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Auction Policy:
1 All vehicles are sold on "As is where is basis"
2 All vehicles to be inspected by the bidder / buyer before the auction & bidding
3 The bidder will be liable for transfer of vehicle.
4 All issues related to RTO needs to be checked before bidding like RTO Objection / hold etc.
5 Year of Manufacture and Dealer Liability (if any) will have to be confirmed by bidder before bidding
6 Indemnity / Bond / Undertaking if demanded by Seller will have to be fulfilled by Bidder / Buyer
7 Parking charges applicable as per seller’s terms & conditions
8 Bid valid till month end from the date of auction
9 10K Deposit will be forfeited per vehicle in case of default and ID will be blocked from auction participation in future
10 This is Post Approval auction
11 Payment terms: within 48 hours of approval
12 Availability of Form 36 & other transfer related documents need to be checked with seller before bidding
13 Security Deposit Policy
14 - Minimum Rs 10,000/- Security Deposit would be compulsory for all online auctions on Superbids.in
16 - Security Deposit will be Forfeitured even on a single default and cannot be claimed back
17 - Forfeiture amount will be Rs 10,000/- along with ID de-activation
18 - To re-activate, buyer will have pay Rs 6000/- (as re-activation fee) along with min Rs 10,000/- Security Deposit to participate in future auctions
19 - In case of any default, the buyer will not be allowed to participate in any auction unless he pays the re-activation fee
21 - Security Deposit is fully refundable to the member only on fulfilment of all the transactions.
22 Security Deposit made with BPCM Super Value Pvt. Ltd. For participation in online auction is non interest bearing.
Auction Details
Bank/ NBFC Axis Bank
Auction Date 05th-January-2019
Region East India
Product FE
Auction Type Online Auction
Auction Details
Auction Start Date 05th-January-2019
Auction End Date 07th-January-2019
Auction Start Time 11:00
Auction End Time 17:30
Office Address
BPCM Super Value Pvt. Ltd
806 - A Wing Pranik Chamber,
Saki Vihar Road, Sakinaka
Mumbai-400072.