AUCTION: Recovery Rights of Defaulted Agricultural Loans for Various Properties in District Khanewal and Lodhran

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. SME Bank Limited, through its Credit Operations Department, is inviting interested parties to participate in the open auction of recovery rights for defaulted agricultural loans against various properties located in District Khanewal and Lodhran. This auction is being conducted to recover outstanding dues from defaulters who have failed to repay their agricultural loans despite repeated notices and legal proceedings. The auction provides an opportunity for eligible bidders to acquire the right to recover these dues from the listed defaulters by participating in a transparent process managed by the bank. Items being auctioned: - Recovery rights for 2 Kante land, Mouza Chak No. 113/10R, Tehsil Jahanian, District Khanewal (Defaulter: Rashid Hussain, CNIC: 36101-5153989-5, Outstanding: 2.6) - Recovery rights for 2 Kante land, Mouza 357/3R, Board No. 1, District Khanewal (Defaulter: Irshad Ahmed, CNIC: 36103-0353510-8, Outstanding: 6) - Recovery rights for 2 Baliyan 1 Koka, Mouza Chak No. 63/10R, Tehsil Jahanian, District Khanewal (Defaulter: Muhammad Akbar, CNIC: 36304-5492728-3, Outstanding: 2.6) - Recovery rights for Kante 2, Kanthi 1, Ring 1, Mouza Chak No. 63/10R, Tehsil Jahanian, District Khanewal (Defaulter: Muhammad Yousaf, CNIC: 36302-1693772-9, Outstanding: 7) - Recovery rights for 2 Kante, Mouza 122P, Board No. 118P, District Lodhran (Defaulter: Misam Hussain, CNIC: 31303-1422019-3, Outstanding: 2.95) - Recovery rights for 1 Gani 2 Kante, Mouza Chak No. 63/10R, Tehsil Jahanian, District Khanewal (Defaulter: Allah Bakhsh, CNIC: 31303-8094478-1, Outstanding: 6.6) - Recovery rights for 2 Kante, Mouza 27WB, Tehsil Dunyapur, District Lodhran (Defaulter: Muhammad Irshad, CNIC: 36603-2031861-7, Outstanding: 7) Each lot corresponds to a specific defaulter and property, with the outstanding loan amount indicated. Bidders must review the details carefully and ensure compliance with all eligibility requirements. Participation is open to individuals and firms with relevant experience in recovery or asset management. Earnest Money and bid security requirements, if any, will be communicated at the time of bid submission. Interested parties should submit their sealed bids to the Credit Operations Department, SME Bank Limited, 159-B, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore, by the specified deadline. For further details, contact the department at 021-111-003-737. A practical tip: Visit the properties and verify the current status of the land and defaulters before bidding, as on-ground verification can help you assess the true recovery potential and avoid surprises after acquiring the rights.