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AUCTION: Jewelry Against Gold Loans at NBP Qasba Gujrat Branch

Active Tender
Closing Date:
2026-10-02

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The National Bank of Pakistan, Qasba Gujrat Branch (0939), is announcing an auction of jewelry held as collateral against expired Gold Loans. Borrowers and their legal heirs who have not adjusted their loans or released their jewelry despite multiple contacts are hereby notified. The auction is scheduled for Friday, October 02, 2026 at 03:00 PM. Items being auctioned: - Jewelry pledged against Gold Loans for accounts including 6254075320 (Ghulam Mustafa), 6254075491 (Luqman Nawaz), 6254075311 (Muhammad Javed), 6254075713 (Muhammad Riaz), 6254075820 (Mohsin Raza), 6254075839 (Muhammad Nazim Khurshid), 6254075857 (Zakia Batool), 6254075875 (Azmat Sultana), 6254075517 (Qamar Hussain), 6254075526 (Muhammad Saeed), 6254075642 (Sultan Muhammad Zeeshan), 5254075885 (Zakia Batool), 5254075358 (Sultan Muhammad Zeeshan), 5254075536 (Ghulam Mustafa), 5254075803 (Muhammad Ejaz), 5513929202 (Uzma Nazar), 5513929622 (Riffat Sultana). The jewelry is located at various addresses in the Muzaffargarh and Gujrat districts, including Chah Bagh Ali Wala, P.O Peer Muhammad Musa Ahmad Bari M Garh, P.O Basti Shadi Khan Mohabat Suhrani, Basti Faqir Wala, P.O Basira Manon Madwan, P.O Mehmood Kot City, Panwar Shumali Tehsil Kot Adu, P.O Shadikhan Purana Qureshi, P.O Khas Qasba Gujrat Kot Adu, Chah Khaji Wala, P.O Khas Senawan Kot Adu, Basti Ari Kora Shah, P.O Qasba Gujrat Panwar, P.O Karam Dad Qureshi, Basti Chatani, Chah Sunaray Wala, Chah Iqbalabad Pati. Prospective bidders must deposit an earnest money of Rs. 10,000/- to participate. The successful bidder will be required to deposit 100% of the bid amount immediately or risk forfeiture of the earnest money and re-bidding. The auction is based on the information provided by the pledger; bidders should satisfy themselves regarding the weight and quality of the jewelry. The bank disclaims any warranty and reserves the right to refuse any offer without assigning reasons. Jewelry inspection is available at the bank premises during usual business hours by prior appointment. This auction provides a unique opportunity for interested parties to acquire valuable jewelry items. Bidders should ensure timely submission of earnest money and prepare for immediate payment upon winning the bid. Inspecting the jewelry beforehand is highly recommended to avoid any disputes. The auction will be conducted at the NBP Qasba Gujrat Branch, so bidders should plan their attendance accordingly.
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