Frequently Asked Questions
successful Bidder will have to pay SAMIL Service charges @ 1% to 5% or Rs. 2000 whichever is more on final bid amount plus applicable GST @ 18% on service charges. The service charges may vary as per the bidding location. The service charge is not negotiable and must be payable on all acquisitions
The successful Bidder will have to pay SAMIL Service charges @ 1% to 5% or Rs. 2000 whichever is more on final bid amount plus applicable GST @ 18% on service charges. The service charges may vary as per the bidding location. The service charge is not negotiable and must be payable on all acquisitions.
The successful Bidder will have to pay SAMIL Service charges @ 1% to 5% or Rs. 2000 whichever is more on final bid amount plus applicable GST @ 18% on service charges. The service charges may vary as per the bidding location. The service charge is not negotiable and must be payable on all.
We are happy you found something of your use in our inventory. The first step towards purchasing is to get registered for bidding. You can bid at the physical bidding site ,or through online. After this you can participate in our physical and online bidding events.
We are happy you found something of your use in our inventory. The first step towards purchasing is to get registered for bidding. You can bid at the physical bidding site ,or through online. After this you can participate in our physical and online bidding events
We are happy you found something of your use in our inventory. The first step towards purchasing is to get registered for bidding. You can bid at the physical bidding site ,or through online. After this you can participate in our physical and online bidding events.
Successful bidder has to pay a minimum of 10% of the Bid Amount per vehicle / equipment on the same day to Seller/Owner. Otherwise the bid taken will not be considered and RSA amount will be forfeited without further intimation.*
The balance should be paid by the Successful bidder within next 7 (seven) days from the date of declaration as successful bidder by the Seller/ Owner*
A delayed interest @ 18% will be charged against any amount due and payable by the Successful bidder beyond 7 (seven) days from the date of the event, subject to a maximum waiting period of 15 (fifteen) days from the date of declaration as successful bidder by the Seller/ Owner.
Default beyond the stipulated 15 days, will lead to deal cancellation and forfeiture of RSA paid and the vehicle/equipment/machinery will be re-sold without further information. Acceptance of payment on later date will be solely discretion of seller/owner.
Any cash received more than 19,999/- towards RSA will be refunded to unsuccessful bidder in the form of cheque or DD or NEFT transfer within 3 working days at any given branch location subject to submission of Bank particulars by the customer.
For NEFT transfer the details required are: IFSC code Account No., Bank Name, Bank Branch Name, Bank Branch Code, Beneficiary Name (Customer Name -MUST be same as per ID proof given) And the ID / address proof (given for registration ) and bidder's name in bank should be same.
RSA will be refunded to successful bidder only after realization of the entire sale proceeds by the Seller and the confirmation of the same by the seller and after adjusting, the applicable service charges, if any.
We are happy you found something of your use in our inventory. The first step towards purchasing is to get registered for bidding. You can bid at the physical bidding site ,or through online. After this you can participate in our physical and online bidding events.