Land and building in Aadurkolapakkam, Villupuram district: Equitas Small Finance Bank auction

The reserve is ₹10,15,000 and the earnest-money deposit (EMD) is ₹1,01,500. The published submission deadline is 27 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Register on bankeauctions.com and submit the signed bidder-details form and declaration (Annexures II and III), PAN, identity/address proof, EMD remittance proof and a separate bid for each property by the entry deadline. Preserve the remittance challan.

Complete platform training and return Annexure IV; the highest bidder must return the signed price confirmation in Annexure V immediately after bidding. The checked materials do not establish complete age, nationality, residency or category eligibility.

Confirm those conditions and local transfer restrictions with the lender before paying; platform registration alone does not establish eligibility. The newspaper accepts NEFT/RTGS/DD, but generic tender clause vi rejects demand drafts and cheques.

Obtain the applicable remittance method in writing. The newspaper gives Bhaaggyam Galleria, 18 Bazzulla Road, T Nagar, Chennai 600017 only as the location of the EMD account and prints no delivery address; confirm with the authorised officer whether hard-copy documents are needed and where.

The lender’s sale notice doesn’t say whether its possession is physical or symbolic. Arrange and confirm inspection with the authorised officer; see the auction and payment timeline for the full inspection note. Ask Equitas Small Finance Bank’s authorised officer before you pay the EMD.

The generic tender requires 25% after acceptance within the prescribed period, but leaves the exact first-instalment duration unspecified. Obtain that deadline in writing.

The remaining 75% is due by the 15th day after sale confirmation unless extended in writing. Default or a false declaration can forfeit EMD and all other sums paid.

Unsuccessful EMD is returned without interest; Annexure III permits retention until successful conclusion of the sale and does not promise a fixed refund day. The certificate follows full payment in the bidder’s name.

The buyer bears statutory and other property dues, taxes, electricity and water charges, maintenance, stamp duty, registration and transfer expenses, including arrears where the notice requires them.

Verify title, encumbrances and the payable amounts independently; the bank’s known-encumbrance statement is not a clearance certificate.

The property is sold as-is, without a warranty of vacant possession, title or permitted use. Inspect the property, access, occupation, title documents and approvals before bidding.

The highest bid remains subject to lender confirmation; the lender can reject, postpone or cancel the sale. A bid cannot be withdrawn after submission.

The notice prints a ₹10,000 increment. The tender cover and clause 8(ii) allow unlimited five-minute extensions, while clause 16 allows three five-minute extensions. Confirm which rule applies; the displayed close is scheduled. Annexure II requires a sole bidder to improve the bid by one increment.