Car Bank Auction Physical Possession

2023 MG Hector Savvy Pro for Auction in Latur

Latur, Maharashtra · Auction ID #7764

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Reserve Price ₹12,00,000
EMD (Earnest Money)₹1,20,000
Bid Increment—
Auction Date 01 Oct 2026, 10:00 AM Today
EMD Last Date 01 Oct 2026, 05:00 PM Today

Property Details

Property type
Car (Vehicles)
Locality
—
City
Latur
Pincode
413512

Description (as per sale notice)

2023 MG Hector Savvy Pro (Petrol)
Type: Car · Body: SUV · Colour: White
Odometer: 69631 km
Registration: MH******08 (partly masked by the bank)
Parked at: Indian Bank, Zonal Office Nagpur, Indian Bank, Zonal Office Nagpur, Palm Road, Civil Lines Nagpur
Loan type: AUTO (Car and other Vehicle Loans)
BAANKNET Asset ID: IDIB0HECTOR

Bank & Auction Details

Bank / Lender
Indian Bank
Branch
—
Auction type
Bank Auction
Borrower
—
Auction start
01 Oct 2026, 10:00 AM
Auction end
01 Oct 2026, 05:00 PM
EMD submission deadline
01 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
Mr Dilip Bolchetwar
Officer contact
9765657164

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Register on the e-auction portal (BAANKNET (Asset ID IDIB0HECTOR)), complete KYC and get a digital signature certificate if required.
  3. Pay the EMD of ₹1,20,000 before 01 Oct 2026, 05:00 PM. It is refunded if you don't win.
  4. Bid online on 1 Oct 2026 starting above the reserve price.
  5. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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