AUCTION: Gold Ornaments Unclaimed by U Microfinance Bank Branches Islamabad 2026

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 an open auction of unclaimed gold ornaments that have been pledged as collateral against loans and have not been reclaimed by the borrowers within the stipulated period. The auction will take place at the U Bank Head Office, Islamabad, on 14 February 2026 at 11:00 AM. This is an excellent opportunity for interested buyers and gold dealers to acquire gold ornaments through a transparent and competitive process. Items being auctioned: - Gold ornaments pledged at U Bank Branch, G-8/4, Islamabad - Gold ornaments pledged at U Bank Branch, G-9 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, G-10 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, G-11 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, G-13 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, G-15 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, F-10 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, F-11 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, I-8 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, I-9 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, I-10 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, I-11 Markaz, Islamabad - Gold ornaments pledged at U Bank Branch, Blue Area, Islamabad - Gold ornaments pledged at U Bank Branch, Bara Kahu, Islamabad - Gold ornaments pledged at U Bank Branch, Tarnol, Islamabad - Gold ornaments pledged at U Bank Branch, Rawat, Islamabad The auction will be conducted in accordance with the bank's standard procedures. Interested participants must deposit a refundable earnest money of 10 percent of the bid amount in the form of pay order or CDR before the auction begins. All gold items will be available for inspection prior to the auction. Only those who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate. The successful bidders must pay the full amount within the specified time after the auction. For further details, visit the U Bank Head Office or contact the provided phone number. A practical tip: Arrive early on the auction day to inspect the gold items thoroughly and ensure your earnest money is ready to avoid any last-minute issues.