Online Bidding
With over 5,000 online bidding events conducted every month, SAMIL significantly expands the reach of pre-owned vehicles, equipment, and other assets, connecting them with a wide audience across locations.
Online bidding at SAMIL enables customers to conveniently participate from their homes or offices, with access to multiple bidding events across diverse asset categories, including used cars, commercial vehicles, construction equipment, tractors, buses, three-wheelers, two-wheelers, gold, property, and other assets.
Online bidding at SAMIL enables customers to conveniently participate from their homes or offices, with access to multiple bidding events across diverse asset categories, including used cars, commercial vehicles, construction equipment, tractors, buses, three-wheelers, two-wheelers, gold, property, and other assets.
Online Bidding Process
Registration Of
Customers
Customers
To participate in SAMIL’s online bidding event, it is mandatory to get registered first. A customer can get the registration done through the ‘Register Now’ link on the website. In registration, the customer is supposed to submit his documents and post registration.
Online
Training
Training
To make online bidding simply effortless for the user, SAMIL facilitates ‘Free Online Training’. Through this training, the company makes an initiative towards making online bidding a wow experience for the people. You can call on our toll-free number.
Physical Inspection
Of Vehicles
Of Vehicles
SAMIL’s physical bidding platform gains an edge for facilitating the physical inspection of vehicles. Two days prior to a bidding event, the pre-owned vehicles are put on display in an Automall. People can visit the Automall and make a choice after properly examining the vehicles.
RSA Amount
Submission
Submission
After filling the form, the customer submits the Registration Security Deposit (RSA) amount of Rs. 19,999/-. Post submission, he is given a ‘Bidder Book’ containing information about the inventory list to be disposed in the bidding event.
Highest
Bidder Wins
Bidder Wins
While all the bidders bid on the vehicles, only the highest bidder wins the race.
Seller Approves/
Rejects Bid
Rejects Bid
Winning the bid does not always mean that the vehicle belongs to the bidder. It is the seller who can either approve or reject the bid. Post his approval only, the bidder can own the vehicle.
Direct Payment
To The Seller
To The Seller
The final payment for the vehicle is made directly to the seller. And post payment, the bidder can take the delivery of the vehicle.
Facilitation Fees
To SAMIL
To SAMIL
As a mediator between buyer and seller, SAMIL is entitled to a facilitation fees which the bidder pays to the company.
Benefits to Customers
Customers participating in the online auctions conducted by Shriram Automall India Limited gets a number of benefits such as:
- Vehicle and Equipment bidding from the comfort of Home or Office
- Option for Physical Inspection for Exclusive Touch and Feel factor
- Detailed Images and Details of available inventory
- Transparency in the Auction Process
- Immersive Experience of online Competitive Bidding
- Access to 25,000+ inventory right from the comfort of Home or Office
- Flexibility to bid from anywhere in the country
Testimonial
What our Clients/Partners think about us?
