Eicher Truck Auction: 2 Eicher Pro 6035 Trucks (2023) – Reserve from ₹11 Lakh (13 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-23
Vehicle Description
The Eicher truck auction announced by Federal Bank is one of the notable commercial vehicle opportunities on the bank’s current sale-notice list. Two identical 2023 Eicher Pro 6035 BS VI trucks with Ernakulam (KL-07) registration are being sold through sealed tender as separate lots. The sale by sealed tender is scheduled for 13 October 2026 (11:00 AM), with a reserve price of from ₹11,00,000.
The vehicle is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – specifications, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Eicher Truck Auction: Key Highlights
- Reserve price: Lot 1 – ₹11,00,000; Lot 2 – ₹11,00,000
- EMD: Lot 1 – ₹1,10,000; Lot 2 – ₹1,10,000
- Auction date: 13 October 2026, 11:00 AM
- Location: Aroor, Alappuzha, Kerala
Eicher Truck Auction – Complete Details
Lot 1: Eicher Pro 6035 N CBC BS VI (KL-07-DC-3203)
| Description | Eicher Pro 6035 cab with chassis, 2023 model, diesel |
| Make / Model | Eicher Pro 6035 N CBC BS VI |
| Year | 2023 |
| Fuel | Diesel |
| Registration No. | KL-07-DC-3203 |
| Reserve price | ₹11,00,000 |
| EMD (10%) | ₹1,10,000 |
Lot 2: Eicher Pro 6035 N CBC BS VI (KL-07-DC-2725)
| Description | Eicher Pro 6035 cab with chassis, 2023 model, diesel |
| Make / Model | Eicher Pro 6035 N CBC BS VI |
| Year | 2023 |
| Fuel | Diesel |
| Registration No. | KL-07-DC-2725 |
| Reserve price | ₹11,00,000 |
| EMD (10%) | ₹1,10,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Aroor |
| Mode of sale | Sealed tender cum auction |
| Type of possession | Physical possession |
| Outstanding dues | ₹1,42,99,340 as on 17 September 2026 |
| Notice date | 17 September 2026 |
About the Location – Aroor, Alappuzha
The trucks are linked to the Federal Bank Aroor branch, at the southern entry to Kochi on NH 66 in Alappuzha district, and the sale is handled by the LCRD Mavelikara Division at Kayamkulam. With KL-07 registration, a Kerala buyer can transfer ownership without an NOC. The Pro 6035 is a popular 35-tonne haulage model for cement, sand and container movement between Kochi port and central Kerala.
Is the Eicher Truck Auction Worth It?
At ₹11 lakh per truck, the reserve is a fraction of the new price of a Pro 6035, and buying both lots can quickly expand a small fleet. The bank’s outstanding dues (₹1.43 Cr) are about 6.5 times the reserve price, so the bank is clearly motivated to close this sale. Since the reserve price is fixed by a registered valuer and often sits below market rates, early research gives you a real edge in this auction.
Important Dates for the Eicher Truck Auction
- Sale notice date: 17 September 2026
- Inspection: 2:00 PM to 4:00 PM on 12-10-2026
- Tender opening / auction: 13 October 2026, 11:00 AM
How to Bid in This Federal Bank Auction
- Download the sale notice and tender form from the Federal Bank tender notices page.
- Inspect the vehicle during the permitted inspection window after informing the Authorised Officer.
- Remit the EMD by DD/RTGS/NEFT as specified in the notice before the last date.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Federal Bank LCRD Mavelikara Division, Parayil Complex, Bldg No. 35/716, First Floor, Railway Junction, Kayamkulam, Kerala 690502.
- Attend the tender opening; qualified bidders may be allowed to improve their offers in an inter-se bidding round.
The successful bidder must pay EMD with tender; 25% on acceptance; balance 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Verify RC details, chassis and engine numbers against the notice.
- Check pending challans, road tax and insurance status.
- Inspect body, tyres and engine condition personally or with a mechanic.
- Confirm NOC and RC transfer support from the bank after sale.
- Read our bank auction risks and how to avoid them before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer (SARFAESI Act) |
| Office | Federal Bank LCRD Mavelikara Division, Parayil Complex, Bldg No. 35/716, First Floor, Railway Junction, Kayamkulam, Kerala 690502 |
| Phone | 0479-2440040, +91-9995013127 |
| mvklcrd@federalbank.co.in |
Eicher Truck Auction: FAQs
What is the reserve price in the Eicher truck auction?
Lot-wise reserve prices are: Lot 1 – ₹11,00,000, Lot 2 – ₹11,00,000.
When is the Eicher truck auction scheduled?
The auction is on 13 October 2026 from 11:00 AM. EMD and bids must reach the bank by the date given in the notice.
How much EMD is required?
The earnest money deposit is ₹1,10,000 for Lot 1 (see the table above for other lots), usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this vehicle?
Loans for auctioned vehicles are limited; most buyers use their own funds. Check with your bank before bidding.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More commercial vehicle auctions
- Bank auctions in Kerala
- Guide: bidding strategy above reserve price
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Vehicle Details
| Type | Commercial Vehicles |
|---|---|
| Year of Manufacture | 2023 |
| Fuel Type | Diesel |
| Condition | Running |
| Registration State | Kerala |
| Location | Kerala |
Location Map
Auction Timeline
- 17 Sep 2026Auction Notice Published
- 12 Oct 2026Inspection Ends
- 13 Oct 2026, 11:00 AMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.