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Recovery Department, Mumbai South Zone Add: Bank of India Building, first Floor, 7080, Mahatma Gandhi Road, Fort, Mumbai 400 001 Tel No. 02222673549,22673529,22671066,22650697.AUCTION FOR SALE OF
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Visit the e-auction portal website.
02
Create an account by providing your personal information.
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Verify your account through the email confirmation link.
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Login to your account using the credentials you created.
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Explore the available auctions and select the one you are interested in.
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Read the auction details carefully and understand the terms and conditions.
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Prepare the necessary documents or information required to participate in the auction.
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Place your bid by following the instructions provided.
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Monitor the auction progress and adjust your bid if necessary.
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If you win the auction, complete the payment process as specified.
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Arrange for the delivery or collection of the auctioned item.
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Provide feedback or ratings regarding your experience with the e-auction portal.

Who needs e - auction portal?

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Individuals or businesses looking to buy or sell various items through an online auction process.
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E-auction portal is an online platform where auctions are conducted electronically, allowing participants to bid and purchase items or services.
Individuals or businesses who want to participate in online auctions or conduct auctions through the e-auction portal are required to file.
To fill out the e-auction portal, individuals or businesses need to create an account, provide necessary information about the items or services they are auctioning, and set up bidding parameters.
The purpose of the e-auction portal is to provide a convenient and efficient platform for conducting auctions online, allowing for increased participation and transparency in the auction process.
Information such as item description, starting bid price, auction end date and time, and any terms and conditions for the auction must be reported on the e-auction portal.
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