Tata Tiago XZ+ MT | Bank of India Auction | Reserve Price ₹3 Lakh
2023 Tata Tiago Bank Auction in Patna: A Tata Tiago XZ+ MT is coming up for Bank of India e-auction in Patna, Bihar. According to the auction listing, this is a petrol hatchback with manual transmission and an odometer reading of approximately 35,000 kilometres.
🚗 Vehicle Details
| Particular | Details |
|---|---|
| Vehicle | Tata Tiago XZ+ MT |
| Registration Year | 2023 |
| Vehicle Category | Car / Hatchback |
| Fuel Type | Petrol |
| Transmission | Manual |
| Odometer | 35,000 km |
| Registration Number | BR******65 |
| Insurance Policy | Yes |
| Bank | Bank of India |
| Location | Patna, Maner, Bihar |
| Asset ID | BKID441960510000353 |
🔨 Auction Details
| Auction Date | 27 October 2026 |
| Auction Time | 11:00 AM to 5:00 PM |
| Auto Extensions | Three auto-extensions of 10 minutes each |
| EMD / Document Deadline | 26 October 2026 up to 4:00 PM |
| Reserve Price | ₹3,00,000 |
| EMD | ₹30,000 |
| Bid Increment | ₹10,000 |
| Auction Platform | BAANKNET.com |
🔍 Vehicle Inspection
The auction listing provides the following inspection period:
- Inspection Start: 23 September 2026 at 10:00 AM
- Inspection End: 26 October 2026 at 4:00 PM
- Location: Patna / Maner, Bihar
Prospective bidders should inspect the vehicle personally and verify its physical condition, documents, registration and other relevant details before placing a bid.
💰 EMD and Payment Requirements
The auction terms state that the EMD is 10% of the reserve price. With a reserve price of ₹3,00,000, the applicable EMD is ₹30,000.
The EMD and required KYC documents must be submitted by the specified deadline through the auction procedure.
For the successful bidder, the auction terms require 25% of the bid amount, less the EMD already deposited, to be paid immediately or not later than the next working day after acceptance of the bid. The balance 75% is payable within the prescribed period mentioned in the official auction terms.
🖥️ How to Participate
- Visit the official BAANKNET.com portal.
- Register as a bidder and obtain the required login credentials.
- Search for the vehicle using Asset ID BKID441960510000353.
- Read the official auction notice and terms and conditions carefully.
- Complete the required KYC and EMD process before the deadline.
- Inspect the Tata Tiago and carry out your own due diligence.
- Participate in the online auction on 27 October 2026 from 11:00 AM to 5:00 PM.
⚠️ Important Auction Conditions
- The vehicle is sold on an “As is where is”, “As is what is” and “Whatever there is” basis.
- Bidders should conduct their own enquiries and due diligence before submitting a bid.
- The vehicle will not be sold below the reserve price.
- The EMD is 10% of the reserve price as specified in the auction terms.
- The Authorized Officer reserves the right to accept or reject any or all bids.
- The sale is subject to confirmation by the bank.
- Applicable taxes, TDS, stamp duty, registration charges and other applicable government charges are to be borne by the successful bidder as per the auction terms.
📌 Quick Auction Summary
| Details | Information |
|---|---|
| Vehicle | 2023 Tata Tiago XZ+ MT |
| Fuel | Petrol |
| Transmission | Manual |
| Odometer | 35,000 km |
| Bank | Bank of India |
| Location | Patna, Maner, Bihar |
| Reserve Price | ₹3.00 Lakh |
| EMD | ₹30,000 |
| Bid Increment | ₹10,000 |
| Auction Date | 27 October 2026 |
| Auction Time | 11:00 AM – 5:00 PM |
| Asset ID | BKID441960510000353 |
| Auction Portal | BAANKNET.com |
🔨 Interested in this Tata Tiago Auction?
Check the official auction notice and latest information before participating.Visit BAANKNET.com
Disclaimer: CanteenRates.in is an information portal providing information about upcoming bank auctions for informational purposes only. We are not a broker, agent, bank or auction authority and do not participate in the auction process. Auction dates, reserve prices, vehicle details, inspection information and other terms may change. Interested bidders should verify all details directly with the concerned bank and the official BAANKNET.com portal before participating. Buyers should inspect the vehicle, verify documents and conduct their own due diligence before placing any bid.
