AUCTION: Gold Pledged Ornaments under Gold Loan Scheme at Lalyaan Branch

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Khushhali Microfinance Bank Limited is conducting an open auction for the sale of gold pledged ornaments under the Gold Loan Scheme at its Lalyaan branch, Punjab. This auction is being held to recover outstanding dues against defaulted gold loan accounts. Interested buyers are invited to participate in the auction process, which will take place on 5 October 2026 at the Lalyaan branch premises. Items being auctioned: - Gold pledged ornaments (2 cases) - Gross weight: 23.6 grams - Net weight: 17.50 grams - Branch: Lalyaan - Account holders: Muhammad Iqram (2 cases) The auction will be conducted as per the bank's policy and in accordance with relevant regulations. All gold items are being sold on an as-is-where-is basis. Prospective bidders are encouraged to inspect the gold ornaments at the branch during working hours prior to the auction date. Only those who deposit the required earnest money and fulfill the eligibility criteria will be allowed to participate. The successful bidder must pay the full bid amount immediately after the auction is concluded. In case of default, the earnest money will be forfeited. Bidders must bring their original CNIC and proof of deposit of earnest money to participate. The auction will be held at the Lalyaan branch, and the deadline for submission of bids is 5 October 2026. For further details, contact the branch at the numbers provided below. Tip: Arrive early on the auction day to inspect the gold items thoroughly and clarify any queries with the branch staff before bidding.