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Step1
- On filling the joining form you get a unique user id & password.
- Using this unique user id & password you enter the site.
- On entering the site you shall get 3 options :
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Account statement |
: By clicking on this you can see your complete ledger.
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Repurchase |
: Clicking on this you can purchase bids. |
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Bidding |
: Clicking this will take you the wonderful world of bidding.
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Step 2
- You select a product from a host of products available for pick at that moment & start bidding by entering your Bid.
- Bid for each product will close between 0 to 10% of MRP
- Each product will have a prefixed bid ticker, but generally it will be as per slab given below:
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Product |
Bid Ticker |
Bids Consumed |
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With MRP up to Rs.50000 |
10 p |
01 |
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With MRP between
Rs.50000 to Rs.1.00 Lac
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20 p |
02 |
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With MRP between Rs.1.00 Lacs to Rs.10.00 Lacs. |
50 p |
05 |
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With MRP above Rs.10.00 Lacs |
Rs.1.00 |
10 |
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Step 4
- Who so ever hits the bidding limit first, which will be prefixed by BPS and will be anywhere between 0 to 10% of the product’s MRP, will be the lucky winner of that bid.
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