Nepal SBI Bank Announces Auction Sale of Fixed Assets and Vehicles via Sealed Bid Tender

26th May 2026, Kathmandu

Nepal SBI Bank Limited has issued an official public notice announcing the auction sale of its unused fixed assets and corporate vehicles through a competitive sealed bid closed tender process. The financial institution is offering these selected properties and transport assets to the public as part of its periodic asset management and optimization cycle.

Nepal SBI Bank Auction

According to the official announcement published on Jestha 12 2083 the bank will liquidate the listed properties and vehicles strictly in their existing condition following the standard as is where is basis rule. This process allows interested individuals registered organizations private firms or public companies to place competitive offers under clear structural terms and conditions.

Timeline and Submission Venue for Sealed Bids

Prospective purchasers who want to participate in this secondary asset liquidation must compile and submit their formal tender proposals within a strict timeline of 15 days from the initial publication date of the notice. The bank has emphasized that late entries or unsealed documents will be automatically disqualified from the review process.

All completed bid packets must be delivered physically to the General Services Department located at the main central corporate head office of Nepal SBI Bank Limited in Kamaladi Kathmandu. The administrative staff at the department will receive record and store the submissions securely until the formal opening session begins.

Location and Condition of Listed Fixed Assets

The fixed assets put forward for liquidation in this round consist of internal interior decoration materials and structural items. These materials were previously utilized to run corporate banking operations at the institutional extension facilities.

The current physical location of these interior assets is at the IVSC Extension Counter situated in the Lainchaur area of Kathmandu. Serious bidders are encouraged to coordinate with the bank property management team to inspect the physical quality and volume of these internal decoration materials before drafting their valuation figures.

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Specifications and Registration Data for Auction Vehicles

The asset portfolio includes three distinct passenger automobiles that have completed their service tenures within the corporate fleet. All the listed vehicles are currently parked and secured at the bank main head office grounds in Kathmandu where they are available for physical evaluation by prospective buyers during designated office working hours.

The first automobile offered is a Suzuki Wagon R model manufactured in the year 2008 and registered under the official number Ba 6 Cha 7386. The second entry is another Suzuki Wagon R unit from the same 2008 manufacturing batch carrying the regional registration number Na 2 Cha 1270. The final vehicle in the inventory is a Hyundai Santro hatchback model year 2008 which bears the license plate Ba 6 Cha 3935.

Compliance Framework and Bidder Responsibilities

Interested bidders must make sure that their final submission documents align with every specific clause and financial earnest deposit mandate outlined in the official notification workbook. Because the sales are bound by the absolute as is condition rule the financial institution will not entertain subsequent complaints regarding operational defects mechanical wear or cosmetic imperfections after the bids are unlocked.

Purchasers are individually responsible for verifying any back taxes registration renewals or clear transfer requirements associated with the transportation assets before submitting their final valuations. The bank requires strict compliance to ensure that all administrative steps go smoothly without any future disputes.

Ensuring Transparency in Institutional Asset Disposal

Nepal SBI Bank Limited added that the execution of this open tender auction is structured to guarantee absolute transparency throughout the disposal of unused corporate properties. Selling off redundant capital items helps the commercial banking firm recover baseline residual value while keeping asset records perfectly aligned with local regulations and internal policies.

The cash generated from the successful bidding cycle will be credited back into the corporate account to optimize overall capital placement. For detailed information regarding tender document fees specific evaluation schedules or direct access to the vehicle yards interested buyers can contact the General Services Department at the Kamaladi head office directly.

For More: Nepal SBI Bank Auction