Frequently Asked Questions

  • 1. How to search for a property?

    Users can directly visit – www.auctiononclick.com and search the property by location/Bank/Type of the asset category such as commercial/residential/vehicles.

    You can also use the advanced search option which enables you to select a date range or minimum-maximum price range and also by bank/company name to shortlist properties.

  • 2. How to make the payment to avail premium services?

    You can make the payment via Net Banking or Debit Card and Credit Card, whichever suits your preference.

  • 3. How Pan-India premium services are differ from State-wise premium services?

    Pan-India premium services include all India reach and allows you to seek for any property available for auction in India. State-wise subscription plan lets you narrow down your interest group to 2 states and accordingly is cheaper compared to the Pan-India plan. We offer 3, 6, and 12 months subscription plans for both the service models with added benefits. To know more about the plans click https://auctiononclick.com/home/premiumServices

  • 4. Is the website secured and safe?

    Yes, the website is absolutely safe and owns all the necessary safety certificates.

  • 5. Can I view all the properties listed for auction without purchasing premium services?

    Non-subscribers can only access the basic information but for detailed information, one has to purchase a premium membership.

  • 6. How will I be notified of interest-based or selected properties?

    You will receive emails and notifications regarding your interests and subscription model. If you have subscribed for a premium membership you’ll be notified daily or weekly, depending upon your selection preference and for non-subscribers weekly email alerts would be sent.

  • 7. How to receive the latest updates regarding new bank auction listings?

    You can select the 'Get Alerts' option on the listing page to receive the latest updates and notifications.

  • 8. Do you involve in the auction process of a listed property?

    No, we only provide an e-auction platform and everything rests on the third party. The criteria, guidelines, documentation, etc. are decided and declared by the seller party conducting the auction.

  • 9. Do you charge any commission regarding property sales?

    No, we only charge subscription fees for our premium services and nothing else.

  • 10. Do you assist with the inspection of properties?

    We do not engage in the inspection of any property but for the assistance, you can always get in touch and approach the concerning bank or its branch who has listed the property for sale.

  • 11. What is the reserve price?

    Reserve price is referred to as a minimum price listed by the bank for a specific property that is to be auctioned.

  • 12. What is inferred by the EMD amount?

    EMD (earnest money deposit) is referred to as a certain deposit amount that is required to be paid in advance to participate in a bank auction. Generally, the EMD amount is 10% of the reserve price stated.

  • 13. What is an auction notice?

    Auction notice contains all the necessary information relevant to the auction, which is issued by the bank hosting the auction.