Agricultural Development Bank Announces Large Scale Collateral Auction in Rupandehi

10th June 2026, Kathmandu

Agricultural Development Bank Limited has officially issued its first public notice announcing the sale of mortgaged movable and immovable properties.

ADBL Issues Collateral Auction

The extensive recovery actions have been launched by the central Loan Recovery and Collection Department following a string of persistent payment defaults by multiple commercial and agricultural accounts. Despite receiving multiple verbal warnings, formal letters, and an initial twenty-one day public notification window, the associated borrowers have failed to square their accounts, prompting this final auction directive.

Regulatory Grace Period and Key Institutional Bidding Timelines

The state-owned agricultural lender has extended a final 35-day operational window from the publication date to give defaulting clients a final opportunity to secure their family lands.

Borrowers and their personal guarantors must clear all accrued principal, pending interest, and penalty charges within this specified timeframe to successfully release their assets from the bank registry.

If the accounts remain unpaid at the expiration of this grace period, the bank will move forward with the formal sealed-bid auction using these specific scheduling guidelines:

• Final Bid Submission Deadline: All confidential sealed offers must be hand-delivered by Asar 31, 2083 BS.
• Official Auction Date: The competitive bid evaluation process will take place concurrently on Asar 31, 2083 BS.
• Submission and Processing Hub: Bids must be formally delivered to the Agricultural Development Bank Branch Office in Bhairahawa, Rupandehi.
• Official Bid Opening Time: The administrative opening of all sealed proposals will begin exactly at 1:00 PM on the 36th day following the publication date.

The recovery department noted that if the final opening date happens to coincide with an official public holiday, the meeting will automatically shift to the next consecutive business day.

Additionally, the executive board retains the legal right to buy back the properties directly and place them into the corporate land inventory of the bank if the incoming public bids fall short of internal valuation benchmarks.

Comprehensive Profile of Defaulted Borrowers and Mortgaged Properties

The current multi-property auction combines five distinct credit accounts scattered across various rural and semi-urban hubs within the Rupandehi district.

The detailed asset data logs and corporate registries tracking each individual default case consist of these specific lines:

1. Gangotri Livestock Farm

Enterprise Owner: Tularam Yadav

Local Registration Hub: Siyari Rural Municipality, Rupandehi

Underlying Credit Line: Simple Agricultural Loan

Pledged Real Estate: Land plots located in Harnaiya, Rupandehi, registered under Kitta Numbers 629, 633, and 449 with surface areas measuring 0-6-10-0, 0-2-3-0, and 0-1-6-0 respectively.

Account Guarantors: Tularam Yadav, Bindu Yadav, and associated party members.

2. Ashok Jaiswal Liquor Store

Enterprise Owner: Ashok Kumar Kalwar

Local Registration Hub: Commerce Office, Bhairahawa, Rupandehi (Registry Number 31182/070/071)

Underlying Credit Line: Service Loan Facility (Reference Number 1598857)

Pledged Real Estate: Land asset owned by Mansila Kalwar located in Kamahariya, Rupandehi, Ward Number 09, under Kitta Number 1566 with a total area of 0-0-5-0.

Account Guarantors: Mansila Kalwar, Ajay Kumar Jaiswal, and associated partners.

3. Dipson Namuna Integrated Agriculture Farm

Enterprise Owner: Arjun Yadav

Local Registration Hub: Cottage and Small Industries Office, Siddharthanagar, Rupandehi (Registry Number 20742/077/078)

Underlying Credit Line: Concessional Loan Facility

Pledged Real Estate: Land plots located in Suryapura, Rupandehi, Ward Number 05, under Kitta Numbers 1076, 1078, and 1080 with areas measuring 0-10-15.5, 0-2-18, and 0-2-0.

Account Guarantors: Shashikala Kumari Yadav, Chandrashekhar Yadav, and associated individuals.

4. Gujarati (Individual Borrowing Account)

Associated Branch Office: Dayanagar Branch, Rupandehi

Underlying Credit Line: Simple Agricultural Loan

Pledged Real Estate: Large land plot situated in Manmateriya, Rupandehi, Ward Number 09, under Kitta Number 553, covering a large surface area of 3,685 square meters.

Account Guarantors: Jagadish Kewat and supporting family members.

5. Sirtaj Loniya (Individual Borrowing Account)

Residential Contact Address: Suryapura-07, Rupandehi

Underlying Credit Line: Concessional Loan Facility (Reference Number 1701271)

Pledged Real Estate: Land package situated in Suryapura-07, Rupandehi, under Kitta Number 257 with an exact area measurement of 0-10-0-0.

Account Guarantors: Ram Sevak Loniya and associated parties.

Strict Participation Terms, Security Deposits, and Post Auction Liabilities

To ensure a fair and transparent bidding environment, the head office has outlined rigid financial terms that every participant must follow.

These regulatory steps protect the interests of the bank and confirm that all incoming public bids represent genuine investment interest.

The operational terms and financial requirements governing this public auction feature:

• Official sealed bid forms must be purchased from an authorized branch counter by paying a non-refundable fee of Rs. 1,000.
• Bidders must attach an earnest cash deposit equivalent to at least 10% of their total proposed purchase offer.
• The 10% security deposit must be backed by an original bank voucher attached directly to the physical bid form.
• Winning participants must pay the remaining 90% balance within seven business days of receiving their official approval letter.
• If a winning bidder fails to pay the balance on time, their 10% earnest money deposit will be permanently forfeited.
• The buyer assumes full responsibility for all government taxes, registration costs, local revenue fees, and property transfer expenses.

The recovery team emphasizes that any applications that arrive late, remain incomplete, or present figures below the base valuation thresholds will face immediate rejection.

Additionally, if a defaulting borrower manages to pay off their total outstanding balance in full before the final auction approval is stamped, the bank reserves the right to cancel all public bids and return the 10% deposits to participants without any added penalties.

For More: ADBL Issues Collateral Auction