National Microfinance Financial Institution Limited has issued a 35-day public notice urging borrowers to repay outstanding loans taken from various branches.

The institution has stated that this is the final opportunity for borrowers and guarantors who have failed to repay principal and interest for an extended period.

According to the notice, if the loan is not settled within 35 days from the date of publication, the collateral will be auctioned.

Additionally, the names of borrowers and guarantors will be included in the Credit Information Center’s blacklist.

The institution stated that strict recovery measures are being implemented to ensure financial discipline and reduce non-performing loans.