Sanima Bank Limited Issues 21 Day Notice for Auction Sale of Mortgaged Collateral
27th August 2026, Kathmandu
Sanima Bank Limited has published a 21 day public notice announcing the auction sale of mortgaged land and structures pledged as collateral for an unpaid loan.
Sanima Bank Auction Notice
The notice was officially published on Bhadra 11 2083 BS.
Borrower and Property Details
Borrower Identity: Aacharya Khadya Tatha Gas Store, registered under the Ministry of Industry Commerce and Supplies, Department of Commerce Supplies and Consumer Protection.
Guarantor and Owner: Netra Prasad Acharya is listed as the individual guarantor, with the pledged property registered under his name.
Property Location and Size: Located in Morang district, the property consists of land measuring approximately 364.82 square meters along with all integrated structures.
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Terms and Conditions for Bidders
Form Procurement: Bid forms can be collected from Sanima Bank Central Office in Naxal Kathmandu or its designated branch offices.
Application Fee: A non refundable fee of NPR 500 must be paid to purchase the bid form.
Bid Deposit: Applicants are required to deposit 10 percent of their total offered bid amount as earnest money into the bank designated account.
Proposal Bidding: The bid amount must be clearly stated in both figures and words. Forms submitted late or without required documentation will be rejected.
Auction Opening Schedule and Venue
- Auction Date: Ashwin 2 2083 BS.
- Auction Time: 3:00 PM.
- Venue: Sanima Bank Limited, Central Office, Naxal, Kathmandu.
Settlement Provision: If the borrower settles the outstanding loan balance in full prior to the auction date, the bank may halt the auction process. Interested buyers are advised to inspect the physical condition and legal status of the property beforehand.
For More: Sanima Bank Auction Notice
