Nepal Investment Mega Bank Announces Sealed Bid Property Auctions Across Multiple Districts

10th June 2026, Kathmandu

Nepal Investment Mega Bank Limited has published an urgent seven-day public notice announcing the auction of various movable and immovable properties.

NIMB Announces Sealed Bid

The recovery drive targets multiple individual and commercial accounts that have consistently ignored repeated verbal reminders, formal written letters, and previous public notifications. To avoid immediate execution, the bank has directed all associated parties to clear their entire outstanding principal, accrued interest, penalty charges, and other regulatory dues within seven days of the notice publication.

Understanding the Legal Risks Bidding Deadlines and Processing Schedules

The management warns that if the outstanding balances are not settled within the designated seven-day window, severe regulatory penalties will apply.

The bank will immediately submit the personal identities of the borrowers and guarantors to the Credit Information Center for formal blacklisting according to Nepal Rastra Bank directives. Concurrently, the properties will be sold via competitive sealed bidding under the provisions of the Bank and Financial Institutions Act 2073 and the Debt Recovery Act 2058.

The official timeline and operational schedule governing the sealed bid processing include:

• Last Date for Submission of Sealed Bids: All formal purchase offers must be hand-delivered before the close of business on Asar 2 2083 BS.
• Official Bid Opening Date: The administrative opening and evaluation of all submitted bids will take place on Asar 3 2083 BS.
• Opening Time Slot: The review meeting will formally commence at 3:00 PM.
• Filing Fee: Bid documents can be collected from the corporate recovery department or the respective branches for a non-refundable fee of Rs. 1,000.

Complete Profiles of Defaulted Accounts and Mortgaged Real Estate Assets

The nationwide recovery action covers four distinct borrowing accounts spread across different regional branch networks.

The detailed registration data, personal identities, and exact property dimensions included in the official liquidation logs consist of these specific lines:

1. Account Name: Minadevi Dulal (Retail Home Loan Facility)

Borrower Registration Details: Minadevi Dulal, holding Citizenship Number K 6971227 issued by the District Administration Office of Jhapa on 2062/03/30 BS. Permanent resident of Panchgachhi-6, Jhapa, currently living at Sundar Dulari-11, Morang.

Family Structure Details: Husband listed as Kumar Prasad Khatri, and father-in-law listed as Balram Khatri.

Lending Branch Hub: Itahari Branch, Sunsari.

Personal Loan Guarantor: Kumar Prasad Khatri, holding Citizenship Number 15213 issued in Morang on 2060/01/05 BS. Son of Balram Khatri and grandson of Hari Prasad Khatri.

Pledged Real Estate Assets: Lands registered at the Land Revenue Office in Belbari, Morang, containing Kitta Number 2767 measuring 0-0-3 Bigha, Kitta Number 2769 measuring 0-0-7 Bigha, Kitta Number 2770 measuring 0-0-75 Bigha, and Kitta Number 2768 measuring 0-0-2.5 Bigha. The assets are located in Ward Number 8 of the former Dulari VDC, including all physical buildings built on the land.

Bid Evaluation Location: Itahari Branch, Sunsari, or the nearest local Land Revenue Office.

2. Account Name: Prashansa Ornaments (Commercial Loan Facilities)

Business Registration Details: Private Firm Number 123732/072/73, operating from Kalanki-14, Kathmandu.

Lending Branch Hub: Gyaneshwor Branch, Kathmandu.

Proprietor and Guarantor Group: Puran Sunar (Proprietor, Citizenship 251001/686 Nuwakot), Tejman Sunar (Guarantor, Citizenship 251001/763 Nuwakot), Santa Maya Sunar (Guarantor, Citizenship 34435 Nuwakot), Sarita Sunar (Guarantor, Citizenship 251001/1398 Nuwakot), Kiran Sunar (Guarantor, Citizenship 25-01-69-06094 Nuwakot), Masini Sunar (Guarantor, Citizenship 57538 Nuwakot), Tek Bahadur Sunar (Guarantor, Citizenship 1885/19020 Nuwakot), and Rupa Sunar (Guarantor, Citizenship 25-01-70-13161 Nuwakot).

