2016 Volkswagen Polo Trendline Bank Auction in New Delhi – SBI Car Auction October 2026

2016 Volkswagen Polo Trendline Bank Auction in New Delhi: A Volkswagen Polo Trendline is listed for an upcoming State Bank of India (SBI) bank auction in New Delhi, Delhi. The auction listing shows a reserve price of ₹2.30 lakh and an odometer reading of 1,01,314 km.

⚠️ SBI Bank Auction Alert

The online auction is scheduled for 5 October 2026 from 10:00 AM to 5:00 PM. The EMD deadline shown in the auction terms is 4 October 2026 at 4:00 PM.

🚨 Important: Reserve Price Difference

The auction listing screenshot displays the reserve price as ₹2.30 lakh.

However, the SBI Terms and Conditions document states a reserve price of ₹2,25,000 plus applicable GST on the successful auction bid amount.

Therefore, bidders should verify the latest official auction notice and the final applicable reserve price before participating. The official SBI auction documents should be treated as the final authority.

🚗 Volkswagen Polo Auction – Quick Highlights

Vehicle: Volkswagen Polo
Variant: Trendline
Model Year: 2016
Registration Year: 2019
Fuel Type: Petrol
Transmission: Manual
Odometer: 1,01,314 km
Colour: White
Vehicle Type: Car / Hatchback
Bank: State Bank of India
Location: New Delhi, Delhi
Asset ID: SBIN38266209226

🚗 Volkswagen Polo Trendline – Complete Vehicle Details

Manufacturer	Volkswagen
Model	Polo
Variant	Trendline
Model Year	2016
Registration Year	2019
Fuel Type	Petrol
Transmission	Manual
Odometer Reading	1,01,314 km
Colour	White
Vehicle Category	Car / Hatchback
Insurance Policy	No – as displayed in auction listing
Bank	State Bank of India
Auction Location	New Delhi, Delhi
Auction Platform	baanknet.com
Asset ID	SBIN38266209226

📅 SBI Volkswagen Polo Auction Date & Time

🗓 Auction Date: 5 October 2026

⏰ Auction Start: 10:00 AM

⏰ Auction End: 5:00 PM

💳 EMD Deadline: 4 October 2026 – 4:00 PM

📈 Bid Increment: ₹10,000

💰 Volkswagen Polo Auction – Reserve Price

Auction Listing Price

₹2.30 Lakh

SBI Terms – Reserve Price

₹2.25 Lakh*

+ applicable GST

Odometer

1,01,314 KM

💳 EMD – Earnest Money Deposit

The SBI auction terms specify an EMD of ₹22,500, described as 10% of the reserve price stated in the sale terms.

The EMD deadline is shown as 4 October 2026 at 4:00 PM. Bidders should follow the payment instructions contained in the official sale document.

💵 Payment Terms for Successful Bidder

According to the SBI terms, the successful bidder is required to deposit 25% of the sale price after adjusting the EMD immediately, or on the same day / next working day as specified.

The balance 75% of the sale price is payable on or before the specified date mentioned in the sale terms, subject to the conditions stated by the secured creditor.

The successful bidder is also responsible for applicable statutory and non-statutory dues, taxes, registration expenses, transfer charges and other applicable costs as specified in the auction terms.

💻 Online Auction Details

Auction Platform: baanknet.com

Auction Date: 5 October 2026

Auction Time: 10:00 AM to 5:00 PM

Bid Increment: ₹10,000

Auto Extension: The SBI terms state that the auction auto-extension is limited until 5:00 PM on 5 October 2026.

🔍 Vehicle Inspection

The SBI sale terms state that visitation can be done till 4 October 2026 at 4:00 PM.

Interested bidders should contact the authorised bank representative through the official auction notice to confirm the inspection arrangements.

⚠️ Vehicle Sold on “As Is Where Is” Basis

The SBI sale document states that the property is to be sold on an “As Is Where Is, As Is What Is and Whatever There Is” basis.

Prospective bidders should inspect the vehicle and satisfy themselves regarding its condition, specifications, documents and other relevant aspects before submitting a bid. :contentReference[oaicite:1]{index=1}

SBI AUCTION ASSET ID

SBIN38266209226

📌 Important Dates at a Glance

Event	Date / Time
EMD Deadline	4 October 2026 – 4:00 PM
Vehicle Visitation	Till 4 October 2026 – 4:00 PM
Auction Date	5 October 2026
Auction Start	10:00 AM
Auction End	5:00 PM
Bid Increment	₹10,000

🔎 What to Check Before Bidding?

Verify the latest SBI auction notice and current auction status.
Confirm the applicable reserve price and GST.
Verify the EMD amount and payment deadline.
Inspect the Volkswagen Polo before bidding wherever inspection is permitted.
Check the vehicle’s physical condition and available documents.
Verify registration, insurance and transfer-related requirements.
Understand all applicable taxes, registration charges and transfer expenses.
Read the complete SBI sale terms before participating.

🚗 Volkswagen Polo Bank Auction – Summary

The upcoming SBI auction features a Volkswagen Polo Trendline in New Delhi, Delhi. The auction listing identifies it as a 2016 model with 2019 registration, petrol fuel, manual transmission and an odometer reading of 1,01,314 km.

The auction is scheduled for 5 October 2026 from 10:00 AM to 5:00 PM. The EMD deadline is 4 October 2026 at 4:00 PM, and the bid increment specified in the SBI terms is ₹10,000.

The auction listing displays a reserve price of ₹2.30 lakh, while the SBI terms document states ₹2.25 lakh plus applicable GST. Bidders should therefore verify the final applicable amount from the latest official auction documents before bidding.

🚨 Important Disclaimer

This article is published for general informational purposes only. The information has been compiled from the available SBI auction listing and sale terms provided for this vehicle.

Auction dates, timings, reserve price, EMD requirements, inspection arrangements, vehicle details and other terms may be changed, postponed, withdrawn or cancelled by the bank or authorised auction service provider.

www.canteenrates.in is not the owner, seller, auctioneer, broker or representative of State Bank of India. We do not guarantee the vehicle’s condition, availability, auction outcome or final sale price.

The vehicle is offered on the terms specified in the official SBI sale document, including the stated “As Is Where Is, As Is What Is and Whatever There Is” basis.

Prospective bidders should inspect the vehicle wherever permitted, verify all documents, confirm the final reserve price and GST applicability, and independently read the complete official auction notice before placing any bid.

This article should not be treated as financial, legal or purchasing advice. The official SBI auction documents and authorised auction platform should be considered the final source of information.

Source: State Bank of India auction listing and SBI Terms and Conditions of Sale provided for the Volkswagen Polo auction.