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AUCTION: Unclaimed Gold Ornaments from Safe Deposit Lockers at Bank Branches Lahore

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. This public notice invites interested parties to participate in the auction of unclaimed gold ornaments held in safe deposit lockers at various bank branches in Lahore. The auction is being conducted by the State Bank of Pakistan (SBP) as per regulatory requirements for unclaimed property. The items listed below have remained unclaimed for a significant period, and the rightful owners or their heirs are requested to contact the bank with valid proof of ownership within the stipulated time. If no claim is received, these valuables will be auctioned as per the rules. Items being auctioned: - 4 Baliyan (7.1 tola) - 3 Tika 6 Kante 1 Nath 1 Kanthi (24.9 tola) - 1 Kanthi 2 Kante (12.1 tola) - 2 Kante 1 Tika (9.5 tola) - 1 Kanthi, 2 Kante Broken, 1 Tika, 1 Nath (16.5 tola) - 1 Haar (8 tola) - 2 Karay, 2 Kante, 1 Ring (17.5 tola) - 2 Kanthi, 4 Kante (17.5 tola) - 4 Chooryian (32.5 tola) - 6 Kante, 1 Gani (7.2 tola) - 2 Kante, 1 Gani (7.3 tola) - 2 Baliyan (3.3 tola) - 1 Kanthi with moti dori, 2 Kante, 1 Ring (18.65 tola) Each item is described with its type and approximate weight in tola. The auction will be held at the designated branch office in Lahore. Interested claimants must present original documents and proof of relationship or ownership before the closing date. If no valid claim is received, the listed items will be sold to the highest bidder through open auction. All participants must comply with the auction terms and conditions, including submission of earnest money and valid CNIC. The auction is open to the public, and details can be obtained from the branch or by contacting the provided phone number. Bidders are advised to inspect the items in person before the auction date for better evaluation. A practical tip: bring your CNIC and a pay order for earnest money to avoid delays during registration.
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