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AAAV/TMFL/OR/VV-1611/16-17

Ref: AAAV/TMFL/OR/VV-1611/16-17 Date: 05.02.2017 VALUATION REPORT – TATA MAGIC 8 SEATER Purpose Value of Repossessed

Asset HMR/KMR NA (Battery was missing)

Bank / Valuation for Tata Motors Finance Ltd.

Chassis No. MAT445117DVB17902

Contract No. 5001192976 Engine No 275IDI06BWYS49887 Request from TMFL RC NO OD239094 Asset Make TATA Inspector Sanjay Panda Asset Model MAGIC 8 SEATER Location Kumari Ventures, Sambalpur,

Orrisa Year of mfg 2013 RC Status Not available Repossession Date 24.01.2017 Inspection Date 05.02.2017 RC & Fitness Valid 05.08.2015 Tax Status 42211/-

Assessed Fair Market Realization Value Rs. 0.07 Lacs (Rupees Seven Thousand only).

* - Parking charges extra as applicable.

COST TO BIDDER BUYER

/BIDDERSMARGIN

WARRANTY

COST

TRANSPORATION

COST

RTO

EXPENSES

INSURANCE

COST

TAXES +

PENALTY

REFURB

COST

PARKING

CHARGES

TOTAL

COST

20000 9000 1500 20000 21000 42211 43200 780 156911

Asset Description

Assessors Parameter Condition Engine Silencer Average

Abnormal Engine Noise Average

Plugs Not applicable

Oil Could not be checked

Radiator/Condenser Average

Oil Leakage Found. Rs. 1000/-

Fan Belts Average

Filters Average

Suspension Suspension Noise While Driving Front & Rear

Average

Steering

Steering Lock Available Wheel Alignment/ Balancing/ Wobbling

Average

Steering Operation Average but could not be operated

Brakes Pedal Operation Average but could not be operated

Brakes and Hand Brake Average but could not be operated

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AAAV/TMFL/OR/VV-1611/16-17

Transmission Gear Engagement Average but could not be operated Differential And Crown Rear Wheel Drive

Appears to be average. Rs. 1000/-

Electrical

Instrument Cluster - Warning Lights/Gauges

Average

Alternator Average

Fuel Pump Average

Battery Condition Missing. Rs. 6000/-

Starter Motor Average

AC Function Cooling Not applicable

Heating Not applicable

Exterior

Frame/Underbody Below average. Rs. 5000/-

Wind screen Average

Wiper Blades Average

Indicators Average

Headlights Average

Internal & Rear View Mirrors Right side is missing. Rs. 200/-

Tail Lights Average

Interiors

Power Windows Front Not applicable

Central Locking Not applicable

Toolkit Not available

Power Windows Back Not applicable

Condition of Seats Dismantled. Rs. 20000/-

Horn Average

Roof Wear & Tear Average

Headlamp/Indicator Switches Average

Tyre Condition

Wheel-Right Front Average

Wheel-Right Rear Average

Wheel-Left Front Average

Wheel-Left Rear Missing. Rs. 4000/-

Wheel Stephaney Missing. Rs. 4000/- approx service Rs. 2000/-

Accessories

Seat Covers Not available

Fog Lamps Not available

Music System Not available

Floor Mats Not available

Speakers Not available

Tipping Systems Not applicable

Odometer NA (Battery was missing)

Rating 4

Overall Condition of the Vehicle

Below average for Transportation & Plying. Spare tyre & 1 tyre are missing. Seats are dismantled. Unit is

not operative since battery was missing. Overall condition of the vehicle is in below average.

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AAAV/TMFL/OR/VV-1611/16-17

The above mentioned unit is checked by us at, Kumari Ventures, Sambalpur, Orrisa on 05.02.2017 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle is in below average condition. The wheels are found in average condition. For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Seven Thousand considering the age, depreciation factors, indexes of P/M valuation, wear and tear, technical obsolescence, commercial obsolescence etc. and with the comparison of used truck market. No discrepancy is found on the chassis and engine mismatch.

Assessed Fair Market Realization Value Rs. 0.07 Lacs (Rupees Seven Thousand only).

INDRANIL AICH CHARTERED ENGINEER /APPROVED VALUER FIV 318328 THE INSTITUTION OF ENGINEERS (INDIA), BE PRODUCTION MRICS MEMBERSHIP NUMBER MRICS1267050 MIE- MEMBERSHIP NUMBER M132302-9 PANEL ARBITRATOR ICA UNDER FICCI Signatures__________________

Note:

- As per IVSC (International Valuation Standards Committee) 2011- the standards w.e.f 01.01.2012, IVS 220 Plant and Equipment is applicable to this asset.

- The Valuation concludes on same day after Physical Inspection and without Prejudice. - The report is confidential to Tata Motors Finance Ltd. - The legal matter is solicited by Financier’s Solicitor. - Financier / Banker is suggested to check the ownership and free-hold interest of the

equipment priority basis before approving any Loan / Advance, sale of Repossessed Asset or any other activity entailing exchange of revenue.

- The Valuer is asked for “Normal Physical Market Value” – only of the specified equipment, on the basis of his / their Professional Qualification & Experience.

- Cost to the bidder is an estimation only and is delinked to IVSC standard’s and given on request of the finance.

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AAAV/TMFL/OR/VV-1611/16-17