Piaggio Vehicles Ape Xtra Ldx Auction Indore: 2024 Piaggio Vehicles Ape Xtra LDX Diesel Diesel – Reserve ₹1.7 Lakh (9 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-364660
Vehicle Description
Bank of India has put a three-wheeler up for sale through the Piaggio Vehicles Ape Xtra Ldx auction Indore, open to all registered bidders on BAANKNET. On offer is a 2024 Piaggio Vehicles Ape Xtra LDX Diesel Diesel with registration number MP09AF1508, showing about 8,730 km on the odometer. The online auction runs on 9 October 2026 (11:00 AM to 5:00 PM) with a reserve price of ₹1,70,000.
The vehicle is being sold under Others 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
Piaggio Vehicles Ape Xtra Ldx Auction Indore: Key Highlights
- Reserve price: ₹1,70,000 (₹1.7 Lakh)
- EMD: ₹17,000
- 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: Symbolic
Piaggio Vehicles Ape Xtra Ldx Auction Indore – Complete Details
| Auction ID | 364660 |
| Asset ID | BKID000000294 |
| Bank | Bank of India |
| Branch | Palasia Housing & Personal Bnk. |
| Make / Model | Piaggio Vehicles Ape Xtra LDX Diesel |
| Vehicle type | Three-Wheeler / Cargo |
| Fuel | Diesel |
| Registration No. | MP09AF1508 |
| Registration year | 2024 |
| Odometer | 8,730 km |
| Yard / location | Star Square |
| City / District | Indore |
| State | Madhya Pradesh |
| PIN code | 452010 |
| Type of possession | Symbolic |
| Type of action | Others |
| Reserve price | ₹1,70,000 |
| EMD | ₹17,000 |
| 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 Palasia Housing & Personal Bnk., which is usually the best contact for site visits and local queries.
Is the Piaggio Vehicles Ape Xtra Ldx Auction Indore Worth It?
The EMD of ₹17,000 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. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.
Important Dates for the Piaggio Vehicles Ape Xtra Ldx 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 364660 and download the sale notice and terms.
- Inspect the vehicle during the inspection window by calling the branch contact on 9893836375.
- Pay the EMD of ₹17,000 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.
Piaggio Vehicles Ape Xtra Ldx Auction Indore: FAQs
What is the reserve price in the Piaggio Vehicles Ape Xtra Ldx auction Indore?
The reserve price is ₹1,70,000. Bids below the reserve price are not accepted.
When is the Piaggio Vehicles Ape Xtra Ldx 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 ₹17,000. 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 364660 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 three-wheeler auctions
- Bank auctions in Madhya Pradesh
- Guide: bidding strategy above reserve price
Source: Auction ID 364660 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 | Other Vehicles |
|---|---|
| Year of Manufacture | 2024 |
| Fuel Type | Diesel |
| Condition | Running |
| Kilometres Driven | 8730 |
| 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.