लुधियाना में मारुति सुजुकी ब्रेज़ा ZXi प्लस बैंक नीलामी – नवंबर 2026
Maruti Brezza Bank Auction in Ludhiana: Bank of India has listed a 2023 Maruti Suzuki Brezza ZXi Plus petrol compact SUV for auction in Ludhiana, Punjab. The vehicle has a listed reserve price of ₹6 lakh, and the auction is scheduled for 12 November 2026.
This article covers the auction schedule, vehicle specifications, reported condition, inspection arrangements, reserve price and important precautions for prospective bidders.
Bank of India Brezza Auction – Key Details
| Bank | Bank of India |
|---|---|
| Asset ID | BKIDLUDVL10 |
| Vehicle | Maruti Suzuki Brezza ZXi Plus |
| Manufacturing Year | 2023 |
| Fuel Type | Petrol |
| Transmission | Manual |
| Body Type | Compact SUV |
| Location | Ludhiana, Punjab |
| Reserve Price | ₹6,00,000 (₹6 lakh) |
| Auction Date | 12 November 2026 |
| Loan Offer | Not available, according to the listing |
| Auction Plaftform | https://baanknet.com/ |
1. Auction Schedule – November 2026
Interested buyers should note the inspection period, EMD submission deadline and auction timings before completing bidder registration.
| Particulars | Date | Time |
|---|---|---|
| Inspection Starts | 23 October 2026 | 11:00 AM |
| Inspection Ends | 11 November 2026 | 4:00 PM |
| EMD Submission Deadline | 12 November 2026 | 4:00 PM |
| Auction Starts | 12 November 2026 | 10:00 AM |
| Auction Ends | 12 November 2026 | 5:02 PM |
Important: The listed EMD deadline is 4:00 PM, while the auction begins at 10:00 AM on the same day. Prospective bidders must confirm the actual deposit deadline and eligibility conditions in the official auction notice. Do not assume that an EMD payment made after bidding begins will qualify you to participate.
The stated auction closing time is 5:02 PM. Check the official auction platform for any extensions, revised timings or other bidding conditions.
2. Reserve Price and Indicative Price
| Reserve Price | ₹6,00,000 |
|---|---|
| Indicative Price | ₹6,00,000 |
| Loan Availability | No loan offer indicated |
The reserve price is the minimum price specified for the auction, subject to the official auction terms. It does not guarantee that the vehicle will be sold at that amount. Competition among bidders may increase the final price.
The supplied listing shows the reserve price and indicative price as ₹6 lakh. Buyers should confirm these figures and all applicable charges before bidding.
The listing states that a loan offer is not available for this vehicle. Prospective bidders should arrange their funding independently rather than assume that auction financing will be provided.
In addition to the successful bid amount, budget for potential repairs, insurance, applicable taxes, ownership-transfer charges and other expenses specified in the auction conditions.
3. Maruti Suzuki Brezza ZXi Plus – Vehicle Specifications
| Specification | Details |
|---|---|
| Manufacturer | Maruti Suzuki |
| Model | Brezza |
| Variant | ZXi Plus |
| Body Type | Compact SUV |
| Colour | Silver |
| Manufacturing Date | September 2023 |
| Registration Year | 2023 |
| Fuel Type | Petrol |
| Transmission | Manual |
| Engine Capacity | 1462 cc |
| Odometer Reading | 40,237 km |
| Fuel Tank Capacity | 48 litres, according to the listing |
| Vehicle Category | Car – Compact SUV |
| Type of Action | Under SARFAESI |
The manufacturing and registration years are both listed as 2023. Verify the original Registration Certificate, vehicle identification details and registration validity before bidding.
4. Reported Vehicle Condition and Features
The auction listing describes the vehicle as a 2023 Maruti Suzuki Brezza ZXi Plus in good body condition. However, it also reports that the vehicle is not currently in running condition. This is an important factor to consider before deciding to participate.
| Item | Reported Status |
|---|---|
| Running Condition | No |
| Body Condition | Good |
| Accidental History | No, according to the listing |
| Air Conditioning | Working, according to the listing |
| Insurance Policy | Not available |
| Music System | Not available |
| Floor Mats | Not available |
| Seat Covers | Not available |
| Wheel Caps | Not available |
Important condition note: Although the body is reported to be in good condition, the vehicle is listed as not running. The cause has not been specified. It could involve a mechanical, electrical or other issue; no particular fault should be assumed without inspection.
Arrange a physical inspection and, wherever permitted, a professional mechanical assessment. Obtain repair estimates before setting your maximum bidding amount.
The listing states that the vehicle has no accidental history, but this information should be independently verified wherever possible. The reported condition is not a warranty or guarantee.
5. Vehicle Inspection in Ludhiana, Punjab
Inspection Area: Dugri area, Ludhiana, Punjab.
Inspection Period: 23 October 2026 to 11 November 2026.
Listed Inspection Hours: The listing specifies an inspection start at 11:00 AM on 23 October and an end at 4:00 PM on 11 November. Confirm the permitted visiting hours with the bank.
Contact Bank of India or its authorised auction representative to confirm the exact inspection location, entry procedure, appointment requirements and whether a mechanic may accompany you.
The exact street address has intentionally been omitted from this article.
