Tata Ace Gold Auction Poothakkulam: 2023 Tata Ace Gold 2100/Petrol CX Petrol – Reserve ₹2 Lakh (9 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-359038
Vehicle Description
Looking for a commercial vehicle below market price in Poothakkulam? The Tata Ace Gold auction Poothakkulam by Bank of India is scheduled for 9 Oct 2026. On offer is a 2023 Tata Ace Gold 2100/Petrol CX Petrol with registration number KL01CY2440, showing about 3,714 km on the odometer. The online auction runs on 9 October 2026 (11:00 AM to 5:00 PM) with a reserve price of ₹2,00,000.
The vehicle is being sold under SARFAESI 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
Tata Ace Gold Auction Poothakkulam: Key Highlights
- Reserve price: ₹2,00,000 (₹2 Lakh)
- EMD: ₹20,000
- Bid increment: ₹1,000
- Auction: 9 October 2026, 11:00 AM to 5:00 PM
- Last date for EMD: 9 October 2026, 5:00 PM
- Location: Poothakkulam, Kollam, Kerala
- Possession: Physical
Tata Ace Gold Auction Poothakkulam – Complete Details
| Auction ID | 359038 |
| Asset ID | BKID8526REGHUNATHAN |
| Bank | Bank of India |
| Branch | Neeramankara |
| Make / Model | Tata Ace Gold 2100/Petrol CX |
| Vehicle type | Commercial / Mini Truck |
| Fuel | Petrol |
| Registration No. | KL01CY2440 |
| Registration year | 2023 |
| Odometer | 3,714 km |
| Engine capacity | 694 cc |
| Yard / location | K J Square |
| City / District | Poothakkulam, Kollam |
| State | Kerala |
| PIN code | 691578 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹2,00,000 |
| EMD | ₹20,000 |
| Bid increment | ₹1,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Poothakkulam
Poothakkulam is in Kollam district of Kerala, under PIN code 691578. Kerala’s property market is driven by NRI demand, tourism and the Kochi–Thiruvananthapuram growth belt, and land parcels with road access are always in short supply. The handling branch is Neeramankara, which is usually the best contact for site visits and local queries.
Is the Tata Ace Gold Auction Poothakkulam Worth It?
The bank’s own valuation shows ₹2,10,000, so the reserve of ₹2,00,000 is about 5% lower. The EMD of ₹20,000 is 10% of the reserve price and is refunded to unsuccessful bidders. Because the reserve price is fixed from a registered valuer’s report, it is often below the market rate – but factor in transfer costs and any dues before deciding your maximum bid. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Tata Ace Gold Auction Poothakkulam
- EMD submission opens: 10 September 2026
- Last date for EMD: 9 October 2026, 5:00 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 359038 and download the sale notice and terms.
- Inspect the vehicle during the inspection window by calling the branch contact on 9400904529.
- Pay the EMD of ₹20,000 through the BAANKNET wallet before 9 October 2026, 5:00 PM.
- Log in on 9 October 2026 and bid above the reserve in steps of ₹1,000; 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.
Tata Ace Gold Auction Poothakkulam: FAQs
What is the reserve price in the Tata Ace Gold auction Poothakkulam?
The reserve price is ₹2,00,000. Bids below the reserve price are not accepted.
When is the Tata Ace Gold auction Poothakkulam 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, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹20,000. It is refunded to unsuccessful bidders.
Where is the vehicle located?
It is in Poothakkulam, Kollam, Kerala – 691578.
Where can I see the official sale notice?
Search Auction ID 359038 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BOI and Kerala Auctions
- All Bank of India auction listings
- More commercial vehicle auctions
- Bank auctions in Kerala
- Guide: bidding strategy above reserve price
Source: Auction ID 359038 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 | Commercial Vehicles |
|---|---|
| Year of Manufacture | 2023 |
| Fuel Type | Petrol |
| Condition | Running |
| Kilometres Driven | 3714 |
| Registration State | Kerala |
| Location | Kollam, Kerala |
Location Map
Auction Timeline
- 10 Sep 2026Auction Notice Published
- 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.