Himalayan Bank Limited Issues Auction Notice for Mortgaged Assets

24th August 2026, Kathmandu

Himalayan Bank Limited has announced a sealed-bid auction of movable and immovable properties pledged as collateral against loans extended by the bank.

Himalayan Bank Auction Notice

The notice was issued by the Loan Recovery Department of Himalayan Bank Limited, Kamaladi, Kathmandu, after the borrower failed to clear outstanding principal and interest liabilities despite repeated formal notices and reminders. The auction will proceed under prevailing banking laws and loan agreement conditions.

Borrower and Guarantor Details

• Branch: Kalimati Branch, Kathmandu
• Borrower: Broad Link Network and Communication Public Limited
• Directors / Personal Guarantors: Binod Bhattarai (Sharma), Rudradatta Gautam, and Raj Prasad Rijal

Mortgaged Collateral Details

The auction includes land and property assets located in Lalitpur District:

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• Land situated in Lalitpur Metropolitan City, Ward No. 2, comprising specified plot numbers and land areas.

Property registered under the name of Shyam Prasad Timilsina, located in Lalitpur Metropolitan City, Ward No. 10, including land under specified plot numbers and areas.

Sealed-Bid Process and Key Deadlines

• Application & Form Availability: Interested individuals, firms, companies, institutions, guarantors, and eligible parties can collect and submit bid forms at the Kalimati Branch Office, Kathmandu.
• Bid Submission Deadline: 2083/05/22 (September 7, 2026) during official office hours.
• Bid Opening Date & Time: 2083/05/24 (September 9, 2026) at 2:00 PM.
• Venue: Kalimati Branch Office, Kathmandu.

Terms and Conditions

All submitted bids must comply with the terms specified in the bank application form. Himalayan Bank reserves the right to accept or reject any or all bids in accordance with its internal procedures and applicable recovery regulations. If the properties are not sold through this sealed-bid process, the bank may initiate further legal recovery measures.

For More: Himalayan Bank Auction Notice