Agricultural Development Bank Issues 35 Day Blacklisting Warning Notice to Defaulters
6th October 2026, Kathmandu
Agricultural Development Bank Limited (ADBL) has published an urgent 35-day notice.
ADBL Blacklisting Warning Notice
The notice is issued warning non-performing borrowers, firm proprietors, partners, directors, and personal guarantors of impending blacklisting procedures with the Credit Information Bureau (CIB) Limited due to non-payment of overdue loan obligations.
Notice Specifications and Statutory Provisions
- Notice Publication Date: Ashwin 20, 2083 (October 6, 2026)
- Deadline for Repayment: Within 35 days from the date of notice publication
- Governing Regulations: Section 57 of the Banks and Financial Institutions Act (BAFIA) 2073, Nepal Rastra Bank CIB directives, and ADBL Loan Recovery Regulations
- Issuing Institution: Agricultural Development Bank Limited, Madhesh Province Office, Birgunj, Parsa
Background and Legal Implications
Background
The listed individuals, firms, and companies borrowed loans from ADBL for various purposes but failed to clear their principal, interest, and penal charges despite repeated verbal follow-ups, written demands, and a prior 21-day public newspaper notice.
Advertisement
Scope of Actions
If the full outstanding amount is not settled within the 35-day window, ADBL will initiate blacklisting through CIB Limited against the main borrowers, firm proprietors, partners, company directors, mortgage consent providers, and personal guarantors.
Additional Legal Remedies
Beyond blacklisting, the bank reserves the right to initiate further legal recovery actions under prevailing banking laws to recover all outstanding dues.
For More: ADBL Blacklisting Warning Notice
