2024 TVS Jupiter 125 Auction in Belagavi, Karnataka – Canara Bank e-Auction

2024 TVS Jupiter 125 Auction in Belagavi, Karnataka: A 2024 TVS Jupiter 125 scooter is available for online auction through Canara Bank in Belagavi, Karnataka. The vehicle has a reserve price of ₹60,000 and the e-auction is scheduled for 7 October 2026.

🛵 Auction Highlight

2024 TVS Jupiter 125
Reserve Price: ₹60,000
EMD: ₹6,000
Auction Date: 7 October 2026
Auction Time: 12:00 PM to 1:00 PM

🛵 TVS Jupiter 125 Auction – Quick Details

Vehicle	TVS Jupiter 125
Model Year	2024
Model	TVS Jupiter 125 CC
Vehicle Category	Two-Wheeler / Scooter
Registration Year	2024
Date of Registration	14 May 2024
Fuel Type	Petrol
Transmission	Other – as displayed in auction listing
Odometer Reading	3,00,000 km
Insurance Policy	No
Bank	Canara Bank
Branch	Malikwad Branch
Location	Belagavi / Chikodi, Karnataka
Asset ID	CNRBTVSJUPITAR
Auction Platform	baanknet.com

📅 Canara Bank TVS Jupiter Auction Date & Time

🗓 Auction Date: 7 October 2026

⏰ Auction Time: 12:00 PM to 1:00 PM

💰 Reserve Price: ₹60,000

💳 EMD: ₹6,000

📅 EMD Last Date: 6 October 2026

⏰ EMD Deadline: 3:00 PM

🛵 2024 TVS Jupiter 125 – Vehicle Details

According to the Canara Bank sale notice, the movable asset offered for auction is a TVS Jupiter 125 CC. The date of registration mentioned in the notice is 14 May 2024.

The auction listing identifies the vehicle as a 2024 TVS Jupiter 125 – Drum Alloy scooter. The listing displays the fuel type as Petrol.

The public auction listing displays an odometer reading of 3,00,000 km and indicates that an insurance policy is not available.

💰 Reserve Price and EMD

Reserve Price

₹60,000

EMD

₹6,000

The sale notice specifies an EMD of 10% of the reserve price. For this auction, the EMD amount is ₹6,000.

🔍 Vehicle Inspection Date

Inspection:
3 October 2026 at 11:00 AM

Inspection is permitted with prior appointment with the authorised officer, as stated in the sale notice.

Interested bidders should arrange the inspection in advance and independently check the vehicle’s physical condition before participating in the auction.

💻 How to Participate in the E-Auction

The sale notice states that the auction will be conducted through online electronic bidding on the designated auction platform.

Register as a bidder on the designated online auction platform.
Complete the required registration and obtain the bidder login credentials.
Deposit the EMD of ₹6,000 within the specified deadline.
Submit the required documents/details to the bank within the prescribed time.
Participate in the online auction on 7 October 2026 between 12:00 PM and 1:00 PM.

🔨 Bidding Rules

The auction will commence at the reserve price of ₹60,000.
Bids are required to be increased in multiples of ₹1,000.
The highest eligible bid above the reserve price at the closure of the online auction may be declared the successful bid, subject to confirmation by the secured creditor.
The unsuccessful bidder’s EMD will be refunded as per the sale notice.

💳 Payment Terms for Successful Bidder

The successful bidder is required to deposit 25% of the sale price, including the EMD already paid, immediately after being declared the successful bidder.

The remaining balance amount is required to be paid within 15 days from the date of confirmation of sale by the secured creditor, as specified in the sale notice.

If the successful bidder fails to pay the sale price within the prescribed period, the deposit may be forfeited and the vehicle may be put up for sale again according to the auction conditions.

🧾 Other Charges and Taxes

Applicable conveyance charges, stamp duty, GST, registration charges and other applicable expenses are to be borne by the successful bidder as specified in the sale notice.

The sale notice also states that for vehicles with a value exceeding ₹10 lakh, Tax Collected at Source (TCS) at the applicable rate is to be collected from the successful bidder. This particular vehicle has a reserve price of ₹60,000, so bidders should refer to the applicable tax rules and final auction terms for their transaction.

⚠️ Vehicle Sold on “As Is” Basis

The Canara Bank sale notice states that the movable asset will be sold on an “As is where is”, “As is what is” and “Whatever there is” basis.

Therefore, prospective bidders should inspect the scooter and verify all relevant details before submitting a bid.

AUCTION ASSET ID

CNRBTVSJUPITAR

🔎 Things to Check Before Bidding

Inspect the scooter before participating in the auction.
Check the physical condition of the vehicle.
Verify the registration and vehicle-related documents.
Understand the auction terms and payment schedule.
Confirm the latest auction status before submitting the EMD.
Consider registration, transfer, repair and other applicable expenses.
Read the complete Canara Bank sale notice before bidding.

📌 Important Dates at a Glance

Event	Date / Time
Vehicle Inspection	03 October 2026 – 11:00 AM
EMD Last Date	06 October 2026 – 3:00 PM
Auction Date	07 October 2026
Auction Time	12:00 PM – 1:00 PM

🛵 2024 TVS Jupiter 125 Auction – Summary

This Canara Bank e-auction features a 2024 TVS Jupiter 125 CC scooter located in the Belagavi–Chikodi region of Karnataka. The reserve price is ₹60,000 and the EMD is ₹6,000.

The online auction is scheduled for 7 October 2026 from 12:00 PM to 1:00 PM. Interested bidders should complete the EMD and documentation requirements before the prescribed deadline and inspect the vehicle before bidding.

⚠️ Disclaimer

This article is published for general informational purposes based on the available Canara Bank auction sale notice and auction listing. The information presented here may be subject to change, postponement, cancellation or modification by the bank or the auction service provider. The vehicle condition, documents, auction status, dates, timings, reserve price, EMD and other terms should be independently verified from the latest official auction notice before taking any financial or bidding decision. www.canteenrates.in does not guarantee the accuracy, availability or continuation of the auction and is not a broker or representative of Canara Bank.

Source: Canara Bank Sale Notice dated 15 September 2026 and the corresponding auction listing.

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