Maruti Suzuki Baleno Auction Indore: 2023 Maruti Suzuki Baleno Delta Petrol – Reserve ₹5.1 Lakh (9 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-364657
Vehicle Description
Bank of India has put a car up for sale through the Maruti Suzuki Baleno auction Indore, open to all registered bidders on BAANKNET. On offer is a 2023 Maruti Suzuki Baleno Delta Petrol with registration number MP09ZW3698, showing about 12,000 km on the odometer. The online auction runs on 9 October 2026 (11:00 AM to 5:00 PM) with a reserve price of ₹5,10,000.
The vehicle is being sold under Hypothecation on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.
Table of Contents
Table of Contents
Maruti Suzuki Baleno Auction Indore: Key Highlights
- Reserve price: ₹5,10,000 (₹5.1 Lakh)
- EMD: ₹51,000
- Bid increment: ₹2,500
- Auction: 9 October 2026, 11:00 AM to 5:00 PM
- Last date for EMD: 9 October 2026, 4:59 PM
- Location: Indore, Madhya Pradesh
- Possession: Physical
Maruti Suzuki Baleno Auction Indore – Complete Details
| Auction ID | 364657 |
| Asset ID | BKID000000296 |
| Bank | Bank of India |
| Branch | Siyaganj |
| Make / Model | Maruti Suzuki Baleno Delta |
| Vehicle type | Car / Hatchback |
| Fuel | Petrol |
| Registration No. | MP09ZW3698 |
| Registration year | 2023 |
| Odometer | 12,000 km |
| Engine capacity | 1100 cc |
| Yard / location | Bank Of India Zonal Office Parking |
| City / District | Indore |
| State | Madhya Pradesh |
| PIN code | 452010 |
| Type of possession | Physical |
| Type of action | Under Hypothecation |
| Reserve price | ₹5,10,000 |
| EMD | ₹51,000 |
| Bid increment | ₹2,500 |
| Auto-extension | 10 minutes per late bid |
About the Location – Indore
This listing falls in Indore, Madhya Pradesh, postal code 452010. Madhya Pradesh offers affordable real estate in Indore, Bhopal, Jabalpur and Gwalior, with Indore in particular known for clean, well-planned growth. The handling branch is Siyaganj, which is usually the best contact for site visits and local queries.
Is the Maruti Suzuki Baleno Auction Indore Worth It?
The EMD of ₹51,000 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Maruti Suzuki Baleno Auction Indore
- Inspection window: 5 October 2026, 1:00 PM to 5 October 2026, 5:00 PM
- EMD submission opens: 25 September 2026
- Last date for EMD: 9 October 2026, 4:59 PM
- E-auction: 9 October 2026, 11:00 AM to 5:00 PM
- Auto-extension: 10 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 364657 and download the sale notice and terms.
- Inspect the vehicle during the inspection window by calling the branch contact on 7703886193.
- Pay the EMD of ₹51,000 through the BAANKNET wallet before 9 October 2026, 4:59 PM.
- Log in on 9 October 2026 and bid above the reserve in steps of ₹2,500; each late bid extends the auction by 10 minutes.
The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.
Due Diligence Checklist Before Bidding
- Match the registration, engine and chassis numbers with the RC.
- Check pending challans, road tax, insurance and fitness/permit validity.
- Inspect the body, tyres and engine at the yard, ideally with a mechanic.
- Confirm RC transfer support and NOC from the bank after the sale.
- Read our bank auction risks and how to avoid them before you bid.
Maruti Suzuki Baleno Auction Indore: FAQs
What is the reserve price in the Maruti Suzuki Baleno auction Indore?
The reserve price is ₹5,10,000. Bids below the reserve price are not accepted.
When is the Maruti Suzuki Baleno auction Indore scheduled?
The e-auction is on 9 October 2026 from 11:00 AM to 5:00 PM. The last date for EMD is 9 October 2026, 4:59 PM.
How much EMD is required?
The earnest money deposit is ₹51,000. It is refunded to unsuccessful bidders.
Where is the vehicle located?
It is in Indore, Madhya Pradesh – 452010.
Where can I see the official sale notice?
Search Auction ID 364657 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BOI and Madhya Pradesh Auctions
- All Bank of India auction listings
- More car auctions
- Bank auctions in Madhya Pradesh
- Guide: bidding strategy above reserve price
Source: Auction ID 364657 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of India 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 Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Vehicle Details
| Type | Cars |
|---|---|
| Year of Manufacture | 2023 |
| Fuel Type | Petrol |
| Condition | Running |
| Kilometres Driven | 12000 |
| Registration State | Madhya Pradesh |
| Location | Indore, Madhya Pradesh |
Location Map
Auction Timeline
- 25 Sep 2026Auction Notice Published
- 5 Oct 2026Inspection Starts
- 5 Oct 2026Inspection Ends
- 9 Oct 2026Last Date for EMD Submission
- 9 Oct 2026, 11:00 AM to 5:00 PMe-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.