NMB Bank Limited Demands Immediate Loan Settlement or Surrender of Collateral Vehicles Within 15 Days
▸ Part of: Banks Issue Strict Notices for Loan Recovery and Claim Submissions
NMB Bank Limited has issued an urgent 15-day public notification to borrowers who have defaulted on vehicle financing agreements. Borrowers must either settle their outstanding liabilities in full or surrender the pledged vehicles to avoid repossession and legal enforcement. This action follows extensive prior recovery efforts, including multiple reminders and a 35-day public repayment notice.
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