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AUCTION: Gold Jewellery Items at Mobilink Bank Branch Burewala

Tender No: 0017
Expired Tender
Closing Date:
2026-08-31

Tender Document

Tender Document

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. Mobilink Bank is conducting a public auction for gold jewellery items that have been pledged as collateral against defaulted loans at its Burewala branch. This auction provides an opportunity for interested buyers to acquire gold assets through a transparent process. The auction will be held at the branch premises, and all items are available for inspection prior to the auction date. Items being auctioned: - 1 lot of gold jewellery, total weight 55 grams, pledged against loan account number 13302-0419029-4 The gold jewellery is being sold as a single lot, and the total weight is clearly specified. Interested parties are encouraged to visit the branch to verify the items and review the auction terms. The auction will take place on 31 August 2026 at 11:00 AM at Mobilink Bank, Burewala branch. All participants must bring valid identification and be prepared to deposit earnest money as per the bank's requirements. The successful bidder will be required to make payment as per the auction rules and collect the items after completing all formalities. Eligibility is open to all individuals and entities who comply with the auction terms. It is advisable to arrive early on the auction day to complete registration and review the items in person. For bidders, a practical tip is to confirm the current market rate of gold and bring sufficient funds for earnest money and final payment, as the auction process is competitive and immediate settlement may be required.
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