Pledged Real Estate Assets: Property 1 is registered to Santa Maya Sunar under Kitta Number 568 measuring 0-15-1-3 Ropani in Trishuli Municipality-2, Nuwakot. Property 2 is registered to Tejman Sunar under Kitta Number 567 measuring 0-13-2-0 Ropani and Kitta Number 572 measuring 1-3-3-1 Ropani. Property 3 is registered to Masini Sunar under Kitta Number 1870 measuring 1-7-0-2 Ropani.

Pledged Movable Floating Assets: Property 4 comprises hypothecated stock and commercial gold, silver, diamonds, and general shop inventory belonging to the business.

Bid Evaluation Location: Bidur Branch, Nuwakot, or the nearest local Land Revenue Office.

3. Account Name: Star Collection (Commercial Loan Facilities)

Business Registration Details: Commercial enterprise located in Birendranagar Municipality-6, Surkhet.

Lending Branch Hub: Surkhet Branch.

Proprietor and Guarantor Group: Ram Bahadur Tharu (Proprietor, Citizenship 10431 Surkhet), Chechu Tharuni (Guarantor, Citizenship 2066 Surkhet), Ramesh Chaudhary (Guarantor, Citizenship 641018/96425 Surkhet), and Urmila Kumari Chaudhary (Guarantor, Citizenship 75-01-71-00827 Kanchanpur).

Pledged Real Estate Assets: Property registered to Ram Bahadur Tharu under Kitta Number 3543, measuring 0-0-10 Bigha, located in Katkuwa Ward Number 3, Surkhet district. The asset includes the main house, land boundaries, and all associated fixtures.

Bid Evaluation Location: Surkhet Branch, Surkhet, or the nearest local Land Revenue Office.

4. Account Name: Purna Maya Rana (Commercial Loan Facilities)

Borrower Registration Details: Purna Maya Rana, holding Citizenship Number 2/5456 issued by the District Administration Office of Palpa on 2063/06/06 BS. Resident of Butwal-8, Rupandehi.

Family Structure Details: Husband listed as Thaman Rana, and father-in-law listed as Padam Bahadur Rana.

Lending Branch Hub: Butwal Branch, Rupandehi.

Account Guarantors: Lalit Rana (Citizenship 23199 Rupandehi) and Thaman Rana (Citizenship 2/5454 Palpa).

Pledged Real Estate Assets: Property registered to Purna Maya Rana under Kitta Number 72, covering a surface area of 296.50 square meters, located in Butwal Ward Number 10, Rupandehi. The listing includes the residential house, compound land, and all permanent attachments.

Bid Evaluation Location: Butwal Branch, Rupandehi, or the nearest local Land Revenue Office.

Post Auction Conditions Institutional Buying Options and Indemnity Rules

To maintain full transparency during the liquidation process, the central management has clarified the legal conditions that govern the auction bids.

These statutory declarations protect the recovery path of the bank and prevent unnecessary legal blockages from defaulting borrowers after the bidding wraps up.

The legal clauses and operational terms established by the bank specify:

• If the formal bidding rounds fail to attract suitable offers, the bank reserves the absolute right to sell the assets through private negotiations or acquire them directly for its corporate real estate portfolio.
• If the final auction proceeds fall short of covering the total outstanding debt balance, the bank will initiate secondary legal actions to seize other unpledged assets owned by the parties.
• Original property owners are legally barred from challenging the auction outcomes on the grounds that their assets were sold below historical valuations or current open market estimates.
• The primary bid forms can be officially collected from the Recovery Department of the bank located at Rising Mall, Kamaladi, Kathmandu, or from the respective lending branches.
• All individual rules, terms, and payment obligations printed on the official bid application form apply unconditionally to all participants.

By setting these clear operational boundaries, Nepal Investment Mega Bank Limited ensures an efficient, lawful, and final disposal of non-performing assets.

The strategy helps the bank protect its depositors, secure its institutional revenue lines, and maintain credit stability across its extensive nationwide branch network.

For More: NIMB Announces Sealed Bid