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Closing Date:
2026-10-07
2026-10-07
Tender Overview
- Category
- Asset Disposal & Auction / Metals & Scrap
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at Gold Loan Department, The Bank of Punjab, 159-B/M, Qasim Alam Interchange, Bahadurabad Chowk, Karachi
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Chief Manager Gold Loan Department
- Contact Phone
- 021-111-003-737
Actions
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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 Bank of Punjab is conducting an open auction of unclaimed gold jewellery items deposited as collateral by borrowers who have defaulted on their loans. This auction is being held at the branch located in Karachi, and is open to all interested parties who wish to participate in the bidding process for these valuable items. The auction provides an opportunity for individuals and businesses to acquire gold jewellery at competitive rates through a transparent process.
Items being auctioned:
- 1 Locket Chain 2 Kante (10.2g)
- 3 Kante 1 Ring (5.11g)
- 1 Mala 2 Kante 1 Ring (9.5g)
- 4 Kante with Nag (8.5g)
- 1 Kanthi 2 Kante 1 Ring (10.5g)
- 2 Rings (2.4g)
- 1 Ring 2 Tops (2.35g)
- 1 Ring 1 Koka (2.57g)
- 1 Ring 4 Tops with Waliyan (5.1g)
- 2 Kante 1 Nath Bima Lakh (5.25g)
- 2 Karay Broken (11.3g)
- 2 Tops Kante Broken (2.1g)
- 2 Kante (2.8g)
- 6 Kante 1 Kanthi 1 Tika (13.5g)
- 2 Waliyan (3.9g)
- 2 Waliyan 1 Ring (5.75g)
- 3 Rings 2 Kante (5.8g)
- 2 Kante 1 Ring (5.9g)
- Tika 1 (2.65g)
- Kante 2 Ring 1 Bindi 1 (3.1g)
- Kante 2 (7.5g)
- Karam Phool 2 Tika 1 (2.2g)
- Kante 2 (2.5g)
- 1 Mala 1 Locket Chain 2 Earrings (5.2g)
- 1 Locket 2 Baliyan (2.5g)
- 1 Ring (5.8g)
- 1 Mala 2 Rings 2 Earrings 2 Baliyan with moti (10.4g)
All items are listed with their respective weights and brief descriptions. The auction will be conducted as per the rules and regulations set by the bank, and all participants are required to bring valid identification and deposit earnest money as specified in the auction terms. The auction is open to the public, and the highest bidder for each lot will be awarded the item upon payment. Interested bidders should ensure they inspect the items prior to the auction date and clarify any queries with the bank's auction committee.
Bids must be submitted in person at the designated branch address by the closing date of 7th October 2026. For best results, bidders are advised to arrive early on the auction day to complete registration and review the items in detail.
