AUCTION: Gold Pledged Items from Defaulter Borrowers at Bank Branches Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Bank of Punjab is conducting an open auction of gold pledged items belonging to defaulter borrowers at its various branches in Lahore. This auction provides an opportunity for interested buyers to acquire gold jewelry items that were pledged as collateral and are now being disposed of due to non-payment of loans. The auction will be held at the bank's designated location, and all items will be sold to the highest bidder in accordance with the bank's policies and relevant regulations. Items being auctioned: - 3 Choorian (25.3g) - 4 Rings 2 Chain Locket (28g) - 4 Earrings 1 Locket (4.5g) - Chain 1 Bracelet 1 Rings 3 (13.5g) - Gani 1 Kante 2 (5.5g) - 2 Rings (4g) - 2 Kante 3 Rings (5.5g) - 1 Kante 1 Chain (20g) - Gani (4.5g) - 3 Rings 1 Chain (11.6g) - 2 Kante 3 Rings (40.5g) - 4 Baliyan (9g) - 4 Rings 4 Kante (4.2g) - 8 Rings 20 Kante Tops 2 Chain Locket (35g) - 2 Rings (4g) - 4 Kante 1 Locket 1 Ring (19.5g) - 2 Rings 2 Kante (5.5g) - 2 Chooriyan (10g) - 1 Ring 2 Kante 1 Gani (5.1g) All items are described with their respective weights and details as per the official list. Interested parties must ensure they inspect the items prior to bidding, as all sales will be on an as-is basis. Participation requires submission of valid identification and compliance with the bank's auction terms. Earnest money or a pay order may be required as per the auction rules. The auction will be held at the Bank of Punjab, Model Town Extension Branch, Lahore. For further details, contact the provided phone number. Bidders are advised to arrive early to complete registration and review the items. A practical tip: bring your CNIC and sufficient funds for earnest money to avoid delays during the registration process.