Global IME Bank Invites Sealed Bids For Auction Of Peugeot SUV

3rd August 2026, Kathmandu

Global IME Bank Limited has officially published a fifteen day public notice inviting sealed tender bids for the auction sale of a bank owned vehicle.

Global IME Invites Sealed Bids

The vehicle up for public auction is a luxury Peugeot GT Line 1.6 SUV, model 5008.

The vehicle carries the official registration number Ba 19 Cha 9996, also referenced under the registration code BAD 7149.

Interested individual buyers, commercial firms, registered companies, and corporate organizations are invited to submit their confidential financial bids within the stipulated submission window.

Inspection Location And Vehicle Condition

The Peugeot SUV is currently parked and available for physical inspection at the corporate premises of Global IME Bank located in Kamaladi, Kathmandu.

The bank has specified that the vehicle will be sold strictly on an as is, where is basis.

This condition means that prospective buyers are encouraged to inspect the vehicle thoroughly in person before submitting their bids.

The bank will not assume responsibility for any repairs, maintenance, or physical modifications after the sale process is finalized.

Bidding Timeline And Submission Window

The bidding process officially opens on August 4, 2026, which corresponds to Shrawan 18, 2083 in the Bikram Sambat calendar.

The final deadline for submitting completed sealed bids is August 19, 2026, corresponding to Bhadra 2, 2083.

All bids must be submitted within this fifteen day timeframe to be considered eligible for evaluation by the bank management.

Form Purchase And Administrative Guidelines

Prospective bidders can purchase the official sealed bid document directly from the General Services Department of Global IME Bank.

The department is located at the bank corporate office in Kamaladi, Kathmandu.

The official bid form is available upon payment of a non refundable application fee of NPR 1,000.

All applicants must complete the bid forms accurately and attach all required legal identification documents, company registration certificates, and tax compliance documents as specified in the tender document.

Terms Conditions And Bank Authority

The bank emphasized that detailed terms and conditions governing the vehicle auction are fully detailed within the official bid document.

Global IME Bank Limited reserves the absolute right to accept or reject any or all submitted bids without assigning any specific reason to the applicants.

The decision of the bank regarding the selection of the winning bid, valuation criteria, and final asset transfer will remain final and binding.

For further technical details, inspection appointments, or procedural inquiries, interested participants can contact the General Services Department at the corporate office in Kamaladi.

Overview Of The Auctioned Asset

The Peugeot GT Line 1.6 5008 is a premium crossover SUV engineered by the French automotive manufacturer Peugeot.

The model is known for its spacious interior layout, high end electronics, turbocharged engine performance, and advanced safety features.

In Nepal, premium imported SUVs from European manufacturers represent high value automotive assets in both primary and secondary markets.

The auction offers a unique commercial opportunity for automobile enthusiasts, private buyers, and corporate entities looking to acquire a European SUV through an official banking channel.

Banking Operations And Asset Liquidation Practices

Commercial banks in Nepal periodically conduct public auctions to manage and liquidate corporate owned vehicles, non banking assets, and recovered collateral properties.

These public auctions are conducted transparently in full alignment with the regulatory directives issued by Nepal Rastra Bank.

Public auctions ensure that state regulated financial institutions optimize their asset portfolios while maintaining strict financial governance and accountability.

Global IME Bank Limited operates an extensive nationwide network across all seven provinces of Nepal, providing comprehensive retail, corporate, and digital banking services.

By conducting structured public auctions through its General Services Department, the bank maintains operational efficiency and asset liquidity across its corporate operations.

Summary Of Auction Procedure For Prospective Applicants

The fifteen day auction notice for the Peugeot GT Line 1.6 5008 SUV opens on August 4, 2026, and closes on August 19, 2026.

Interested buyers must collect the tender documentation from the General Services Department in Kamaladi for NPR 1,000.

All submissions must be made before the deadline in sealed envelopes to ensure confidentiality and compliance with bank procedures.

Prospective participants are advised to inspect the vehicle at the Kamaladi parking facility during office hours before finalizing their financial bids.

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