AUCTION: Gold Items Pledged at Mobilink Bank Shujabad Branch

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Mobilink Bank Shujabad branch is conducting an auction of gold items pledged as security against finance facilities extended to customers who have defaulted on payments. The auction will take place on 29-10-2026 at 10:00 AM at the Shujabad branch. Items being auctioned include: - Muhammad Imran: 9 grams of gold consisting of 2 Kantay and 2 Rings - Dilawar Mehboob: 14.5 grams of gold consisting of 4 Kantay These gold items were pledged as collateral for finance facilities which the customers have failed to repay along with the markup. The bank invites interested bidders to participate in this open auction to acquire these gold ornaments. The auction provides an opportunity to purchase valuable gold items at competitive prices directly from the bank. Bidders should ensure they attend the auction on the specified date and time at the Mobilink Bank Shujabad branch. Earnest money or bid security requirements are not specified in the notice, but bidders are advised to prepare accordingly. This auction is a straightforward sale of pledged assets due to defaulted payments. For successful participation, bidders should verify the gold weights and details beforehand and be prepared for immediate payment upon winning the bid. This is a unique chance to acquire gold items with clear ownership transferred from the bank. Interested parties should act promptly as no further public notices will be issued for these items. A practical tip for bidders is to inspect the gold items carefully before the auction and arrange finances in advance to avoid missing out on the opportunity due to payment delays.