A 2018 Mahindra Marazzo is coming up for online bank auction by the State Bank of India (SBI) in New Delhi, Delhi, in October 2026.
The auction listing identifies this vehicle as a Mahindra Marazzo M6 Plus. It is a diesel, manual transmission MPV, with a registration year of 2018 and an odometer reading of approximately 2,10,429 km.
Important: The official SBI auction document specifies a reserve price of ₹2,00,000 + applicable GST. The online auction listing displays the reserve price as ₹2 lakh.
Mahindra Marazzo Auction Details
| Vehicle | Mahindra Marazzo M6 Plus |
|---|---|
| Model | 2018 |
| Registration Year | 2018 |
| Registration Date | 17 October 2018 |
| Fuel Type | Diesel |
| Transmission | Manual |
| Vehicle Type | MPV |
| Odometer | 2,10,429 km |
| Registration Number | DL12CN9962 |
| Asset ID | SBIN38019056622 |
| Bank | State Bank of India |
| Location | New Delhi, Delhi |
| Reserve Price | ₹2,00,000 + applicable GST |
| EMD | ₹20,000 |
| Bid Increment | ₹10,000 |
| Auction Date | 5 October 2026 |
| Auction Time | 10:00 AM to 5:00 PM |
| Last Date for EMD | 4 October 2026, 4:00 PM |
| Inspection | 4 October 2026, up to 4:00 PM |
| Auction Platform | baanknet.com |
About the Mahindra Marazzo Auction
The State Bank of India is offering this Mahindra Marazzo through an online e-auction. The SBI sale document identifies the vehicle as MAHINDRA MARAZZO 7 STR M8.
The official document mentions registration number DL12CN9962 and registration date 17 October 2018.
The vehicle is described in the auction document as having a Mariner Maroon colour. The document also provides the vehicle’s engine and chassis identification details for identification purposes.
Reserve Price and EMD
According to the SBI sale terms, the reserve price of the movable secured asset is:
Reserve Price
₹2,00,000
+ applicable GST
The required Earnest Money Deposit (EMD) is ₹20,000, which is 10% of the reserve price.
The last date and time for remitting the EMD is 4 October 2026 at 4:00 PM.
Online Auction Date and Time
Auction Date: 5 October 2026
Auction Time: 10:00 AM to 5:00 PM
Auction Portal: baanknet.com
Bid Increment: ₹10,000
Currency: INR
Vehicle Inspection
As mentioned in the SBI auction document, inspection of the vehicle can be carried out on 4 October 2026 up to 4:00 PM.
The document lists Mr. Praveen Nagar as an authorised officer/contact person for inspection and also mentions Mrs. Ruchi Singh as an officer contact.
Prospective bidders should inspect the vehicle and satisfy themselves regarding its condition and specifications before participating in the auction.
Payment Terms
According to the SBI auction terms, the successful bidder shall deposit 25% of the sale price after adjusting the EMD already paid immediately, on the same day or not later than the next working day, depending on the terms specified by the Authorised Officer.
The remaining 75% of the sale price is payable on or before the 15th day of confirmation of sale, or within an extended period that may be agreed in writing, subject to the conditions specified in the auction document.
Important Auction Conditions
The SBI document states that the property will be sold on an “as is where is, as is what is and whatever there is” basis.
Bidders should therefore satisfy themselves about the vehicle and its specifications before participating in the e-auction.
- Inspect the vehicle before placing a bid.
- Verify the registration and vehicle documents.
- Check the engine and transmission condition.
- Verify the odometer reading.
- Check the physical condition of the vehicle.
- Verify applicable GST and other charges.
- Read the complete SBI auction terms and conditions.
- Complete the required bidder registration and KYC process.
- Ensure the EMD is deposited within the prescribed time.
- Verify the latest auction information on the official auction portal.
Mahindra Marazzo Auction – Asset ID
Asset ID
SBIN38019056622
Vehicle Identification
| Registration No. | DL12CN9962 |
|---|---|
| Model | Mahindra Marazzo 7 STR M8 |
| Fuel | Diesel |
| Transmission | Manual |
| Colour | Mariner Maroon |
| Registration Date | 17 October 2018 |
Mahindra Marazzo Auction – October 2026
The key dates for this SBI vehicle auction are:
- 4 October 2026: Last date for EMD – 4:00 PM
- 4 October 2026: Vehicle inspection – up to 4:00 PM
- 5 October 2026: Online auction
- 5 October 2026: Auction timing – 10:00 AM to 5:00 PM
Summary
The SBI auction listing features a 2018 Mahindra Marazzo M6 Plus in New Delhi. The vehicle is listed as a diesel manual MPV with an odometer reading of approximately 2,10,429 km.
The official SBI document specifies a reserve price of ₹2,00,000 plus applicable GST and an EMD of ₹20,000.
The online auction is scheduled for 5 October 2026 from 10:00 AM to 5:00 PM, with a bid increment of ₹10,000.
Interested bidders should inspect the vehicle and carefully read the complete auction terms before participating.
Disclaimer
CanteenRates.in is an information portal and is not a broker, agent or representative of State Bank of India or the auction service provider.
The information published in this article is compiled from the available SBI auction document and auction listing for informational purposes only.
Auction details such as reserve price, EMD, auction date, vehicle condition, applicable GST, taxes, charges and other terms may be subject to change. Readers should verify all details from the latest official auction documents and the official auction portal before participating.
The vehicle is offered subject to the terms and conditions specified by the secured creditor. Prospective bidders should conduct their own due diligence and inspect the vehicle before placing a bid.
CanteenRates.in does not guarantee the accuracy, completeness or availability of the auction or vehicle and shall not be responsible for any loss, expense or liability arising from participation in the auction.
Visit www.canteenrates.in for more bank auction updates.

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