AUCTION: Gold Jewellery Pledged as Security at Khushhali Microfinance Bank Nasirabad Branch

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Khushhali Microfinance Bank Limited, Nasirabad Branch, is conducting an open auction for gold jewellery pledged as security against defaulted loans. This auction provides an opportunity for interested buyers to acquire gold ornaments that have been pledged by borrowers who have failed to repay their loans. The auction will be held at the Nasirabad branch, and all items will be sold as per the details provided below. Items being auctioned: - Lot 1: 2 tola bangles (Rajin s/o Muhammad Qasim), total weight 6.80g, net gold weight 4.45g, location: Hindu Mohalla, Nasirabad Branch - Lot 2: 2 tola bangles, 1 tola ring (Sikandar s/o Rasool Bakhsh), total weight 38.50g, net gold weight 9.50g, location: Qasimabad, Nasirabad, Road Latifabad - Lot 3: 2 tola bangles, 1 tola ring, 2 tola earrings (Sajid Hussain s/o Abid, Hussain Sipahani), total weight 23.90g, net gold weight 11.90g, location: Qasimabad, Nasirabad, Qambar Shahdadkot All pledged gold items will be auctioned in accordance with the bank's recovery policy. The auction will be conducted transparently, and the highest bidder for each lot will be declared the successful purchaser. Interested parties must ensure they have the required earnest money and valid identification at the time of bidding. The auction is open to the public, and all gold items will be available for inspection prior to the auction date. Bidders are advised to carefully review the gold weights and item details before participating. The last date for settlement by the original borrowers is 07 September 2026; if payment is not made by this deadline, the pledged gold will be auctioned without further notice. For further information, contact the branch manager at the numbers provided below. A practical tip: Arrive early on auction day to inspect the gold items and clarify any queries with the bank staff to ensure a smooth bidding process.