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NIC Asia Bank auctions mortgages of 150 borrowers at one go, who are they?

nabil bank

Kathmandu.  NIC Asia Bank has issued a 7-day notice for the second time for auctioning the mortgage of 150 defaulters. On Monday, the bank issued a seven-day notice to auction the collateral of 150 borrowers simultaneously.

The bank has 50 industries including Sachin Lama, Baral Training House, Ganga Ram Shrestha, B&B Creations, Kamala Kirana Store, Bijay KC Khatri, Arya Enterprises, SGM Control and Switch Gear Industry. TAG_OPEN_div_47

TAG_OPEN_div_45 The bank had earlier published a 15-day notice for the mortgage auction. The notice was published again for seven days after the sale could not be done. If the mortgage is not auctioned even within seven days of the publication of the notice for the second time, then the bank will have to accept the non-banking property.

Since most of the loan TAG_OPEN_div_43 s invested by NIC Asia Bank are small, the collateral auctioned by the bank is also of small value. The bank has already published a 15-day notice of collateral auction after the borrower failed to repay the loan despite repeated verbal notices and 35 days notice to repay the loan. ।

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sikhar insurance

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