Frequently Asked Questions
You need to pay EMD in favour of Salvage Auction Pvt. Ltd., New Delhi by way of Cheque/RTGS, well before two days of scheduled auction. You also need to download the e-Auction participation form attached with the particular auction, duly sign it and send a scanned copy to [email protected].
After you EMD and duly filled form are received, a login username and password will be emailed to you.
Yes it is refundable subject to certain terms & conditions.
Make sure to go through our Terms & Conditions before taking part in bidding.
We are open to sellers wanting to publish their auctions on our website. Email your interest to us at [email protected] and we will get back to you.
Any default in payment or failure of complete lifting & violation of any terms of Sale agreement / approval letter by the successful bidder / Buyer, the seller would reserve the right to forfeit the EMD amount.
EMD of the 2ndhighest bidder shall be retained till highest bidder deposits the payment to seller. Non-deposit of the payment by highest bidder within the time period shall give the seller the option to award the deal at the second highest bidder. All the terms and conditions shall apply in such case.