2023 Hyundai Venue 1.2 Petrol MT
Canara Bank Auction in Bhagalpur
Hyundai Venue Canara Bank Auction in Bhagalpur: A 2023 Hyundai Venue 1.2 Petrol MT is coming up for an online auction conducted by Canara Bank in Bhagalpur, Bihar.
According to the auction listing, the vehicle has an odometer reading of 18,484 km. The detailed Canara Bank sale notice specifies a reserve price of ₹5,05,000 and an Earnest Money Deposit (EMD) of ₹50,500.
Important: The online listing displays the reserve price as ₹5.00 lakh, whereas the Canara Bank sale notice specifies ₹5,05,000. Bidders should refer to the latest official auction notice and confirm the details before participating.
📋 Vehicle Details
| Make | Hyundai |
| Model | Venue 1.2 Petrol MT |
| Registration Year | 2023 |
| Fuel | Petrol |
| Transmission | Manual |
| Odometer | 18,484 km |
| Category | Car / Compact SUV |
| Bank | Canara Bank |
| Location | Bhagalpur, Bihar |
ASSET ID
CNRBSYED
🔨 Auction Schedule
AUCTION DATE
22 October 2026
AUCTION TIME
12:30 PM – 1:30 PM
EMD DEADLINE
21 October 2026
Up to 4:00 PM
AUCTION MODE
Online E-Auction
RESERVE PRICE
₹5.05 Lakh
As specified in the Canara Bank sale notice
EARNEST MONEY DEPOSIT
₹50,500
10% of the reserve price
🔍 Vehicle Inspection
The Canara Bank sale notice states that the vehicle can be inspected with prior appointment with the Authorised Officer from:
21 September 2026 to 17 October 2026
During working days
Interested bidders should arrange the inspection in advance and verify the vehicle’s physical condition, documents and other relevant details before submitting a bid.
📈 Important Bidding Terms
- The auction will commence at the reserve price.
- Bidders must improve their offers in multiples of ₹10,000.
- The auction has provision for unlimited 5-minute extensions whenever applicable under the auction rules.
- The highest bidder above the reserve price at the closure of the online auction may be declared the successful bidder, subject to confirmation by the secured creditor.
- The successful bidder has to deposit 25% of the sale price, inclusive of the EMD already paid, immediately after being declared successful.
- The balance 75% is to be paid within 15 days from the date of confirmation of the sale by the secured creditor, as specified in the notice.
🌐 Auction Platform – BAANKNET
The Canara Bank notice specifies that the auction will be conducted through PSB Alliance (BAANKNET).Visit BAANKNET.com
⚠️ Important Auction Conditions
The Canara Bank notice states that the asset will be sold on an “As is where is”, “As is what is” and “Whatever there is” basis.
- Bidders should conduct their own due diligence before participating.
- Physical inspection of the vehicle is strongly recommended.
- Applicable conveyance charges, stamp duty, GST, registration charges, taxes and other applicable charges are to be borne by the successful bidder.
- The authorised officer reserves the right to postpone, cancel or vary the terms and conditions of the e-auction.
- The sale is subject to confirmation by the secured creditor.
💼 Bank Liability Mentioned in Notice
The Canara Bank sale notice dated 11 September 2026 states total liabilities of ₹8,29,150.68 as on 10 September 2026, along with further interest and costs/charges as applicable.
This liability figure is the bank’s stated dues and should not be interpreted as the auction reserve price or the amount a bidder needs to pay to purchase the vehicle.
⭐ Hyundai Venue Auction – Quick Summary
VEHICLE
Hyundai Venue
YEAR
2023
FUEL
Petrol
TRANSMISSION
Manual
ODOMETER
18,484 km
RESERVE PRICE
₹5.05 Lakh
EMD
₹50,500
AUCTION
22 Oct 2026
ASSET ID
CNRBSYED
⚠️ Disclaimer
CanteenRates.in is an information portal providing bank auction information for general awareness. We are not a broker, agent, bank, auctioneer or authorised representative of Canara Bank or any other financial institution.
The information published in this article has been compiled from the available auction listing and the Canara Bank sale notice. Auction dates, reserve prices, EMD, vehicle details, inspection schedules and other terms may be changed, postponed, cancelled or modified by the concerned bank.
Prospective bidders should read the complete official auction notice, register through the official auction platform, arrange physical inspection and independently verify the vehicle, documents, registration, condition, dues, encumbrances and all applicable terms before participating.
CanteenRates.in shall not be responsible for any loss, transaction, bid, claim or decision made based on the information published on this website.
