Kumari Bank Leasehold Property Sale Across Multiple Branches

8th January 2026, Kathmandu

Kumari Bank Limited has initiated a significant asset divestment process as part of its broader branch consolidation and operational restructuring strategy. The bank has officially invited sealed quotations for the sale of its leasehold properties along with furniture, fixtures, and other office equipment from several of its consolidated or recently closed branches and extension counters. This announcement represents a strategic move by the bank to optimize its physical infrastructure following its merger activities, while offering a unique opportunity for businesses and individuals to acquire prime commercial assets across Nepal.

Kumari Bank Leasehold Property

The initiative follows the bank s notices of branch and extension counter mergers issued in late December 2025 and early January 2026. By offloading these assets, Kumari Bank aims to reduce maintenance costs on idle properties and redirect resources toward its digital banking transformation and core operational hubs.

Geographic Reach of the Asset Sale

The sale covers a wide array of branches and extension counters located in major urban centers and high traffic commercial zones. This broad geographic distribution ensures that interested buyers from different parts of the country can participate in the auction.

Key locations where assets are available for sale include:

Kathmandu Valley: Branches and counters in Tangal, Janbahal, Maharajgunj, Samakhushi, Kuleshwor, Tahachal, Baneshwor, Basundhara, Shifal, Balkhu, Jaisidewal, Balaju, and Chhauni.

Pokhara: Main Branch, Buspark area, and Banjhapatan.

Other Major Cities: Targeted locations in Lalitpur (Patimachok), Biratnagar, Bharatpur, and Birgunj.

The availability of these leasehold spaces in such well established areas makes them highly attractive for other financial institutions, insurance companies, cooperatives, and corporate entities looking to establish a presence without the long lead times of a new build out.

Guidelines for Quotation Submission

Kumari Bank has established a clear and transparent process for submitting bids. The bank emphasizes that all items, including furniture and fixtures, are being sold on an “as is, where is” basis, meaning buyers should conduct their own inspections prior to bidding.

Timeline: Interested parties must submit their sealed quotations within 15 days of the notice publication (by mid January 2026).

Submission Points: Bids can be submitted directly to the General Administration Department (GAD) at the Kumari Bank Head Office in Tangal, Kathmandu, or at the specific branch offices where the assets are located.

Eligibility: The sale is open to a wide range of participants, including individual citizens, registered firms, companies, and other licensed financial or social institutions.

Selection Criteria: While price is a major factor, the bank maintains the right to accept or reject any bid based on its internal evaluation and asset management policies.

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Strategic Significance of Branch Consolidation

The sale of these assets is a direct result of Kumari Bank s effort to streamline its massive network, which reached over 300 points of representation following its historic merger with Nepal Credit and Commerce (NCC) Bank. Consolidation allows the bank to eliminate “overlapping” branches that are situated in close proximity to one another, thereby improving the bank s cost to income ratio and enhancing service efficiency at the remaining flagship locations.

For the market, this move provides secondary access to high quality office interior assets and prime commercial leaseholds that are often difficult to secure in saturated urban markets like Baneshwor or Maharajgunj.

Asset Inventory and Condition

The inventory being liquidated typically includes a variety of bank grade office equipment such as:

Modular Furniture: Teller counters, manager desks, visitor chairs, and file cabinets.

Fixtures: Air conditioning units, lighting systems, and security partitions.

Leasehold Improvements: Prefabricated cabins, false ceilings, and flooring that were part of the bank s branch design.

Potential buyers are encouraged to visit the sites during banking hours to assess the condition of these assets. Since these items were part of active banking operations until recently, most are expected to be in good working condition, offering significant savings compared to purchasing new equipment.

Contact and Further Inquiries

To facilitate a smooth transaction, Kumari Bank has dedicated its General Administration Department to handle all related queries. Prospective bidders can obtain detailed lists of assets and property specifications by reaching out through the following channels:

Office: General Administration Department, Tangal, Kathmandu.

Telephone: +977-1-4543075, 4543079.

Email: [email protected].

Official Website: www.kumaribank.com/notice.

Conclusion

The current asset sale by Kumari Bank Limited is a milestone in the bank’s post merger integration journey. By opening up its leasehold properties and office assets to the public, the bank is demonstrating a commitment to transparent asset management and commercial pragmatism. For entrepreneurs and institutional buyers, the 15 day window provides a rare chance to acquire premium commercial infrastructure in Nepal’s most vibrant economic hubs. As the bank moves toward a more “digital first” future, these physical assets are now ready to serve the next generation of businesses in Kathmandu, Pokhara, and beyond.

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