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AAAV/TMFL/OR/VV-1564/16-17

Ref: AAAV/TMFL/OR/VV-1564/16-17 Date: 25.01.2017 VALUATION REPORT – TATA INDICA V2 LS CAR Purpose Value of Repossessed

Asset HMR/KMR 249678 Kmrs.

Bank / Valuation for Tata Motors Finance Ltd.

Chassis No. MAT600434BPE36673

Contract No. 5000797136 Engine No 14CRAIL08EYYW12418 Request from TMFL RC NO OR02BS7917 Asset Make TATA Inspector Nirmal Sahoo Asset Model INDICA V2 LS CAR Location Lectronics Stock Yard,

Bhubaneswar, Orrisa Year of mfg 2011 RC Status Not available Repossession Date 29.12.2016 Inspection Date 24.01.2017 RC & Fitness Valid NA Tax Status NA

Assessed Fair Market Realization Value Rs. 0.37 Lacs (Rupees Thirty 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 7500 1500 20000 7000 0 2000 1420 58000

Asset Description

Assessors Parameter Condition

Engine

Silencer Average

Abnormal Engine Noise Average

Plugs Not applicable

Oil Average

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

Brakes Pedal Operation Average

Brakes and Hand Brake Average

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AAAV/TMFL/OR/VV-1564/16-17

Transmission Gear Engagement Average 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 Average

Starter Motor Average

AC Function Cooling Average

Heating Average

Exterior

Frame/Underbody Average.

Wind screen Average

Wiper Blades Average

Indicators Average

Headlights Average

Internal & Rear View Mirrors Average

Tail Lights Average

Interiors

Power Windows Front Not applicable

Central Locking Not applicable

Toolkit Not available

Power Windows Back Not applicable

Condition of Seats Average

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 Average

Wheel Stephaney Average

Accessories

Seat Covers Available

Fog Lamps Available

Music System Available

Floor Mats Available

Speakers Available

Tipping Systems Not applicable

Odometer 249678 Kmrs.

Rating 10

Overall Condition of the Vehicle

Average for Transportation & Plying. Overall condition of the vehicle is in average running.

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AAAV/TMFL/OR/VV-1564/16-17

The above mentioned unit is checked by us at, Lectronics Stock Yard, Bhubaneswar, Orrisa on 24.01.2017 without opening and dismantling any inner side or component (without disturbing its present condition). In inspection the vehicle is in average running condition. The wheels are found in average condition. Overall function found ok and worthy. For the above said (used and Semi worn / torn) Vehicle, the Monetary value comes in Rupees Thirty 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 car market. No discrepancy is found on the chassis and engine mismatch.

Assessed Fair Market Realization Value Rs. 0.37 Lacs (Rupees Thirty 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-1564/16-17