AUCTION: Gold Jewellery Pledged by Defaulters at National Bank of Pakistan Model Town 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. National Bank of Pakistan is conducting an open auction of gold jewellery pledged by defaulters at its Model Town branch in Lahore. This auction provides an opportunity for interested buyers to acquire various gold items 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 bidder in accordance with the bank's policies and relevant regulations. Items being auctioned: - Kanthi 4, Kante 1, Chain Locket 1, Ring (18.5 tola) - Locket 2, Rings 2, Kante (4.92 tola) - Nath 1, Tika (4.12 tola) - Ring (7.91 tola) - Baiyan 2 (3.05 tola) - Mala 2, Kante (3.25 tola) - Wali (3.25 tola) - Kanthi 2, Kante (7 tola) - Kante 2 (4.1 tola) - King 1 (3.25 tola) - Kante 2, Tika (14.9 tola) - Kante 1, Gani 1, Ring (14.95 tola) - Kante 10, Rings 2 (18.51 tola) - Ring (2.62 tola) - Chala 1, Chain 2, Kante (3.25 tola) - Waliyan 4 (2.65 tola) - Tika 1 (2.1 tola) - Karam Phool 2 (3.25 tola) - Kante 2 (5.1 tola) - Kante 2 (2.69 tola) Each item is listed with its respective weight in tolas and unique identification number. Interested parties are encouraged to inspect the items prior to the auction date. The auction will be conducted in a transparent manner, and all participants must bring valid identification and deposit the required earnest money as per the bank's instructions. Successful bidders will be required to make payment via pay order or bank draft immediately after the auction. Bidders should ensure they arrive early to complete registration and review the auction terms. A practical tip: bring a certified jeweller if you wish to verify the gold quality on-site, as all sales are final and items are sold as-is. For further details, contact the branch office at the number provided below.