What is PB Live Auction
PB Live Auction enables farmers, traders, and cold storage owners to sell potatoes in bulk directly to serious buyers through a transparent online bidding process. Instead of negotiating with one buyer, multiple verified buyers compete, helping you discover the best possible market price at that time.
How it Works
1
Create an
Auction
2
Participate in
an Auction
Create an Auction
- PB platform fee (3%). This will deducted from final settlement
- Fill basic auction details
- PB inspects and validates the lot
- Auction is scheduled with date & time
- Buyers place live bids
- Highest valid bid wins
Participate in an Auction
- Select an upcoming auction
- Pay refundable EMD (security deposit)
- Place live bids during auction
- If you win → pay balance amount
- If you don't win → EMD is refunded
Why use Live Auction?
- Sell in bulk, not piece-by-piece
- Transparent price discovery
- Verified buyers & sellers only
- Inspection builds buyer confidence
- Time-bound, rule-based process
Important to know
- All bids are binding
- Auction rules apply to everyone
- PB is a platform facilitator, not a buyer or seller
- Continue to Terms & Consent
- You must accept the PB Live Auction Terms & Conditions to proceed.