Land in Sasthamangalam, Thiruvananthapuram: Federal Bank auction

The reserve is ₹2,16,00,000 and the earnest-money deposit (EMD) is ₹21,60,000. The published submission deadline is 24 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 online tender with ₹21,60,000 EMD remitted by NEFT/RTGS by the entry cutoff. Supply photo identity and PAN; the notice allows an affidavit on ₹20 non-judicial stamp paper explaining why PAN is unavailable.

The bankeauctions.com listing also asks for address proof and the signed bidder details (Annexure II) and declaration (Annexure III), uploaded with the bid.

Annexure IV, a signed confirmation of e-auction training, goes to the authorised officer and bankeauctions.com after training; the notice itself only offers training, so confirm with the bank whether it is required.

A company, LLP, partnership, association, trust or society representative must provide the required resolution or authorisation. The notice does not set out a complete age, nationality or residency eligibility test.

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 Federal Bank’s authorised officer before you pay the EMD.

Pay 25% of the sale price, including EMD, immediately on acceptance, on the same day or the next working day. Pay the remaining 75% within 15 days or an extension permitted by the authorised officer; obtain the bank’s dated payment demand.

Failure can forfeit the entire deposit and lead to resale. The notice says the EMD is refundable if the tender is not accepted, while the bidder declaration (Annexure III, clause 6) says every bidder’s EMD is retained until the sale concludes.

Neither gives a fixed refund day; confirm the refund timing with Federal Bank before paying.

The purchaser bears stamp duty, registration and other conveyance charges, and must clear society or association, electricity and water charges and any other encumbrances.

The bank says it knows of no encumbrance and accepts no responsibility for charges, liens, property tax or other dues; that is not a title or no-dues guarantee.

The notice says the bank has taken possession, but does not identify it as physical or symbolic. Verify access, occupancy, title, extent, permitted use and liabilities before bidding.

The sale is on an as-is basis; the highest bid remains subject to bank acceptance, and the bank may reject, postpone or cancel the sale. A holiday, hartal or protest that adversely affects the bank or platform may shift the event to the next bank working day under the notice; no such change has been confirmed.

The notice provides unlimited five-minute extensions. The displayed end is the scheduled close and may move while qualifying bids continue.

In the bidder details form (Annexure II), a sole bidder undertakes to raise the bid by one increment (₹1,00,000). The highest bidder must email a signed price confirmation (Annexure V) to the authorised officer and bankeauctions.com immediately after bidding.