Tata Nexon Auction Rajnandgaon: 2024 Tata Nexon Creative+ Petrol – Reserve ₹6.5 Lakh (12 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-363202
Vehicle Description
Here is a fresh bank e-auction worth tracking: the Tata Nexon auction Rajnandgaon, offered by Indian Bank at a reserve of ₹6.5 Lakh. On offer is a 2024 Tata Nexon Creative+ Petrol with registration number CG04PY3289, showing about 11,364 km on the odometer. The online auction runs on 12 October 2026 (10:00 AM to 5:00 PM) with a reserve price of ₹6,50,000.
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
Tata Nexon Auction Rajnandgaon: Key Highlights
- Reserve price: ₹6,50,000 (₹6.5 Lakh)
- EMD: ₹65,000
- Bid increment: ₹10,000
- Auction: 12 October 2026, 10:00 AM to 5:00 PM
- Last date for EMD: 12 October 2026, 5:00 PM
- Location: Rajnandgaon, Chhattisgarh
- Possession: Physical
Tata Nexon Auction Rajnandgaon – Complete Details
| Auction ID | 363202 |
| Asset ID | IDIB7894437768 |
| Bank | Indian Bank |
| Branch | Rajnandgaon |
| Make / Model | Tata Nexon Creative+ |
| Vehicle type | Car / SUV |
| Fuel | Petrol |
| Registration No. | CG04PY3289 |
| Registration year | 2024 |
| Odometer | 11,364 km |
| Yard / location | Indian Bank Rajnandgaon Branch |
| City / District | Rajnandgaon |
| State | Chhattisgarh |
| PIN code | 491441 |
| Type of possession | Physical |
| Type of action | Under Hypothecation |
| Reserve price | ₹6,50,000 |
| EMD | ₹65,000 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Rajnandgaon
Rajnandgaon is in Rajnandgaon district of Chhattisgarh, under PIN code 491441. Chhattisgarh’s property demand is concentrated in Raipur, Bhilai-Durg and Bilaspur, supported by steel, power and mining industries. The handling branch is Rajnandgaon, which is usually the best contact for site visits and local queries.
Is the Tata Nexon Auction Rajnandgaon Worth It?
The EMD of ₹65,000 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 Nexon Auction Rajnandgaon
- Inspection window: 21 September 2026, 10:00 AM to 11 October 2026, 4:00 PM
- EMD submission opens: 19 September 2026
- Last date for EMD: 12 October 2026, 5:00 PM
- E-auction: 12 October 2026, 10:00 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 363202 and download the sale notice and terms.
- Inspect the vehicle during the inspection window by calling the branch contact on 8963915384.
- Pay the EMD of ₹65,000 through the BAANKNET wallet before 12 October 2026, 5:00 PM.
- Log in on 12 October 2026 and bid above the reserve in steps of ₹10,000; 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 Nexon Auction Rajnandgaon: FAQs
What is the reserve price in the Tata Nexon auction Rajnandgaon?
The reserve price is ₹6,50,000. Bids below the reserve price are not accepted.
When is the Tata Nexon auction Rajnandgaon scheduled?
The e-auction is on 12 October 2026 from 10:00 AM to 5:00 PM. The last date for EMD is 12 October 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹65,000. It is refunded to unsuccessful bidders.
Where is the vehicle located?
It is in Rajnandgaon, Chhattisgarh – 491441.
Where can I see the official sale notice?
Search Auction ID 363202 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Indian Bank and Chhattisgarh Auctions
- All Indian Bank auction listings
- More car auctions
- Bank auctions in Chhattisgarh
- Guide: bidding strategy above reserve price
Source: Auction ID 363202 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Indian 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 Indian Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Vehicle Details
| Type | Cars |
|---|---|
| Year of Manufacture | 2024 |
| Fuel Type | Petrol |
| Condition | Running |
| Kilometres Driven | 11364 |
| Registration State | Chhattisgarh |
| Location | Rajnandgaon, Chhattisgarh |
Location Map
Auction Timeline
- 19 Sep 2026Auction Notice Published
- 21 Sep 2026Inspection Starts
- 11 Oct 2026Inspection Ends
- 12 Oct 2026Last Date for EMD Submission
- 12 Oct 2026, 10:00 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.