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Sir, Sub: EMD for Participation in E-Auction to Be Conducted On LETTER FROM THE PARTICIPATING BIDDER To The Authorised officer, IDBI Bank Ltd, SCO-72-73, Sector-17B, Bank Square Chandigarh. Sir, Sub: EMD for participation in E-Auction to be conducted on January 14, 2021 in respect of the secured assets belonging to ______________________. With reference to the above subject, I wish to inform you that I have read and understood the terms and conditions in detail as mentioned on the website of the IDBI Bank of the proposed sale by E-auction which have also been published in the Newspapers "The Tribune (English)”, "Punjabi Tribune (Punjabi)” and "Dainik Tribune (Hindi)” dated 13.12.2020. I agree to abide by the same. I intend to participate in the said sale. I am enclosing herewith a Demand Draft bearing No. ____________ for Rs. ____________ drawn on ____________ being EMD as prescribed which may be adjusted towards part of bid amount in the event of I being declared as the successful bidder in the sale. I am aware that if I fail to pay the sale consideration upto 25% (including EMD) by next working day of the date of auction i.e 15-01-2021 upto 4 pm or balance 75% within 15 days from the date of auction, all amount paid by me will be forfeited. Thanking you, Yours faithfully, Place: (Name & Signature) Date: Address Contact No(s) IDBI BANK LTD, CHANDIGARH BID FORM ______________________________ ______________________________ ______________________________ Earnest Money prescribed to Rs._____________ Dead Line for submission of Tender Up-to 04.00 PM on 13.01.2021 at any branch of IDBI bank Name and particulars of the Tenderer/Bidder Sh/Smt/Ms or M/s Father’s Name /Constitution Address PAN No Tel/Mob/Fax Nos Email ID/Website OTHER CONDITIONS 1. All or any bid found incomplete is liable to be rejected by the Authorised Officer. 2. Minimum one bid need to be increased in E-auction in multiple of Rs.10,000 or 25,000/- whichever is applicable. Date Signatures of Tenderer/Bidder Time Authorised Officer .
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