Karnataka, India.

This Auction Notification (Tender ID: SBIN42794379319 | Ref ID: 151347231). The estimated auction value is ₹ 350000. The notice was published on 23 Oct 2026, and the e-auction is scheduled to begin on 23 Oct 2026 through the designated e-procurement / e-auction portal.

This public sector e-auction in India provides an opportunity for eligible bidders, contractors, traders, and suppliers to participate in a transparent online bidding process. Interested participants are advised to carefully review the eligibility criteria, asset details, reserve price (if applicable), registration process, EMD requirements, and bidding terms before the auction start date.

Businesses seeking government auction opportunities in India should regularly monitor this listing for corrigendum updates, document downloads, and auction participation guidelines.

Procurement Summary

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Country: India

State: Karnataka

Summary: Hypothecation of Car for Sale in Horamavu Bengaluru

Posting Date: 23 Oct 2026

Deadline: 23 Oct 2026

Purchaser's Detail

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Other Information

Notice Type: Auction

RefID: 151347231

Notice Ref. No.: SBIN42794379319

Tender Value: ₹ 350000

Tender EMD: ₹ 34650.00

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

HYPOTHECATION OF CAR for sale in HORAMAVU Bengaluru
Auction ID : 377294
Auction ID377294
Customer ID89665897592
Bank Property IDSBIN42794379319
BranchVIDYARANYAPURA (BENGALURU)-9045
Officer, DesignationLOKESH G-Authorised Officer - Scale - IV - CM
BankState Bank of India
Property TypeOther
Property Sub TypeOthers
Borrower's NameMAHESH THAKUR
Registered Address of Borrower#16, BHEL Layout, Sy No. 378/16, Opp. St Stephen Public School, Manganahalli, Bengaluru – 560027
Type of ActionBank Owned Assets
Dealing Officer Name, Designation: LOKESH G
Mobile No.: 9036210540
Branch Address: NO.25, N.T.I.LAYOUT, VIDYARANYAPURA, BENGALURU, BENGALURU, KARNATAKA
Reserve price: ₹3, 46, 500.00
EMD: ₹34, 650.00
Increment Price: ₹10, 000.00
Increment Price During Extension: ₹10, 000.00
Extend Time When Valid Bid Received in Last(In Minutes): 10
Extend Time By (In Minutes): 10
Property Type: Other
Property Sub Type: Others
Possession Type: Physical
Property Address: INTACT AUTOPARC INDIA PVT LTD (KALKERE), MUNIYAPPA LAYOUT, CHANNASANDRA MAIN ROAD, HORAMAVU POST, BENGALURU - 560043 MOBILE - 9741322800
Is this property available for Loan offer?: No
Other Detail: MARUTI SUZUKI ALTO K-10 VXI+
Specific Property Sub Type: HYPOTHECATION OF CAR