AUCTION: Gold Jewellery Items Pledged by Defaulters at Qazi Mazloom Hussain Road Branch Lahore

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 an open auction of gold jewellery items pledged by defaulters at its Qazi Mazloom Hussain Road Branch, Lahore. This auction provides an opportunity for interested buyers to acquire various gold ornaments that were pledged as collateral by borrowers who have defaulted on their loans. The auction will be held at the branch premises, and all items will be sold to the highest bidders in accordance with the bank's auction policy. Items being auctioned: - 4 Bailiyan (7.1g) - 3 Tika, 6 Kante, 1 Nath, 1 Kanthi (24.9g) - 1 Kanthi, 2 Kante (12.1g) - 2 Kante, 1 Tika (9.5g) - 1 Kanthi, 2 Kante Broken, 1 Tika, 1 Nath (15.5g) - 1 Haar (21.0g) - 2 Karay, 2 Kante, 1 Ring (17.5g) - 2 Kanthi, 4 Kante (17.5g) - 4 Chooryian (32.5g) - 6 Kante, 1 Gani (18.7g) - 2 Kante, 1 Gani (8.7g) - 2 Bailiyan (3.3g) - 1 Kanthi with moti dori, 2 Kante, 1 Ring (18.65g) All items are described with their respective weights and details as per the bank's records. The auction is open to all eligible participants, and interested parties are encouraged to inspect the items prior to the auction date. Bidders must bring valid identification and deposit earnest money as per the bank's requirements. The successful bidders will be required to make payment immediately after the auction concludes. The auction will be conducted at the branch address: 159-B/M, Qazi Mazloom Hussain Road, Ichhra, 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 bidding begins.