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VIJAYA BANK
(A Govt. of India Undertaking)
RAMANAICKENPET Br.,
(Via) Ambalur,
RAMANAICKENPET- 635801
Telephone:04174 – 267249
E-mail:[email protected]
PROPERTIES FOR E-AUCTION
It is notified for all concerned that the following property is secured in favour of Vijaya bank, Ramanaickenpet
Branch, and as secured creditor taken possession under SARFAESI Act 2002, will be sold by e-auction on
20.02.2015 "as is where is and as is what is basis" for recovery of Bank dues. This is a notice to the
borrower/s and to the Guarantor/s of the below said loan about the holing of E-Auction sale on the said date,
if their outstanding dues are not repaid in full by the said auction date..
1. NAME AND ADDRESS OF BORROWER/S AND GUARANTOR/S :
Mr. G.Ravi, S/o.A.V.Govindaraj,
124/A, Parasuraman vattam, Sugar Mill Post,
Kethandapatti , Vaniampadi Taluk, Vellore Dist.,
Pin 635851
…...................Borrower/Mortgager
Mr. M.Thirupathi, S/o.Muruga Gounder,
Opposite Kethandapatti Sugar Mill,
Sugar Mill Post,
Kehtandapatti , Vaniampadi Taluk, Vellore Dist.,
Pin 635851
…...........…...................Guarantor
2. AMOUNT DUE TO THE BANK:
Rs.3,29,391.46 (Rupees Three lakh twenty nine thousand three
hundred ninety one and paise forty six only)
3. POSSESSION TAKEN ON :
25.06.2014
SCHEDULE OF PROPERTY
Details of Mortgaged Property in the name Borrower Mr.G.Ravi:
The part and parcel of the land & building situated at Vellore District, Vaniyambadi Sub-Registry, Vaniyambadi
Taluk, Kethandapatti Village, Door No.124/1, land bearing No..273/3, punja measuring 1.25 acre, in which a house
site bounded on the :
South
of Road
North
of J Sundarmoorthy Reddiyar's lands
East
of R Janakammal's site
West
of Rathinasami's vacant site
In between East to West Northern side 34 ½, Southern side 33, North to South western side 52 ½ eastern
side 50 ½, total 1738 ¼ sq ft with right way as per sub division sy no 273/3X
Date and Time of Auction
Earnest Money Deposit
20.02.2015 between 11.00 A.M. and 1.00 PM with unlimited
extension of ‘10’minutes i.e. the end time of e-auction will
be extended by 10 minutes each time if bid is made within
the last 10 minutes before closure of auction
Rs.14.40 lakhs (Rupees Fourteen lakh & forty
thousand only)
Rs.0.72lakh (Rupees Seventy two thousand only)
Incremental amount
Rs 10,000/-
Date of inspection by
intending purchasers.
Last date for submission
of tender form along
with EMD and KYC
documents.
The sealed cover should
be superscribed with
Date , time & Place of
opening of online offers
06.02.2015
Reserve Price
12.02.2015 till 4.30 PM
“Quotation for participating in e-auction sale – “ HL a/c of
Mr.G.Ravi “
13.02.2015, at 11.00 A.M., Vijaya Bank Ramanaickenpet Br
.
Terms & Conditions:
1.
2.
3.
4.
5.
6.
Auction/bidding shall only be through “online electronic mode” through the website of the Service Provider
https://vijayabank.auctiontiger.net on M/s e-Procurement Technologies Limited (abcprocure),
Ahmedabad is the Service Provider to arrange e-auction platform.
The bidders may participate in e-auction for bidding from their place of choice internet connectivity shall have to
be ensured by bidder himself. Bank/Service Provider shall not be held responsible for the internet connectivity,
network problems, system crash down, power failure etc.
For details, help, procedure and online training on e-auction prospective bidders may contact the Service
Provider viz M/s e-Procurement Technologies Limited (abcprocure), Ahmedabad. Contact No. 07940230830/816/817/819/820, E-Mail Id: [email protected]. Contact No. 9913326773 – Mr. Rikin
Bramxatriya. Email Id: [email protected]. Contact no 09978591888- Mr PraveenKumar Thevar
Contact -09722778828 Email Id [email protected] Mr.Ashok Nattar (Chennai) Contact 09382276688 Bidders are required to hold digital signature certificate for participating in the E-Auction.
