| Date & Time : | Thursday 30 June 2022 , Commencing at 11.00 am |
|---|---|
| To Be Held At : | To be held at People's Bank, Head Quarters Branch No.75, Sir Chittampalam A. Gardiner Mw, Colombo 02 |
MODE OF PAYMENT
The successful purchaser will have to pay the following amounts in cash at the fall of the hammer.
1) 10% (Ten Percent) of the Purchased Price.
2) 1% (One Percent) of the Sales Taxes payable to the Local Authority.
3) Auctioneer’s Commission of 2 ½ % (Two and a half percent only) on the purchased price.
4) Clerk’s & Crier’s Fee of Rs.1,500/=
5) Cost of sale and any other charges if any.
6) Stamp duty for the Certificate of Sale.
Balance 90% (Ninety percent) of the purchased Price will have to be paid within 30 days from the date of sale to the Deputy General Manager Recoveries, People’s Bank, Head office, 10 Floor,No.75, Sir Chittampalam A. Gardiner Mw, Colombo 02.Tel: 011-2334281, 011 2481613
If the said amount is not paid within 30 days as stipulated above, the Bank shall have the right to forfeit 10% of the purchase price
already paid and resell the property
