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STATE BANK of INDIA, RACPC-Moula Ali. Moula Ali, B-27, 1ST FLOOR, TSIIC, MOULA-ALI, HYDERABAD – 500040

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STATE BANK of INDIA, RACPC-Moula Ali. Moula Ali, B-27, 1ST FLOOR, TSIIC, MOULA-ALI, HYDERABAD – 500040 E-AUCTION OF SEIZED CARS BY STATE BANK OF INDIA, RACPC-Moula Ali. Moula Ali, B-27, 1ST FLOOR, TSIIC, MOULA-ALI, HYDERABAD – 500040. PH:040-27242974; E-Quotations are invited for E-Auction of below mentioned cars of our borrowers in "as it is where it is condition". The borrowers defaulted in payment of EMI's, Bank has seized the cars and the same are being auctioned ONLINE on 13/11/2019. Description of Cars, Contact Barrower Name, A/c No. Reserve Auctio S.No Regd. Nos/ Model/ No’s for Car & Branch Name Price & EMD n Time KM Runned Details Sri Nagaragju MARUTI ERTIGA SMART Rs.7,00,000/- 2.00 PM Choppavarapu HYBRID BSIV/ to 1 A/c No. 38149045601 TS08GH2873/2018/ Rs.70,000/- 3.00 PM 9908904703 Branch: Adityanagar - 18,780 KMS/ Diesel 21041 Engine No: D13A3435216 2 Sri Dhulipa Uma MARUTI ALTO 800 Rs.1,00,000/- 2.00 PM Maheswara Rao, GREEN LXI BSIV/ to A/c.No- 62272126103 AP29AY2820/ Rs.10,000/- 3.00 PM 9908904703 Branch: Kushaiguda – 2013/ CNG Petrol 20362 Engine No: F8DN4963220 3 Sri Panga Laxma Reddy INNOVA CRYSTA 2.4 V Rs.15,50,000/- 2.00 PM A/c.No:37976125121 (8S) BSIV/ to Branch: SME Cherlapally TS07GN6899/ 2018/ Rs.1,55,000/- 3.00 PM 9908904703 - 16898 28,192 KMS/Diesel Engine No: 2GDA227117 4 Sri Gopala Krishna MARUTI RITZ VDI BSIV/ Rs.1,60,000/- 2.00 PM Potturi AP29AX4303/ to A/c No. 62263817227 2012/85,000 KMS/ Rs.16,000/- 3.00 PM 9908904703 Branch: Habsiguda – Diesel 16514 Engine No: D13A2011882 5 Smt. Madhavi MARUTI VITARA Rs.6,40,000/- 2.00 PM Somireddy, BREZZA VDI to A/c.No:37845121806, BSIV/TS10ES3792/ Rs.64,000/- 3.00 PM 9908904703 Branch: SME Cherlapally 2018/ 19,437 KMS/ - 16898 Diesel Engine No: D13A5662647 6 Sri Anamala Manoj FORD-ECOSPORT 1.5 Rs.6,30,000/- 2.00 PM Kumar DIESEL TITANIUM MT to A/c.No: 37915730402 BSIV/ TS07GL3421/ Rs.63,000/- 3.00 PM 9989696836 Branch: SME Cherlapally 2018/ 37,049 KMS/ - 16898 Diesel Engine No: JJ25813 7 Sri Ghulam Haider CRETA-1.4 CRDI S Rs.9,00,000/- 2.00 PM A/c. No: 38078610947 BSIV/TS07GM1348/ to Branch: SME Cherlapally 2018/21,221 KMS/ Rs.90,000/- 3.00 PM 9989696836 - 16898 Diesel Engine No: D4FCJM705599 Terms and Conditions of e-auction: (1) E-auction is being held on "as it is where it is condition" and will be conducted "ON-LINE". The auction will be conducted through the Bank's approved service provider M/s.C1 India Pvt. Ltd., BM Gandhi (9700333933) at the web portal https://www.bankeauctions.com. E-auction Tender Document containing online e-auction bid form (Annexure-II, Annexure-III), Declaration, General Terms and conditions of online auction sale are available in https://www.bankeauctions.corn. (2) To the best of knowledge and information of the Authorized Officer, there is no encumbrance on the movable properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of the movable property/ies put on auction and claims/rights/dues/ affecting the movable property, prior to submitting the bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The movable property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The authorized Officer / Secured Creditor shall not be responsible in any way for any third party claims / rights / dues. (3) The EMD at 10% of reserve price shall be payable through NEFT/RTGS in the following Account: 37083796986; SBI RACPC Moula Ali E-Auction account; Name of the Branch: State Bank Of India, Moula Ali, Hyderabad, IFSC Code: SBIN0020096 before 04.00 PM on 11.11.2019. The successful bidder has to pay the remaining amount immediately after auction on the same day to the above mentioned account, otherwise EMD amount already paid will be forfeited and the bank will be at liberty to conduct re- auction of the movable property. (4) The sale shall be subject to rules / conditions prescribed by the bank, and the Bank reserves the right to accept or reject any / all offers without assigning any reasons therefore. (5) Sale Certificate will be provided immediately after the payment of total bid Amount by the successful bidder and Bank will apply for FRC at concern RTA and after receiving FRC only concern papers for transferring the vehicle in the name of successful bidder will be arranged. (6) Vehicles will be displayed at SBI RACPC-1, Patny Centre, Secundrabad from 09.11.2019 to 11.11.2019. (7) Bid increment will be Rs.2000/- for reserve price up to Rs.5,00,000/- & Rs. 5000/- for reserve price above Rs.5,00,000/- (8) Duration of auction will be half an hour with unlimited extension of 5 minutes each. (9) Date and time for submission / uploading of request of participation / KYC documents / proof of EMD payment etc.: before 4 P.M on 11.11.2019. Date: 28.10.2019. Sd/- Asst. General Manager .
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