E-auction of vanity registration number: Response picks up on second day

The response for the e-auction of vanity registration numbers for the series CH-01-BJ picked up on the second day on Wednesday with 0001 number crossing the Rs 3 lakh mark.

By: Express News Service | Chandigarh | Published:September 22, 2016 3:51 am
e-auction Representational Image

The response for the e-auction of vanity registration numbers for the series CH-01-BJ picked up on the second day on Wednesday with 0001 number crossing the Rs 3 lakh mark. The 0001 number of the series attracted highest bid of Rs 3 lakh. The bidding process will close on Thursday.

CH-01-BJ-0007 and 0009 emerged as the second favourite numbers as they attracted bid of Rs 1.35 lakh each against reserve price of Rs 30,000.

CH-01-BJ-0005 was the third sought after number among the bidder on the opening day as Rs 95000 was quoted for it against reserve price of Rs 30,000. CH-01-BJ-0003 and 0090 got bid of Rs 55000 each while CH-01-BJ-0008 attracted  bid of Rs 51000. The process of e-auction was a 10-day affair, seven days for registration and three days reserved for bidding.

The successful bidders will be required to get their vehicles registered as well as to deposit the balance bid amount within one month from the date of auction, failing penalty of 10 per cent as well as interest at rate of 10 per cent on balance amount would be charged till the date of payment. The result of the auction will be up on the website and the successful bidders will also be informed through SMS and e-mails.