AUCTION: Gold Ornaments Pledged as Collateral at Khushhali Microfinance Bank Branch Larkana

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, Branch Larkana, is inviting bids for the auction of gold ornaments that were pledged as collateral by borrowers who have defaulted on their loan repayments. The auction is being conducted in accordance with the bank's policy to recover outstanding dues against these pledged assets. Interested parties are encouraged to participate in this open auction, which will be held at the Khushhali Microfinance Bank, Larkana branch. Items being auctioned: - 1 Haar (total weight: 35.00 tola, net weight: 7.500 tola) - 2 Tikka (total weight: 7.100 tola, net weight: 1.500 tola) The pledged gold belongs to Sikandar Ali Chucho, son of Roshan Ali Chucho, and is currently held at the Larkana branch. The auction will be conducted on 31 August 2026. All interested bidders must ensure their presence at the branch on the specified date and time to participate in the bidding process. The successful bidder will be required to pay the full bid amount immediately upon conclusion of the auction. If the pledged gold is not sold at the reserve price, the bank reserves the right to re-auction the items or take further action as per its policy. Eligibility to participate is open to all interested individuals and entities. Bidders are advised to bring valid identification and be prepared to deposit the earnest money as per the bank's requirements. For further details, contact the branch manager at the numbers provided below. A practical tip: Arrive early on the auction day to inspect the gold items and clarify any queries with the bank staff before bidding begins. This will help you make an informed decision and avoid last-minute confusion. For more information, contact Khushhali Microfinance Bank Limited, Larkana branch.