SARFAESI property, pledged gold and repossessed vehicles — listed, inspected, bid and settled in one place, with every step on record.
Each kind of sale follows its own rules — Min-elam builds those rules in, so your team cannot skip a step.
Demand and possession notices, title deed, encumbrance certificate and valuer’s report are checked before listing. The sale goes live only 30 days after the sale notice.
Ornament-wise weight, purity and the appraiser’s value. Borrower notice at least 7 days before; reserve floor at 90% of value.
Monthly pools with Aadhaar-verified bidders, EMD per lot if you want one, and a 48-hour payment window.
OTP sign-in, Aadhaar for vehicles and PAN for property and gold — before anyone can register.
A bid in the last 5 minutes extends the lot by 5, so the price reaches its true level.
Through the payment gateway. Outbid deposits are refunded automatically; the winner’s counts toward the price.
If the winner does not pay, the lot can go to the next bidder without a new auction.
Recovery by branch and month, reserve vs. sale price, and lots that did not sell.
One invoice a month for your fees, payable online or by bank transfer with proof upload.
Plans are agreed per seller, by the number of branches and lots. Bidders pay the platform fee; you never pay for theirs.
Try Min-elam on a few branches before you decide.
A monthly fee for your branches, plus listing and success fees.
For sellers with many zones and recovery verticals.
Call or write to us about your organisation or branches.
A pilot, or a subscription with listing and success fees.
Admin accounts for your recovery staff, by branch.
Add lots with their papers, open viewings and publish.
Call or write to us — we set up your team, your first pools and your plan.
Min-elam