Bidders are advised to go through the website https://vijayabank.auctiontiger.net on for detailed
terms and conditions of auction sale & auction application form before submitting their Bids for taking part in
the e-auction sale proceedings.
For participating in e-auction sale the intending bidders should register their details with the Service Provider
M/s e-Procurement Technologies Limited (abcprocure), Ahmedabad, well in advance and get the User ID and
password. Only the password may be changed on receiving it.
For participating in e-auction, intending bidders have to deposit a refundable EMD of 5% of reserve price by way
of DD/Banker's Cheque favoring Vijaya Bank,Ranipet Branch payable at Ranipet, the intending bidders should
submit the quotations along with the Demand Draft towards EMD in a sealed cover so as to reach to the
Authorized Officer, Vijaya Bank, Ramanaickenpet on or before 12.02.2015. The sealed cover should be
superscribed as stated above for the property . Tender forms may be collected from the banks office. The
intending bidders must pay 5% of the upset price through RTGS/NEFT/DD etc and the remittance details must
be clearly indicated in the bid form.
7. The property shall not be sold at /below the Reserve Price as per the schedule.
8. The highest bidder in the e-auction immediately on closure of auction process should
submit/send the final price quoted by him by fax both to the Authorized Officer, Vijaya
Bank, Ramanaickenpet Branch and the service provider by Fax message for getting declared as
highest bidder in the auction.
9. The successful bidder should deposit 25% of the bid amount (including EMD) on the same
day before 17.00 hrs of the sale, being knocked down in his favour and balance 75% of bid
amount within 15 days after the sale date without any further notice or such extended period
as may be agreed in writing by the Authorized Officer by RTGS/NEFT/Funds
Transfer/Demand Draft to the credit of A/C No. 302500301000051 of Authorized Officer a/c
M/s.G.Ravi, IFSC Code “VIJB0003025“ or by Demand Draft /Pay Order in favour of Vijaya
Bank, Ramanaickenpet Branch payable at Ramanaickenpet .Amount of EMD and /or initial
deposit as above shall be forfeited on failure to pay the balance amount as mentioned above.
10. In case of default in payment at any stage by the successful bidder/auction purchaser within
the stipulated time, the sale will be cancelled and the amount already paid will be forfeited
and the property will be again put to sale.
11. The successful bidder shall bear the charges payable for conveyance, Registration fee, stamp
duty etc., as applicable.
12. The property is being sold on “AS IS WHERE IS & AS IS WHAT IS BASIS” and subject
to conditions prescribed in the Securitisation and Reconstruction of Financial Assets and of
Security Interest Act, 2002 and also subject to any orders of stay granted by any
Court/Tribunal.
13. Prospective bidders are advised to peruse the copies of Title deeds with the Bank and verify
the latest Encumbrance Certificate and other Revenue/Municipal records to exercise due
diligence and satisfy themselves on the Title and Encumbrances, if any over the property and
any complaints on the title deeds shall not be entertained later on.
14. Bids once made shall not be cancelled or withdrawn. All bids made from the user ID given to
bidder will be deemed to have been made by him only.
15. All bidders shall be deemed to have read and understood the terms and conditions of sale and
be bound by them.
16. The Authorized Officer may postpone/cancel the e-Auction without assigning any reason
thereof.
17. In case the e-Auction schedule is postponed to a date before 30 days from the scheduled date
of sale, it will be displayed on the website of the Service Provider.
18. This notice is issued without prejudice to such rights and remedies as are available against the
Borrower/Mortgagor/Guarantor of the said loan/facilities to Vijaya Bank under law.
Note: The intending bidders may contact : Vijaya Bank, Ramanaickenpet Branch for ascertaining
the details of property and also for inspection of property Contact no Phone:04174-267249 . E-mail:
Ramanaickenpet [email protected]. The above property details are also available at website
www.vijayabank.co.in/tender.gov.in
Place: Ranipet
Date: 29.12.2014
AUTHORISED OFFICER
VIJAYA BANK

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