6. Important Checks Before Bidding
Investigate Why the Vehicle Is Not Running
The listing specifically states that the vehicle is not in running condition. Ask the bank or authorised representative whether the cause of the problem is known. If inspection is permitted, have a qualified mechanic examine the engine, battery, electrical system, fuel system, transmission and other major components.
Do not assume that the vehicle can be driven away after the auction. Confirm towing, loading and transportation arrangements, and include their costs in your budget.
Verify the Odometer Reading
The supplied listing reports an odometer reading of 40,237 km. Compare this reading with available service records and vehicle documentation, where available. The displayed reading alone does not establish the vehicle’s complete usage history.
Check Insurance and Registration
The listing indicates that an insurance policy is not available. Verify the applicable insurance requirements and arrange appropriate coverage before using the vehicle on public roads. Check the Registration Certificate, registration validity and ownership-transfer requirements.
Check Hypothecation and Legal Requirements
This auction is listed under SARFAESI. Review the official sale notice carefully and verify the procedure for transferring ownership, clearing any applicable encumbrance and completing the required documentation. Check for outstanding challans, taxes or other liabilities through the appropriate official channels.
Confirm the EMD Deadline
The listed EMD deadline is 12 November 2026 at 4:00 PM, while the auction begins at 10:00 AM. Confirm the actual deadline and the required EMD amount before participating. The EMD amount was not provided in the supplied details.
Calculate the Total Cost
Do not evaluate the car based on the ₹6 lakh reserve price alone. Include the estimated repair bill, towing or transportation, insurance, applicable taxes, transfer charges and any other expenses specified by the bank. Compare the total with the market price of similar vehicles in comparable condition.
7. How to Participate in the Bank of India Auction
- Locate the official auction notice using Asset ID BKIDLUDVL10.
- Read the sale terms and complete bidder registration on the authorised auction platform.
- Contact the bank to confirm the inspection location and available hours.
- Verify the EMD amount, payment method and deadline in the official notice.
- Review the reserve price, eligibility requirements and payment obligations.
- Participate in the auction scheduled for 12 November 2026, subject to the official auction timings and any revisions.
- If successful, complete the payment, vehicle delivery and ownership-transfer formalities within the prescribed deadlines.
These steps are a general guide. The official Bank of India auction notice and authorised platform determine the actual procedure and bidder obligations.
8. Is the Maruti Suzuki Brezza ZXi Plus Worth Considering?
This listing features a 2023 Maruti Suzuki Brezza ZXi Plus petrol compact SUV with a reserve price of ₹6 lakh and a reported odometer reading of 40,237 km.
The most important consideration is that the vehicle is listed as not running. Even if the exterior body is in good condition, the repair cost and cause of the fault remain unknown from the supplied information.
Before bidding, establish the likely repair cost, inspect the vehicle where permitted, verify the documents and estimate the complete cost of ownership. A lower reserve price does not necessarily mean the vehicle will be economical to acquire and repair.
The listing does not indicate a loan offer, so prospective bidders should plan their funding independently and verify the auction payment conditions.
9. Auction Summary at a Glance
| Bank | Bank of India |
|---|---|
| Asset ID | BKIDLUDVL10 |
| Vehicle | 2023 Maruti Suzuki Brezza ZXi Plus Petrol |
| Location | Ludhiana, Punjab |
| Reserve Price | ₹6,00,000 |
| Odometer | 40,237 km, as reported |
| Running Condition | Not running, according to the listing |
| Insurance | Not available, according to the listing |
| Inspection | 23 October–11 November 2026 |
| EMD Deadline | 12 November 2026, 4:00 PM, subject to confirmation |
| Auction Date | 12 November 2026 |
| Auction Time | 10:00 AM–5:02 PM |
10. Frequently Asked Questions
What is the reserve price of the Brezza auction?
The listed reserve price is ₹6,00,000, or ₹6 lakh.
When is the Bank of India Brezza auction?
The auction is scheduled for 12 November 2026, starting at 10:00 AM and ending at 5:02 PM, according to the supplied listing.
When can the vehicle be inspected?
The listed inspection period is from 23 October 2026 at 11:00 AM until 11 November 2026 at 4:00 PM. Confirm the actual inspection hours and location with the bank.
Is the vehicle in running condition?
No. The supplied listing states that the vehicle is not running. Buyers should investigate the fault and estimate repairs before bidding.
Is insurance available?
The listing indicates that an insurance policy is not available. Confirm the insurance requirements before taking possession or using the vehicle on public roads.
Is a loan available for this auction vehicle?
The supplied listing states that a loan offer is not available. Prospective buyers should arrange their funding independently.
What is the EMD amount?
The EMD amount was not included in the supplied information. Check the official auction notice for the exact amount and submission deadline.
Disclaimer
This article is published for general information only and is based on the supplied auction listing. Auction dates, prices, vehicle condition and other details may change or require verification.
Prospective bidders should consult the official Bank of India auction notice and independently verify the vehicle’s documents, legal status, liabilities, mechanical condition, payment requirements and ownership-transfer procedure before bidding.
canteenprice.in is an information-sharing website and is not a broker or representative of Bank of India. We do not accept bids or guarantee the outcome of any auction.
