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Cars for sale in Bank Auction. IndusInd, RBI, SBI, UBI are selling through portals now.

Lov Singh by Lov Singh
14 June 2023
in India
Reading Time: 3 mins read
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If you’re seeking an affordable vehicle with loan facilities, consider exploring options for purchasing used cars, bikes, and more. This article outlines various platforms where you can buy used vehicles, along with details about purchasing cars through bank auctions.



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Websites for Buying Used Vehicles

There are several reputable companies that have made their mark in the used car market. These platforms ensure that the vehicles undergo proper maintenance and registration processes before sale, so you won’t face any issues post-purchase. Here are some websites to consider:

  1. CarDekho
  2. OLX
  3. Quikr
  4. CarTrade
  5. CarWale
  6. Truebill
  7. Cartok
  8. Car Market
  9. Car Collection
  10. Cars24

Buying Vehicles at Bank Auctions

Bank auctions provide another option for buying vehicles at a lower cost. These auctions occur when the bank seizes assets due to non-payment of loans. The bank handles the auction process and provides all the necessary documents, which ensures a hassle-free experience for buyers.

Here are some websites where you can find bank auctions:

  1. National Housing Bank (NHB) Residex: Website
  2. Reserve Bank of India (RBI) Auction: Website
  3. State Bank of India (SBI) Auction: Website
  4. Bank of Baroda (BoB) Auction: Website
  5. Union Bank of India (UBI) Auction: Website
  6. IndusInd Wheels: IndusInd Bank lists its holdings for auction on this platform. You can access the live auctions here.

Summary

  • Consider buying used vehicles from established platforms like CarDekho, OLX, and Cars24 for a hassle-free experience.
  • Bank auctions offer another affordable avenue for buying vehicles. Banks provide all necessary documents, ensuring a smooth purchase process.
  • Bank auction websites include the National Housing Bank (NHB) Residex, Reserve Bank of India (RBI) Auction, and the State Bank of India (SBI) Auction.


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Lov Singh

Lov Singh

Lov Singh is a seasoned journalist with an expansive 12-year career in the field. He holds a Master's degree in Journalism from a reputable university. Known for his meticulous research, accurate reporting, and engaging storytelling, Lov has covered diverse topics including politics, economy, and international affairs. His commitment to maintaining the highest ethical standards in journalism has earned him respect and recognition among peers and readers alike. Upholding Google's E-A-T (Expertise, Authoritativeness, Trustworthiness) guidelines, Lov continues to deliver high-quality, credible content that informs, educates, and empowers his audience.

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