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Tuesday, December 27, 2022

What are the General Terms & Conditions for Auction?

                                     



Ø  Pay 10% EMD of Reserve Price and Submit KYC. ( For meaning of EMD & Reserve Price go through Auctionvala.com’s FAQ Page)


Ø  Successful Bidder must be required to pay 25% of the Total amount Offered (including the amount of EMD) immediately i.e. on the same day or not after next working day Otherwise Bank/ NBFC/ ARC will forfeit the deposited amount.


Ø  Submit the Bid Form with EMD Payment Proof.


Ø  Active E-Mail ID and Mobile Number.

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