a vehicle mounted surveillance and reporting system for tracking, monitoring and reporting the vehicle position and condition comprising atleast one imaging device selectively in and/or around the vehicles for capturing vehicle image, a vehicle condition intercepting sensory network comprising plurality of sensors for continuously sensing vehicle condition, a microcontroller unit operatively connected with the sensors for receiving the sensory data and comparing the sensory data with preset threshold value corresponds to a sensory data for a particular vehicle condition to determine the vehicle conditional state, vehicle tracking module for continuously tracking location coordinates of path traveled by the vehicle and communication module for sending selectively the captured vehicle images or videos, the vehicle location and vehicle condition data to a remote data center.