AUCTION: Gold Jewellery Pledged by Loan Defaulters at Bank Al Habib Limited Lahore

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, Lahore, is conducting a public auction of gold jewellery items pledged by loan defaulters whose loans have not been repaid despite repeated notices. This auction provides an opportunity for interested buyers to acquire various gold ornaments at competitive rates. The auction will be held at the branch premises, and all items are being sold as per the details provided below. Items being auctioned: - 3 Choorian (25.3g) - 4 Rings 2 Chain Locket (28g) - 4 Earrings 1 Locket (7.5g) - Chain 1 Bracelet 1 Rings 3 (13.5g) - Gani 1 Kante 2 (5.5g) - 2 Rings (4g) - 2 Kante 3 Rings (4g) - Kante 1 Chain (20g) - Gani (4.5g) - 3 Rings 1 Chain (11.6g) - 2 Karyan 2 Gani 3 Rings (9.5g) - 4 Ballyan (0.5g) - 4 Rings 4 Kante (4.2g) - 8 Rings 20 Kante Tops 2 Chain Locket (9.5g) - 2 Rings (2g) - 4 Kante 1 Locket 1 Ring (19.5g) - 2 Rings 2 Kante (4g) - 2 Chooriyan (1.8g) - 1 Ring 2 Kante 1 Gani (5.1g) All items are described with their respective weights and details. The auction is open to the public, and interested parties are encouraged to inspect the items before bidding. The auction will be conducted in accordance with the bank's policies, and successful bidders must deposit the full amount immediately after the auction. Earnest Money or Pay Order may be required as per the auction terms. Bidders should bring valid identification and be prepared for on-the-spot payment. The auction will take place at Bank Al Habib Limited, 159-B/M, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore. For further details, contact the branch at 021-111-003-737. It is advisable for bidders to arrive early to inspect the items and clarify any queries regarding the auction process.