About Motorzone in C-5/5 Rama Vihar, New Delhi

All the vehicles which are repossessed by the banks are shifted to the concerned bank's yard.

Banks follow a procedure where an individual directly cant buy these vehicles from the bank.MotorZone is associated with these banks and make these vehicles available for the clients interested.

We believe to follow the most convenient way of providing information of such vehicles which can be explained as :

1. Lists of all the vehicles which are available for the auction will be added with there photographs.

2.Interested buyers can comment accordingly with there rates they are expecting.

3.MotorZone will bid after inspecting the vehicle and revert back.

4.When the auction ends , highest bidder win the auction.

5.After getting the vehicle approved by the bank auction, there will be a time period of 3-4days for the individual to make the payment.

6.In some cases individual have to deposit Rs10,000/- prior to the day of auction in MotorZone's bank account which will be considered as an assurance. If MotorZone doesn't win the auction then the amount will be refunded within 48hours.

Associated banks for Cars are :
HDFC
ICICI
Tata Capital
L & T Finance
Kotak Mahindra
Kotak Prime

Bikes : Bajaj Finance Ltd

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