Karnataka Bank Limited has issued an online open e-auction notice for the sale of seized goods carrier vehicles due to loan defaults. The auction features two Ashok Leyland heavy goods vehicles financed for borrower Sri Narra Ramamohan Rao. The first vehicle has a reserve price of ₹22,00,000 with an EMD of ₹2,20,000, and the second vehicle has a reserve price of ₹22,50,000 with an EMD of ₹2,25,000. Bidders can view full procurement terms and participate via bankeauctions.com on 27-08-2026 between 10:00 AM and 12:00 Noon.