Kamana Sewa Bikas Bank Declares Public Auction for Bank Owned Motorcycles via Sealed Bids

22nd May 2026, Kathmandu

The financial sector in Nepal frequently manages the liquidation of movable assets to balance corporate inventories and streamline structural operations. In a fresh regulatory movement, Kamana Sewa Bikas Bank Limited has officially published a confidential auction notification targeting its owned collection of two-wheeler vehicles.

KSBBL opens auction

The national development bank has invited independent citizens, commercial organizations, private firms, and retail companies to submit competitive sealed proposals to acquire various used motorcycles distributed across its regional branch network.

Regional Branch Inspections Enable Thorough Vehicle Condition Appraisals

The banking institution has made it explicitly clear that all the listed two-wheelers will be sold strictly in their current as-is condition. To promote fair market competition and protect buyer interests, the bank has decentralized the inventory, allowing potential investors to visit the specific local branch offices where the units are physically parked. This framework allows bidders to run their own personal mechanical inspections, check engine health, and verify physical wear and tear before finalizing their financial offers.

Diverse Two Wheeler Collection Highlights Leading Commuter Models

The public auction ledger contains four independent commuter motorcycles featuring varying production years and localized registration markers. The first available option is a classic Honda CB Shine one hundred twenty five CC model from the model year twenty fifteen, bearing the registration tag Lu seventeen Pa forty four forty four, currently stationed at the Butwal branch. The second vehicle is a durable Hero Super Splendor manufactured in twenty sixteen, registered under the identification Na forty Pa sixty seven seventy one, which can be reviewed by buyers at the Narayangadh branch.

Various Engine Displacements Match Different Budget Scales

The remaining portion of the vehicle register includes options tailored for alternative regional buyers and varying functional needs. Bidders can pursue a twenty seventeen edition of the popular Honda CB Shine one hundred twenty five CC motorcycle, which carries the unique registration mark Lu thirty three Pa twenty nine thirteen and is held at the Rampur branch. Lastly, for buyers looking for a basic utility commuter, the bank offers an older twenty o eight model Hero Splendor registered as Lu five Pa sixty six fifty four, currently located at the Kotihawa branch office.

Centralized Document Sourcing Outlines Standard Administrative Fees

To join the competitive bidding process, interested applicants must acquire the official institutional paperwork designed by the central administration. These formal bid registration forms are available for collection at the main corporate central office of Kamana Sewa Bikas Bank Limited, located in the Gyaneshwor neighborhood of Kathmandu, as well as designated local branch offices. The bank has established a non-refundable application form fee fixed at five hundred Nepalese Rupees for each independent vehicle document requested by a participant.

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Strict Processing Guidelines Enforce Absolute Document Completeness

The bank has set up strict compliance criteria to ensure that the unsealing phase moves forward without any administrative bottlenecks. All completed application packets must be safely delivered to the collection boxes within a clear fifteen day window following the initial date of notice publication. The central evaluation committee has explicitly warned that any late arrivals, incomplete information sheets, or conditional proposals that try to alter the core terms of the bank will be automatically disqualified from the competition.

Earnest Security Deposits Guarantee Sincere Financial Commitments

A critical requirement of the submission workflow is the inclusion of an upfront financial guarantee to prove earnest participation. Every individual bid envelope must contain a verified security deposit equivalent to at least ten percent of the total price offered for the chosen motorcycle. This financial backing must be processed through approved channels, either by attaching a certified bank deposit voucher credited directly into the institutional account or by providing a valid Good for Payment Account Payee Cheque made out to the bank.

Open Unsealing Sessions Ensure Absolute Corporate Transparency

The formal opening and recording of the incoming sealed envelopes will follow a structured timeline designed to maintain high administrative transparency. The review panel will open all valid envelopes at three thirty in the afternoon on the immediate working day following the final submission closing date at the central office in Gyaneshwor. The bank allows all active applicants or their legally authorized representatives to attend the session in person, though the physical absence of a bidder will not delay the legal opening process.

Ultimate Asset Allocation Rights Remain Firmly with Bank Management

While the public tender is designed to find the highest market value for the assets, the bank keeps full operational control over the final sales. The executive leadership of Kamana Sewa Bikas Bank Limited retains the absolute authority to accept or deny any incoming bid without being legally bound to provide any detailed explanation to the applicants. Furthermore, the bank reserves the right to cancel the auction for any specific motorcycle or withdraw the items from the active marketplace if the received offers fail to meet internal value metrics.

Successful Bidders Absorb All Legal Ownership Transfer Costs

Once the bank confirms a winning bid and issues the official allocation letter, the financial responsibilities transfer completely onto the buyer. The successful applicant is legally required to clear all accompanying state expenses before taking physical possession of the vehicle or receiving the official bluebook documents. These mandatory secondary costs encompass all government taxes, local transport office ownership transfer fees, national registration renewal charges, and any associated legal processing expenses required by state transport authorities.

Critical Auction Deadlines Map Out the Liquidation Window

The entire asset disposal program operates under a tight calendar that all participants must follow closely to ensure their applications remain valid. The final cutoff date for turning in completed sealed forms at the designated bank desks is fixed for the 22nd of Jestha, 2083. Following the collection phase, the formal bid opening event will take place on the 25th of Jestha, 2083, at exactly 3:30 in the afternoon, hosted at the main corporate boardroom of the bank in Gyaneshwor, Kathmandu.

For More: KSBBL opens auction