Notices Closed 11 Jun 2026
Public Auction of Mortgaged Property by The Bank of Punjab — Auction on 2026-06-11 in Lahore
Public Auction of Mortgaged Property by The Bank of Punjab · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Friday, 5 June 2026, listed under Lahore. The last date printed on the advertisement was Thursday, 11 June 2026 and has passed.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
Issuer: The Bank of Punjab, 8th Floor, M.M Tower, M.M Allam Road, Gulberg II, Lahore.
Purpose: Public auction of a mortgaged property (sold on an "as is where is" basis).
| Auction Schedule | Details |
|---|---|
| Date of Fixation of Proclamation on Site | 2026-05-21 |
| Date of Auction | 2026-06-11 |
| Time | 02:00 PM |
| Place | At Site |
Key conditions:
| Item | Detail |
|---|---|
| Reserve price | Rs. 11,359,400/- (no bid below reserve will be accepted) |
| Earnest money to bid | Rs. 300,000/- (cash or payment order) along with CNIC copy — refunded to unsuccessful bidders |
| Payment by successful bidder | Minimum 25% of bid within 2 business days of auction; remaining amount within 15 days of initial deposit |
| Failure to pay | Earnest money forfeited; deposited amount treated as reduction of borrower liability and property re-auctioned |
| Sale condition | Property sold on "as is where is" basis; bank not responsible for any document errors |
| Transfer costs | Successful bidder responsible for all transfer/registration duties and applicable federal/FBR taxes |
Contacts / Auctioneers:
Waseem Aslam Janjua — Cell: 0321-6810488
Mian M. Azhar Saleem (Unit Head Recovery / Advocate High Court) — Cell: 0333-4233808
Interested bidders should attend the on-site auction on the specified date and time with the required earnest money and CNIC copy.
Published in Nawa-i-Waqt on Friday, 5 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Thursday, 11 June 2026. That date has passed.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Friday, 5 June 2026.
- Which city is this notice listed under?
- Lahore. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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