National Savings Bank - Auction Sale of a Valuable Property With a Residential House

Date & Time : Thursday 19th January 2023 Commencing at 11.00 a.m
To Be Held At : at the spot
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Mode of Payment

The successful purchaser will have to pay the following amounts in cash at the fall of the Hammer.

  1. 25% (Twenty Five 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 plus applicable taxes on the commission.
  4. Total cost of advertising.
  5. Clerk’s & Crier’s Fee of Rs.1,500.00
  6. The Notary’s fee for attesting conditions of sale


The balance 75% of the purchased price together with any other statutory levies, duties, taxes or charges whenever applicable and imposed by the Government of Sri Lanka or any other authority to be payable within 30 days from the date of sale.


For further particulars & Conditions of Sale please contact: Senior Manager, Recoveries Division- 011 2370256.