Coimbatore Bank Auction: Maruti Celerio ZXi(O) Car at ₹1.75 Lakh Reserve Price
Maruti Celerio Car Bank Auction at 1.75 Lakh Reserve Price Sep 2026: A Maruti Suzuki Celerio ZXi(O) car is available for sale through a Bank of Baroda vehicle e-auction in Coimbatore. The vehicle is being offered with a reserve price of ₹1.75 lakh.
The auction is being conducted by Bank of Baroda, Sundarapuram Branch, Coimbatore, through the BAANKNET online auction platform.
Maruti Celerio Bank Auction – Quick Details
| Particular | Details |
|---|---|
| Bank | Bank of Baroda |
| Branch | Sundarapuram Branch, Coimbatore |
| Vehicle | Maruti Suzuki Celerio ZXi(O) |
| Colour | Glistening Grey |
| RTO Registration | TN 99 P 5996 |
| Reserve Price | |
| EMD | ₹17,500 |
| Bid Increase Amount | ₹5,000 |
| Vehicle Inspection | 29 September 2026, 10:00 AM – 4:00 PM |
| E-Auction Date | 30 September 2026 |
| E-Auction Time | 11:00 AM – 12:00 PM |
| Auction Platform | BAANKNET |
| Property ID | BARB472101122025001 |
Reserve Price – ₹1.75 Lakh
The Bank of Baroda auction notice specifies a reserve price of ₹1,75,000. The Earnest Money Deposit (EMD) is ₹17,500, while the minimum bid increase amount is ₹5,000.
Please note that the reserve price is only the starting price specified by the bank. The final purchase price will depend on the bids received during the e-auction.
Total Dues Mentioned by the Bank
The auction notice mentions total dues of ₹7,81,747.86 as on 06 September 2026, along with further interest, costs and charges.
Important: This amount represents the dues mentioned in the bank’s auction notice and should not be treated as the market value or purchase price of the vehicle.
Maruti Celerio Auction Date and Inspection
The vehicle inspection is scheduled for:
- Date: 29 September 2026
- Time: 10:00 AM to 4:00 PM
The e-auction will take place on:
- Date: 30 September 2026
- Time: 11:00 AM to 12:00 PM
- Mode: Online e-auction through BAANKNET
Important Checks Before Bidding
Prospective bidders should conduct their own due diligence before participating in the auction. The bank’s terms require bidders to check relevant vehicle documents and records.
- Inspect the vehicle personally before bidding.
- Check the RC / Smart Card and vehicle documents.
- Verify RTO records.
- Check for outstanding challans and statutory dues.
- Check insurance details and other applicable charges.
- Understand the bank’s auction terms and conditions.
The bank also states that intending bidders can contact the branch during office hours regarding inspection of the RC book / Smart Card and insurance policy before the auction.
Payment Terms for the Successful Bidder
According to the auction terms, the successful bidder has to deposit 25% of the bid amount, including the EMD already deposited, immediately after the conclusion of the auction, on the same day or no later than the next working day.
The balance purchase amount has to be paid on or before the 15th day from the auction, or within an extended period agreed upon in writing with the bank, subject to the conditions specified in the auction notice.
Failure to comply with the payment terms can result in cancellation of the sale and forfeiture of amounts paid, as per the bank’s terms.
Additional Charges
The successful bidder is responsible for applicable expenses including RTO transfer charges, statutory dues, GST, taxes, fees, insurance and other applicable charges.
The auction purchaser is also required to complete the transfer of the vehicle in their name in the RTO records within the period specified by the bank.
Bank of Baroda Sundarapuram Branch
Bank of Baroda – Sundarapuram Branch
101/2, Madukkarai Market Road,
Sundarapuram, Coimbatore – 641024
The auction notice is dated 09 September 2026 and was issued by Bank of Baroda, Sundarapuram Branch, Coimbatore.
Important Disclaimer
This article is provided for general information based on the Bank of Baroda vehicle auction notice. Auction details, terms, dates, reserve price and other conditions may be changed, postponed or cancelled by the bank.
Interested bidders should verify the latest auction notice and complete terms and conditions directly with the bank and the BAANKNET auction platform before making any payment or submitting a bid.
CanteenRates.in is not a broker, dealer or representative of Bank of Baroda and does not participate in the auction.
Maruti Celerio Bank Auction – Key Takeaway
For buyers looking for a bank-auction vehicle in Coimbatore, this Maruti Suzuki Celerio ZXi(O) auction has a reserve price of ₹1.75 lakh. However, bidders should not consider the reserve price alone. Vehicle condition, documentation, RTO records, outstanding dues, taxes, insurance and all applicable auction terms should be carefully verified before bidding.