Punjab E-Auction
What is Punjab E-Auction
The Punjab e-Auction platform was launched to facilitate online bidding for stunning or unique vehicle registration numbers. Unlike standard registration plates, superiority plates allow users to bid for specific combinations or special numbers. This system was introduced to update the registration process, promote a fair bidding scene, and offer citizens a suitable way to obtain unique vehicle numbers without calling government offices.
How To Complete E-Auction?
Registration Process
Interested users must first register on the E-Auction portal by entering basic personal information, such as their CNIC Card number, email address, and phone number. During registration, users receive an OTP on their provided mobile or email, which they must enter to complete the registration process.
Bidding Procedure
Once registered, users can log in and be guided to the E-Auction section, where they select the preferred registration number and provide their vehicle’s chassis number. It’s important to enter the complete and correct chassis number, as it cannot be modified later.
Payment Of Slip Fees
After selecting a number, users receive a Payment Slip Identification through SMS, detailing the reserve rate and participation fee, usually around 100 rupees. This fee can be paid through mobile banking, ATM, or any other bank. Once the fee is authorized, the application is authorized, allowing users to participate in the live e-auction once it opens.
E-Auction Schedule
The E-Auction schedule is published every month, showing when precise numbers will be available for bidding. If numbers aren’t asserted in the initial bidding, participants can observe the portal for updates on auction times, winners, and any re-auction schedules.
Conclusion
The Punjab e-Auction system is an ingenious solution to simplify and digitize the process of getting personalized registration numbers. It provides a streamlined, fine, and user-friendly experience for Punjab residents, authorizing them to participate in auctions from anywhere. This industry not only enhances comfort but also reduces organizational responsibilities by minimizing in-person visits to excise offices.