Disclaimer
Last updated: 15 June 2026
Auctionscope is an information platform only. We aggregate and display publicly available bank auction listings to help you discover and track them. We do not conduct auctions, sell property, or provide professional advice. Always verify every detail directly with the relevant bank or official auction platform before taking any action.
1.Information Platform Only
Auctionscope is an information aggregation and display platform. We are not an auction house, a bank or financial institution, a broker, a dealer, an agent, or a legal or financial adviser. We are not a party to any auction, sale, or transaction listed on the platform, and we have no involvement in bidding, payments, or the transfer of any asset.
2.No Warranty of Information Accuracy
Listing information — including prices, reserve amounts, earnest-money deposits, dates, property descriptions, locations, and contact details — is compiled from publicly available auction notices and other sources. We make no representations or warranties as to its accuracy, completeness, reliability, or timeliness. Errors, omissions, and outdated information may occur. You must independently verify all details directly with the relevant bank or authority before relying on them.
3.AI-Generated Information
Our AI chat and search features use third-party language models to summarise and answer questions about listings. AI-generated responses may be inaccurate, incomplete, or misleading and should never be treated as authoritative. Always confirm any AI-provided detail against the official sale notice and the issuing bank.
4.No Liability for Auction Outcomes
We are not responsible for the outcome of any auction or transaction, including bidding results, financial losses, title or possession disputes, encumbrances, legal proceedings, or any losses or damages of any kind arising from your use of the platform or your participation in any auction.
5.User Responsibility
You are solely responsible for conducting your own due diligence before participating in any auction. This includes verifying the property's legal status and title, physically inspecting the property, confirming encumbrances and dues, reviewing the official sale notice and terms, and ensuring compliance with all applicable laws and auction requirements.
6.SARFAESI and Legal Compliance
Many bank auctions are conducted under the SARFAESI Act and other legal frameworks. These transactions carry specific legal requirements and risks. You are responsible for understanding the applicable legal framework and should consult a qualified legal professional before participating. Auctionscope does not provide legal guidance on these matters.
7.No Professional Advice
All information on Auctionscope is provided for general informational purposes only and does not constitute legal, financial, investment, tax, or professional advice. It should not be relied upon as a substitute for consultation with qualified professionals.
8.Third-Party Content and Links
The platform links to and displays content from third-party sources, including bank and auction-platform websites and official notices. We assume no responsibility for the content, accuracy, availability, or practices of any third-party site, or for any damages resulting from your use of them.
9.Technical Disclaimers
We do not guarantee that the platform will be available, uninterrupted, timely, secure, or error-free, or that it will be free of viruses or other harmful components. The platform is provided on an "as is" and "as available" basis.
10.Changes to Listings
Banks and auction authorities may add, modify, postpone, withdraw, or cancel auctions at any time without notice. We cannot guarantee that listings on Auctionscope reflect such changes in real time. The official sale notice issued by the bank always prevails.
11.Limitation of Liability
To the maximum extent permitted by law, Auctionscope and its team disclaim all liability for any direct, indirect, incidental, consequential, special, or punitive damages arising from or related to your use of, or inability to use, the platform or any information it contains.
12.Indemnification
You agree to indemnify and hold harmless Auctionscope from any claims, losses, liabilities, and expenses arising from your use of the platform or your participation in any auction.
13.Governing Law
This Disclaimer is governed by the laws of India, and any disputes are subject to the exclusive jurisdiction of the courts located in India.
14.Contact
Questions about this Disclaimer? Contact us at support@auctionscope.in.
See also our Privacy Policy and Terms of Service.