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AUCTION: Gold Ornaments and Pledged Jewellery at U Microfinance Bank Branches (September 2026)
Active Tender
Closing Date:
2026-09-21
2026-09-21
Tender Overview
- Category
- Asset Disposal & Auction
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at U Microfinance Bank Head Office, G-8/4, Islamabad
- Source Name
- Newspaper
Location & Dates
- City
- Islamabad
- Province
- Islamabad Capital Territory
- Country
- Pakistan
- Publish Date
- 2026-09-10
- Closing Date
- 2026-09-21
- Created At
- 2026-09-10 08:22:58
Contact & Websites
- Contact Person
- Head Office, U Microfinance Bank Limited
- Contact Phone
- 051-111-282-265
Actions
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Tender Document

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.
U Microfinance Bank Limited is conducting a public auction of gold ornaments and pledged jewellery items that have been legally forfeited due to non-payment of loans by customers. The auction will be held at the U Bank Head Office, Islamabad, on 21 September 2026 at 11:00 AM. Interested buyers and gold dealers are invited to participate in this transparent process, where items will be sold to the highest bidder in accordance with the bank's policies and relevant legal provisions.
Items being auctioned:
- Gold ornaments pledged by customers at the following U Bank branches:
- Gojra Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Toba Tek Singh Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Toba Tek Singh Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Toba Tek Singh Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Toba Tek Singh Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Toba Tek Singh Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Shahbaz, son of Muhammad Bashir
- Faisalabad Branch: Gold pledged by Muhammad Irshad, son of Muhammad Bashir
All items will be available for inspection before the auction at the respective branches. Bidders must bring valid CNIC and deposit the required earnest money as per bank policy. The auction will be conducted in a transparent manner, and successful bidders must pay the full amount immediately after the auction. For further details, contact the Head Office at the address below or call the provided number.
Tip: Arrive early on auction day to inspect the gold items and clarify any queries with the bank officials before bidding begins.
