How to Bid Successfully

Your complete guide to participating in online auctions - from registration to winning

6
Simple Steps
24-48h
KYC Approval
100%
Secure Process
24/7
Support Available

Quick Process Overview

Follow these simple steps to start bidding and winning auctions

1
Registration & Account Setup
5-10 minutes
2
KYC Verification
10-15 minutes + 24-48 hours approval
3
Browse Available Auctions
Variable
4
Pay EMD (Earnest Money Deposit)
5 minutes + verification time
5
Place Your Bids
Duration of auction
6
Win & Complete Payment
As per auction terms

Complete Step-by-Step Guide

Follow these detailed instructions to become a successful bidder

1

Registration & Account Setup

Create your bidder account in minutes

⏱️ 5-10 minutes 📊 Easy

Begin your bidding journey by creating a secure account on our platform.

Detailed Instructions

1

Visit the registration page and fill in your basic details

2

Provide valid email address and mobile number for verification

3

Create a strong password for account security

4

Verify your email through the confirmation link sent to your inbox

5

Complete mobile number verification via OTP

6

Your account is now active and ready for KYC submission

Pro Tips for Success

Use a valid email you check regularly

Keep your password secure and don't share it

Ensure mobile number is active for OTP verification

2

KYC Verification

Complete your identity verification

⏱️ 10-15 minutes + 24-48 hours approval 📊 Medium

Submit your documents for identity verification to participate in auctions.

Detailed Instructions

1

Log in to your account and navigate to KYC section

2

Upload clear scanned copies or photos of required documents

3

Required documents: Aadhaar Card, PAN Card, Address Proof

4

For companies: GST Certificate, Company Registration, Authorization Letter

5

Ensure all documents are valid and clearly readable

6

Submit the KYC form and wait for admin approval

7

Approval typically takes 24-48 business hours

8

You'll receive email/SMS notification once approved

Documents Required

Aadhaar Card
REQUIRED
PAN Card
REQUIRED
Address Proof
REQUIRED
Bank Details
REQUIRED
GST Certificate
For businesses
Optional
Company Registration
For companies
Optional

Pro Tips for Success

Upload high-quality, clear document images

Ensure all details are visible and readable

Keep documents ready before starting the process

Double-check all information before submission

3

Browse Available Auctions

Find auctions that match your interests

⏱️ Variable 📊 Easy

Explore our wide range of auctions across multiple categories.

Detailed Instructions

1

Visit the Auctions page to see all active listings

2

Use filters to narrow down by category, price range, or location

3

Search for specific items using keywords

4

View auction details including description, images, and terms

5

Check auction type (Government/Non-Government)

6

Note the auction start and end dates/times

7

Review the starting price and current bid (if live)

8

Read all terms and conditions carefully

Available Categories

Heavy Machinery
Real Estate
Vehicles
Electronic Equipment
Office Furniture
Industrial Materials
Scrap & Surplus
Government Assets

Pro Tips for Success

Set up alerts for categories you're interested in

Bookmark auctions you want to track

Read auction descriptions thoroughly

Check location for inspection and pickup details

4

Pay EMD (Earnest Money Deposit)

Secure your participation in the auction

⏱️ 5 minutes + verification time 📊 Medium

Submit the required EMD to qualify for bidding in your chosen auction.

Detailed Instructions

1

Click on the auction you want to participate in

2

Review the EMD amount required (typically 5-10% of base price)

3

Choose your payment method: Online Payment, DD, Cheque, or Bank Guarantee

4

For online payment: Use Net Banking, UPI, Credit/Debit Card

5

For offline payment: Submit DD/Cheque/BG as per instructions

6

Upload payment proof if paying offline

7

Wait for EMD verification by admin (instant for online, 1-2 days for offline)

8

Once verified, you're eligible to bid in that auction

Payment Methods Available

Online Payment
Verification: Instant
Refund Time: 3-5 working days
Demand Draft
Verification: 1-2 days
Refund Time: 7-10 working days
Cheque
Verification: 2-3 days
Refund Time: 7-10 working days
Bank Guarantee
Verification: 1-2 days
Refund Time: As per BG terms

Pro Tips for Success

Pay EMD well before auction starts

Keep transaction receipts safe

Online payments are verified instantly

EMD is refundable if you don't win

Ensure sufficient balance before payment

5

Place Your Bids

Participate actively in live auctions

⏱️ Duration of auction 📊 Medium

Once the auction goes live, you can start placing your competitive bids.

Detailed Instructions

1

Log in before the auction start time

2

Navigate to 'My Auctions' or the specific auction page

3

Wait for the auction to go live at scheduled time

4

Monitor current highest bid in real-time

5

Enter your bid amount (must be higher than current bid)

6

Bid increments are set by auction rules (check minimum increment)

7

Click 'Place Bid' to submit your offer

8

You'll see confirmation if your bid is accepted

9

Keep bidding until auction time ends or you win

10

Auto-extension: Auction may extend if bids placed in last minutes

Important Bidding Rules

Minimum bid increment must be followed

Bids cannot be withdrawn once placed

Highest bidder at end time wins

Auto-extension of 5-10 minutes if late bids

Technical issues: Contact support immediately

Pro Tips for Success

Set your maximum budget beforehand

Don't get into bidding wars emotionally

Place bids strategically near the end

Keep your internet connection stable

Have multiple payment methods ready

Monitor auction closely in final minutes

6

Win & Complete Payment

Finalize your winning auction

⏱️ As per auction terms 📊 Easy

Congratulations on winning! Now complete the final payment process.

Detailed Instructions

1

You'll receive instant notification (Email/SMS) when you win

2

Log in to view your won auction details

3

Check the final payment amount and deadline

4

Payment = Winning Bid Amount - EMD Already Paid

5

Choose your payment method for balance amount

6

Complete payment within specified timeframe (usually 7-15 days)

7

Upload payment proof if paying offline

8

Wait for payment verification by admin

9

Once verified, you'll get clearance for item collection

Important Notes

EMD is forfeited if payment not made on time

Late payment may incur penalties

Item must be collected within specified period

Get delivery receipt/acknowledgment

Transfer of ownership documents as applicable

Pro Tips for Success

Pay immediately to avoid penalties

Keep all payment receipts

Coordinate with auction authority for collection

Check item condition during inspection

Get proper handover documents

Frequently Asked Questions

Quick answers to common questions about the bidding process

Ready to Start Bidding?

Join thousands of successful bidders on our platform. Register now and start winning auctions!

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