AUCTION: Unclaimed Gold Jewellery Items at Bank Branches Karachi 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. BankIslami Pakistan Limited is conducting an open auction of unclaimed gold jewellery items deposited as collateral by loan defaulters at its branches in Karachi. This auction provides an opportunity for interested bidders to acquire various gold ornaments that have remained unclaimed despite repeated notices to the original borrowers. The auction will be held at the bank's designated recovery office in Karachi, and all items will be sold to the highest bidders as per the bank's policy and relevant regulations. Items being auctioned: - 1 Kara 1 Ring (12 tola) - 2 Karay 1 Ring (18.3 tola) - 2 Karay 2 Kante 1 Chain (16 tola) - 2 Kante 2 Rings (3 tola) - 1 Kara 2 Kante with Sahayre (Broken) (10.8 tola) - 2 Waliyan broken (7 tola) - 8 Baliyans (7 tola) - 2 Ganiyan 4 Kante (16 tola) - 6 Kante 2 Chain 1 Ring 1 Bracelet (10 tola) - 1 Mala 2 Kante 2 Rings (5.1 tola) - 3 Chooryan (5.5 tola) - 3 Rings 12 Kante 1 Mala (23.3 tola) - 4 Baliyans 2 Kante 1 Ring 1 Gani (8.5 tola) - 1 Chain 2 Baliyans (12.8 tola) - 4 Kante 1 Ring (8.8 tola) - 1 Chain Locket 6 Kante 2 Rings (10.15 tola) - 8 Kante bali with moti 2 Rings 1 Locket (11.2 tola) - 1 Kara lakh wali Mala 2 Tops 2 Rings (18.7 tola) - 01 Gani 02 Kante (6.3 tola) - 1 Gani (4.1 tola) - 4 Kante 1 Mala 1 Ring (10.2 tola) - 4 Chooryan (22 tola) - 2 Kante 3 Rings 2 Tops 1 Chain (11.4 tola) - 2 Karay (12.1 tola) All items are described in detail with their respective weights and identification numbers. The auction is open to all eligible bidders who can provide valid identification and meet the bank's terms and conditions. Bidders are required to deposit Earnest Money as specified by the bank before participating in the auction. The auction will be conducted transparently, and successful bidders must make full payment immediately after the auction concludes. Interested parties should visit the bank's recovery office at 159-B/M, BankIslami Pakistan Limited, Gulzar-e-Hijri, Scheme 33, Karachi, for inspection of items and further details. The last date for participation is 2026-10-06. For queries, contact the bank at 021-111-003-737. A practical tip: Arrive early on the auction day to inspect the jewellery items in person and verify their condition, as all sales are final and items are sold on an as-is basis.