Kumari Bank Auction Notice Published

10th February 2026, Kathmandu

Kumari Bank Limited has officially released a Kumari Bank Auction Notice concerning the sale of non-banking assets (NBAs) through a structured, confidential sealed bid process. Published on February 10, 2026 (Magh 28, 2082), the notice details the bank’s initiative to liquidate collateral assets that were acquired after borrowers failed to settle their outstanding dues.

Kumari Bank Auction Notice

The properties on offer are primarily located within the Morsa District and include a variety of land parcels and physical structures. This auction is a key part of the bank’s strategy to recover non-performing loans (NPLs) and improve its overall liquidity position.

The Sealed Bid Auction Mechanism

The bank has implemented a strict 7-day sealed bid system. This means interested buyers must submit their highest offer in a sealed envelope to ensure a fair and competitive market valuation.

• Submission Window: 7 days from the date of publication.
• Final Deadline: Falgun 4, 2082 (February 16, 2026), during regular office hours.
• Submission Locations:
• Loan Recovery Department, Bagbazar, Kathmandu
• Kumari Bank Limited, Birgunj Branch

Any bids received after the 3:00 PM deadline on Falgun 4 will be automatically disqualified.

Property Details and “As-Is” Condition

The assets featured in the Kumari Bank Auction Notice consist of real estate and improvements that were pledged as security. It is vital for potential investors to understand the legal and physical status of these assets:

“As-Is, Where-Is” Basis: The bank sells the property in its current state. No warranties are provided regarding the physical condition of structures or any future legal claims by third parties.

Asset Scope: The sale includes land, buildings, and any equipment or materials currently situated on the premises.

Site Inspection: The bank explicitly advises all bidders to conduct a physical site visit in the Morsa District before submitting an offer.

Financial Requirements: The 10% Earnest Money Deposit

To prevent non-serious bidding, Kumari Bank requires a mandatory Earnest Money Deposit (EMD).

Deposit Amount: Minimum 10 percent of the total bid price.

Payment Method: The deposit must be made via the “Good for Payment” system at any Kumari Bank branch.

Documentation: The original deposit slip or proof of payment must be attached to the exterior or interior of the sealed bid envelope as per the specific instructions in the full notice.

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Failure to include the 10% deposit will result in the immediate rejection of the bid during the opening session.

Bid Opening and Finalization

The evaluation of the offers will take place in a transparent public session:

Opening Date: Falgun 4, 2082 (February 16, 2026)

Time: 3:00 PM

Venue: Designated bank offices in Bagbazar and Birgunj.

Bidders or their authorized representatives are encouraged to be present during the opening. The bank reserves the right to negotiate with the highest bidder if the quoted price does not meet the bank’s internal “reserve price” or valuation.

Post-Auction Obligations for the Winner

If your bid is successful, you must adhere to a strict payment and transfer timeline:

Full Payment: The remaining 90 percent of the bid amount must be paid within 15 days of the approval notification.

Default Penalty: Failure to pay the balance on time will lead to the forfeiture of the initial 10 percent deposit.

Transfer Costs: All government taxes, including the Capital Gains Tax (CGT), registration fees at the Land Revenue Office (Malpot), and stamp duties, are the sole responsibility of the buyer.

Why Investors Target Non-Banking Assets (NBAs)

In Nepal’s current economic climate, bank auctions are often viewed as opportunities to acquire real estate at valuations lower than the prevailing market rate. Since the total non-banking assets of commercial banks in Nepal reached over Rs 51 billion by late 2025, banks like Kumari (which holds approximately Rs 2.52 billion in NBAs) are under regulatory pressure from Nepal Rastra Bank to liquidate these holdings quickly.

Conclusion

The Kumari Bank Auction Notice serves as a vital call to action for property investors and institutions looking for distressed asset opportunities. With a narrow 7-day window and a deadline of Falgun 4, speed and due diligence are of the essence. By following the sealed bid protocols and ensuring the 10% deposit is correctly handled at the Bagbazar or Birgunj branches, bidders can participate in a transparent process aimed at strengthening Nepal’s financial stability.

For More: Kumari Bank Auction Notice