General Administration Section Regional Office, Trivandrum M.G.Road, Pulimoodu, Trivandrum

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1 Telephone: General Administration Section Regional Office, Trivandrum M.G.Road, Pulimoodu, Trivandrum IOB/RO/PRE/SALE/02/18-19 Date: FOR PUBLIC/ IOB STAFF ONLY, General Administration Department, Regional Office, Thiruvananthapuram intends sale of their following used/old vehicle in As is where is condition to our Staff (including Ex-Staff)/Public. Details of the vehicles to be sold Sl. No Regn No. Make Model Floor price of the car 1 KL07BT4919 Maruti Alto ,41,750 (Plus GST) 2 KL07BT4949 Maruti Alto (Plus GST) KM s Run Interested person may inspect the vehicle and copies of its documents on working days from to between hrs to hrs at the following address. Regional Office, M.G.Road, Pulimoodu,Thiruvananthapuram The offer must be submitted in the prescibed bank s format (enclosed), in the closed covers with the superscription offer for purchasing Vehicle with Registration No, to The Chief Regional Manager, Indian Overseas Bank, Regional Office,GAD Departmet, IOB Building, M.G.Road, Thiruvananthapuram, along with Application fee and EMD on or before @14.00hrs. 3. Prescribed form can be downloaded from our intranet (iob online)/bank s website or obtained in person from our above mentioned address. Application fee Rs.300/- to be submitted by way of Demand Draft favoring Indian Overseas Bank,payable at Thiruvananthapuram Or credit of Rs.300/-through electronic transfer to IOB account No , IFSC: IOBA / transfer direct from IOB a/c to in case of IOB a/c holder by clearly mentioning the name of the applicantfor identificationalong with the offer and EMD. Page 1 of 5

2 4. Applicable GST as on date to be remitted by the successful bidder in addition to the quoted amount. 5. The EMD amount of Rs.5000/- and Application money of Rs.300/- must be paid separately only by means of Demand Draft drawn in favour of Indian Overseas Bank, Regional office, Thiruvananthapuram payable at Thiruvananthapuram. Or transfer through electronic transfer to IOB account No , IFSC: IOBA / transfer direct from IOB a/c to in case of IOB a/c holder. 6. If the applicant is transferring money through electronic transfer such as NEFT, RTGS etc they have to clearly mention the name in transaction for identification and should mention the UTR No and Date of transaction in the application i.e. Page No.4 of the Tender Application. 7. Offer letters without EMD and Application fee will be rejected 8. Any tender below the floor price will be rejected. 9. The offer/quote may be submitted either in person or by post at the above address. The bank will not be responsible for postal delay etc... if any. 10. The offer /bid will be opened at our Regional Office, Trivandrum on hrs in the presence of the available executives and the bidders present. 11. Successful bidders will be selected/ announced that day itself. 12. Offer letter will be despatched to the highest bidder. 13. The balance amount must be paid by the highest bidder by means of DD drawn in favour of, Regional Office, Thiruvanathapuram, payable at Thiruvanathapuram.(The DD may be drawn on any nationalized/scheduled commercial banks operating in India)/transfer through electronic transfer to IOB account No , IFSC: IOBA / transfer direct from IOB a/c to in case of IOB a/c holderwithin 7 days from the date of our offer letter failing which the EMD will be forfeited. 14. The EMD remitted by the highest bidder shall be adjusted towards bid value. The 2 nd highest bidder's EMD will be retained until the highest bidder pays the balance amount of the bid. The EMD of the other bidders shall be returned on or after The vehicle has to be transferred/ registered in the name of successful bidder only and not in the name of any other person. 16. The transfer of ownership should be effected immediately and vehicle should be taken delivery after full payment within 2 weeks from the date of our offer letter. Demurrage Rs 500/ day shall be levied for the delay after the above date, for each vehicle. 17. The vehicles will be delivered to the successful bidder only after submission of registration Certificate for effecting transfer of the ownership in the name of the bidder. Page 2 of 5

3 18. Under exceptional circumstances where two or more bidders have quoted the same price and that being the highest one, fresh quotes must be submitted by such of those bidders by improving their earlier offer. 19. All the expenses in connection with transfer of ownership, delivery of vehicle to be borne by the successful bidder. 20. The bidder must enclose a copy of any two of the following as ID proof a. Voters ID Card b. Pancard c. Ration Card d. Driving Licence e. Aadhaar Card 21. Applicant should abide by Banks Terms & Conditions and Bank reserves the right to accept / reject all / any tender without assigning any reasons thereof. 22. Decision of the bank is final in respect of the disposal of the vehicle as above. SCHEDULE FOR DISPOSAL OF VEHICLES: DATE OF ANNOUNCEMENT INSPECTION OF VEHICLES to (on working days) /DOCUMENTS (Between Hrs and Hrs) LAST DATE FOR RECEIPT OF till hrs CLOSED COVERS OPENING OF CLOSED at hrs COVERS TRANSFER OF OWNERSHIP Should be effected immediately on receipt of our offer letter BALANCE AMOUNT PAYMENT one week from the date of our offer letter. TILL DELIVERY OF VEHICLES After payment of full amount and on production proof for transfer of ownership. ( within two weeks from the date of our offer letter). Date : sd/- Chief Regional Manager Page 3 of 5

