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AUCTION: Gold Jewellery Pledged by Defaulters at Greate Trunk Road Branch Bahadur Chowk Lahore

Active Tender
Closing Date:
2026-11-07

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Bank of Punjab is conducting a public auction of gold jewellery items pledged by loan defaulters at its Greate Trunk Road Branch, Bahadur Chowk, Lahore. This auction provides an opportunity for interested buyers to acquire various gold ornaments that were held as collateral against defaulted loans. The auction will be held at the branch premises, and all items will be sold to the highest bidder as per the bank's terms and conditions. Items being auctioned: - 6 Waliyan 2 Rings (14.2g) - 6 Baliyan (4.5g) - 1 Kara Bama Lakh (4.5g) - 4 Rings 2 Kante (4g) - 2 Waliyan (2.55g) - 1 Haar 2 Kante (24.5g) - 1 Kanthi (2.5g) - 1 Kara (6.6g) - Kante 2 Waliyan 2 Tika 1 Locket 1 (14.6g) - Kante 2 Baby Ring 1 (3g) - 1 Kara (4g) - 4 Jhumke Bama Moti (19g) - 2 Karay Bama Lakh (18.75g) - 2 Kante (9g) - 4 Kante (9g) - 1 Locket Bama Moti 2 Kante Bama Moti 1 Tika Bama Moti 1 Ring (9.5g) - 9 Waliyan 1 Ring (17.7g) - 2 Tika (5.6g) - 4 Baliyan 2 Nath Tika (11.8g) All items are described with their respective weights in grams. The auction is open to the public, and interested parties are encouraged to inspect the items prior to bidding. Bidders must bring valid identification and be prepared to deposit earnest money as per the bank's requirements. The auction will be conducted in accordance with the bank's policies, and successful bidders must make payment immediately after the auction concludes. The auction will be held at Greate Trunk Road Branch, Bahadur Chowk, Lahore. For further details, contact the branch at 021-111-003-737. It is advisable for bidders to arrive early to complete registration and review the items before the auction begins.
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