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AUCTION: Unclaimed Gold Jewellery Items at Bank Branches Karachi

Expired Tender
Closing Date:
2024-07-18

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 Limited is conducting an open auction of unclaimed gold jewellery items deposited as security against loans at various branches in Karachi. This auction provides an opportunity for interested bidders to acquire a diverse range of gold ornaments that have remained unclaimed by borrowers despite repeated notices. The auction will be held at the bank's designated location in Karachi, and all items will be sold to the highest bidders as per the bank's auction policy. Items being auctioned: - 2 Mala 2 Rings 1 Locket with Chain 6 Kante 6 Baliyan 2 Tops (39.6g) - 1 Gani 1 Mala 4 Kante 2 Rings (29.1g) - 4 Rings 4 Kante 2 Baliyan (25.6g) - 2 Karay 3 Rings (5.4g) - 1 Kara 2 Chooryan (4.5g) - 2 Baliyan (4.5g) - 2 Kante (5.5g) - 4 Chooryan 16 Rings 2 Chain 1 Locket 4 Kante 1 Tika (31.1g) - 1 Bracelet (6.5g) - 2 Lockets 4 Baliyan 4 Tops (8.5g) - 3 Rings (2.5g) - 2 Kante (6.05g) - 1 Haar 1 Locket Chain 6 Kante 6 Rings 1 Nath (28.5g) - 1 Gani 2 Kante (16.5g) - 1 Locket 2 Kante 1 Ring (7.5g) - 1 Mala 4 Kante (16.5g) - Gani with dori Kanta 2 Ring 1 (7.5g) - Rings 2 Baliyan 6 (5.5g) - 1 Gani 1 Kante (7.5g) - 3 Rings 2 Baliyan (5.5g) - 3-Rings 04-Kante (16g) - 3-Rings 04-Kante (16g) - 01-Gani 03-Rings 02-Kante (26.65g) - Gani 1 Kante 2 (7.5g) - Choori 1 (29.6g) - Kara 1 Chooryan 2 (28.5g) - Ring 1 Kante 4 Tops 2 (5.5g) - 2 Kante 1 Ring 1 Wali (3.4g) - Gani 1 Kante 4 Mala 1 Bracelet 1 Waliyan 6 Ring 5 (34.5g) - Chain 1 Rings 7 Bracelet 1 Waliyan 2 Kante 6 (34.4g) - 2 Kante 1 Ring (4.5g) - 2 Kante (4.3g) - 2 Baliyan (3g) - 2 Kante 30 Gold Pieces (3.32g) All items are listed with their respective weights and unique identification numbers. Interested parties must ensure compliance with the bank's auction terms, including submission of Earnest Money and valid identification. The auction is open to all eligible bidders, and items will be awarded to the highest offer above the reserve price. Bidders are advised to inspect the items prior to the auction date at the specified branch location. The deadline for participation is strictly enforced, and all bids must be submitted by the closing date. For further details, contact the bank's auction office at the address provided below. A practical tip: bring your CNIC and ensure your bid security is in the form of a valid Pay Order to avoid last-minute disqualification.
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