4 General Administration Department Regional Office, M.G.Road,Thiruvananthapuram OFFER LETTER FOR PURCHASING THE USED VEHICLE FROM INDIAN OVERSEAS BANK, REGIONAL OFFICE, THIRUVANANTHAPURAM Cost of Application : Rs.300/- From: (Name & address) Mobile No:.Phone No: To The Chief Regional Manager, Regional Office, Thiruvananthapuram. Dear Sir, Sub: - Purchase of Vehicle Regn. No With reference to the advertisement in the Newspaper (.)/IOB Intranet/Internet dated. towards purchase of vehicles, I/we submit my/our highest of offer for the captioned vehicle as below: VEHICLE NO MODEL 1. My highest offer for purchase of the above vehicle is Rs.../-( Rupees in words...only ) exclusive of GST &applicable taxes. 2. I enclose a demand draft No:... dated... for Rs.5,000/- ( Rupees. Five Thousand Only) favoring INDIAN OVERSEAS BANK, REGIONAL OFFICE, TRIVANDRUM payable at Thiruvananthapuram towards EMD. Or UTR NO.. Dated. For Rs.5000/-. 3. I also enclose a Demand Draft No :... dated... for Rs.300/- ( Rupees Three Hundred Only) favouring INDIAN OVERSEAS BANK, REGIONAL OFFICE, TRIVANDRUM payable at Thiruvananthapuram towards Application Fee since I have downloaded the offer letter from the system. or UTR NO.dated. For Rs.300/- 4. I enclose herewith copy of any of the following two ID Proof.(Voters ID Card /pancard/ Ration Card/Driving License/Aadhaar Card.) 5. I hereby agree to pay the applicable GST in addition to the quoted amount. 6. I have read all the terms and conditions published in the above said newspapers/bank's website in this regard and understood the same and I would abide by the terms stipulated therein. Thanking you Yours faithfully Place : ( Signature & Name of the Applicant ) Date : Page 4 of 5

5 GENERAL GUIDELINES Earnest Money deposit should be submitted in the form of demand draft favouring Indian Overseas Bank, payable at Thiruvananthapuram for Rs.5000/- /transfer through electronic transfer to IOB account No , IFSC: IOBA / transfer direct from IOB a/c to in case of IOB a/c holderfor each vehicle separately. Tender without EMD will be rejected. Applications can be obtained from the above mentioned address and can also be downloaded from our website and IOB Intranet.Application fees of Rs.300/- should be submitted in the form of Demand draft favoring payable at Thiruvananthapuram/transfer through electronic transfer to IOB account No , IFSC: IOBA / transfer direct from IOB a/c to in case of IOB a/c holder. Application fees in non refundable. Any Tender below the floor price will be rejected. Tender amount should be exclusive of applicable GST. Applicable GST to be remitted by the successful bidder in addition to the quoted amount Tenders duly signed in with enclosure of Address proof (copy of Ration card / Voter Id / passport /UIDAI) only be considered. Copy of the documents relating to the above vehicles are available for inspection, at Indian overseas bank,regional Office, M.G.Road, Thiruvananthapuram. Sealed Tenders will be accepted till Hrs on at 5 th floor, Indian Overseas Bank, Regional Office, M.G.Road, Thiruvananthapuram. The same will be hrs on the same day at Regional office in the presence of available Officials & bidders at Regional office. Offer letter will be dispatched to the highest bidder. Balance payment should be made within a week s time from the date of our offer letter. The vehicles will be delivered to the successful bidder only after submission of registration Certificate for effecting transfer of the ownership in the name of the bidder. The transfer of ownership should be effected immediately and vehicle should be taken delivery after full payment within 2 weeks from the date of our offer letter. Demurrage Rs 500 per day shall be levied for the delay after 15 days from the dispatch date of offer letter to highest bidder, for each vehicle. EMD will be returned to the un-successful bidders. The EMD remitted by the highest bidder shall be adjusted towards bid value. The 2 nd highest bidder's EMD will be retained until the highest bidder pays the balance amount of the bid. The EMD of the other bidders shall be returned on or after EMD of the H1 Bidder will be forfeited if he refuses to take the car. Bank reserve the right to accept / reject all / any tender without assigning reason thereof. 1/we undertake to abide by all Banks terms & condition. Place : (Signature & Name of the Applicant) Date : Page 5 of 5

FOR PUBLIC/ IOB STAFF ONLY

FOR PUBLIC/ IOB STAFF ONLY Telephone:0471-2450064 General Administration Section 0471-2460216 Regional Office, Trivandrum M.G.Road, Pulimoodu, Trivandrum-695001 FOR PUBLIC/ IOB STAFF ONLY, General Administration Department, Regional

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