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AUCTION: Gold Jewellery Items from Defaulters at Credit Department, Bank AL Habib Limited Karachi

Tender No: 42401-6313927-2
Expired Tender
Closing Date:
2024-06-20

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. Bank Al Habib Limited is conducting an auction of pledged gold jewellery items belonging to loan defaulters at its Credit Department in Karachi. This auction provides an opportunity for interested parties to acquire various gold ornaments that were pledged as collateral by borrowers who have defaulted on their obligations. The auction will be held at the bank's premises, and all items are being sold as per the details provided below. Items being auctioned: - 1 Chain (2.9 tola, Account No. 42201-9641122-7) - 1 Chain, 1 Locket, 1 Bangle (21.8 tola, Account No. 36302-3595832-5) - 2 Ring, 2 Bunde (3.5 tola, Account No. 42501-4050155-2) - 2 Chooryan (2.9 tola, Account No. 42401-6165680-7) - 1 Haar (3.91 tola, Account No. 42401-6313927-2) All items are available for inspection at the Credit Department, 9th Floor, Shahrah-e-Faisal Branch, Bank Al Habib Limited, Karachi. Interested bidders must ensure they meet the eligibility criteria and comply with the auction terms and conditions. Earnest Money or Pay Order may be required as per the bank's policy. The auction is open to the public, and the highest bidder for each lot will be awarded the respective item, subject to final approval by the bank. Bidders are advised to bring valid identification and be prepared for on-the-spot payment if successful. The deadline for participation is bold 20 June 2024 bold. For further details, contact the Credit Department at the number provided below. A practical tip: Arrive early to inspect the items thoroughly and clarify any queries regarding the auction process with the bank's staff before bidding.
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