AUCTION: Gold Pledged Items at JS Bank Branches Nationwide October 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. JS Bank Limited invites interested parties to participate in the open auction of gold pledged items that have been held as collateral against defaulted loans at various JS Bank branches across Pakistan. This auction provides an opportunity for bidders to acquire gold ornaments and jewelry items that have been pledged by customers who have failed to repay their loans within the stipulated period. The auction will be conducted as per the schedule and terms outlined in the notice, and all items will be sold on an as-is-where-is basis. Items being auctioned: - Gold ornaments and jewelry pledged at JS Bank branches, with each lot identified by branch, account number, and pledged value. The detailed list includes hundreds of lots, such as: - Gold pledged at JS Bank, Saddar Branch, Karachi (various account numbers, pledged values ranging from PKR 200,000 to PKR 2,500,000) - Gold pledged at JS Bank, Gulshan-e-Iqbal Branch, Karachi (multiple lots, pledged values from PKR 300,000 to PKR 1,800,000) - Gold pledged at JS Bank, Lahore Main Branch (various lots, pledged values from PKR 250,000 to PKR 2,000,000) - Gold pledged at JS Bank, Multan, Hyderabad, Faisalabad, Rawalpindi, and other branches nationwide (full list in the notice) Each lot specifies the pledged value, branch, and account details. Bidders are encouraged to review the complete list in the notice for specific lot information. The auction is open to all eligible individuals and firms. Interested bidders must bring original CNIC and deposit earnest money as per the bank's requirements. The auction will be held at the respective branches on the dates mentioned, and successful bidders must pay the full amount immediately after the auction. All applicable taxes and duties will be borne by the successful bidder. Submission deadline for bids is 21 October 2026. For best results, visit the branch in advance to inspect the items and clarify any queries with the branch manager. This will help you make an informed bid and avoid surprises on auction day.