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AUCTION: Gold Ornaments Pledged Against Loan Account CNIC 42401-7270148-2 at Halan Microfinance Bank Branch 11 September, Hyderabad

Active Tender
Closing Date:
2026-10-16

Tender Document

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. Halan Microfinance Bank, Branch 11 September, Hyderabad, is conducting a public auction of gold ornaments pledged against loan account CNIC No. 42401-7270148-2. The auction will take place at the branch premises on 16 October 2026 at 11:00 AM. This auction is being held due to non-payment of the loan by the account holder, and the pledged gold will be sold to recover the outstanding dues. Interested buyers are invited to participate in the auction process as per the bank's terms and conditions. Items being auctioned: - Gold ornaments pledged against loan account CNIC No. 42401-7270148-2, total weight 145 grams (as per the notice) The gold will be sold as a single lot, and the successful bidder will be required to pay the full bid amount immediately after the auction. The auction is open to the public, and all interested parties must bring their original CNIC for participation. The gold ornaments can be inspected at the branch on 16 October 2026 from 10:00 AM to 11:00 AM, just before the auction begins. Earnest money or security deposit requirements, if any, are not specified in the notice. Bidders are advised to arrive early for registration and to carefully inspect the gold before bidding. The auction will be conducted in accordance with the bank's policies, and the decision of the auction committee will be final. For further details, contact the branch during working hours. A practical tip: Bring your own gold testing kit if you wish to verify the quality of the ornaments before bidding, as the bank may not provide detailed purity certificates on site.
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