AUCTION: Gold Ornaments and Pledged Assets at U Microfinance Bank Branches Chakwal Region

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 assets at various branches in the Chakwal region. This auction is being held to recover outstanding loan amounts against defaulted borrowers. The auction will take place on 11 November 2026 at 11:00 AM at the respective branches. Interested bidders are invited to participate and must deposit 10 percent of the bid amount as earnest money on the spot. The auction will be conducted in accordance with the bank's policies and relevant legal requirements. Items being auctioned: - Gold ornaments and pledged assets at the following branches and locations: - Chakwal Branch: Gold pledged by various borrowers - Talagang Branch: Gold pledged by various borrowers - Kallar Kahar Branch: Gold pledged by various borrowers - Choa Saidan Shah Branch: Gold pledged by various borrowers - Lawa Branch: Gold pledged by various borrowers - Dhudial Branch: Gold pledged by various borrowers - Balkasar Branch: Gold pledged by various borrowers - Basharat Branch: Gold pledged by various borrowers - Dandot Branch: Gold pledged by various borrowers - Daultala Branch: Gold pledged by various borrowers - Dhermond Branch: Gold pledged by various borrowers - Dhok Talian Branch: Gold pledged by various borrowers - Dulmial Branch: Gold pledged by various borrowers - Jand Awan Branch: Gold pledged by various borrowers - Karsal Branch: Gold pledged by various borrowers - Khanpur Branch: Gold pledged by various borrowers - Kot Qazi Branch: Gold pledged by various borrowers - Mulhal Mughlan Branch: Gold pledged by various borrowers - Neela Branch: Gold pledged by various borrowers - Pira Fatehial Branch: Gold pledged by various borrowers - Saghar Branch: Gold pledged by various borrowers - Tamman Branch: Gold pledged by various borrowers - Thoa Mehram Khan Branch: Gold pledged by various borrowers - Waulah Branch: Gold pledged by various borrowers All items are being auctioned as per the details available at the respective branches. Interested parties should visit the relevant branch to inspect the gold and pledged assets prior to the auction date. Bidders must bring valid CNIC and be prepared to deposit the required earnest money. The highest bidder will be awarded the lot, subject to fulfillment of all terms and conditions. The auction committee reserves the right to accept or reject any bid without assigning any reason. A practical tip: Visit the branch a day before the auction to inspect the gold items and clarify any queries regarding documentation or payment procedures. This will help you make an informed bid and avoid last-minute issues.