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AUCTION: Gold Jewellery Pledged by Customer Account 33403-0361006-3 Faisalabad Branch

Tender No: 33403-0361006-3
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 Limited, Faisalabad branch, is conducting a public auction of gold jewellery pledged by a customer against loan account number 33403-0361006-3. The auction will be held at the branch premises in Faisalabad on 31 August 2026 at 10:00 AM. Interested parties are invited to participate in this open auction process, where the pledged gold items will be sold to the highest bidder in accordance with the bank's recovery procedures. Items being auctioned: - Gold jewellery (total weight: 8.55 tola) - 2 gold bangles (weight: 1 tola each, total 2 tola), 1 gold ring (weight: 3 grams) The auctioned items are being offered as per the details above, and all items are available for inspection at the branch prior to the auction date. The auction is being conducted to recover the outstanding dues against the aforementioned customer account. Bidders are required to bring valid identification and deposit earnest money as per the bank's instructions before participating in the auction. The successful bidder must pay the full bid amount immediately after the auction is concluded. All applicable taxes and duties will be borne by the purchaser. The deadline for participation is 31 August 2026 at 10:00 AM at Mobilink Bank Faisalabad branch. For further details, interested bidders may contact the branch manager or visit the branch during working hours. A practical tip: Arrive early on the auction day to inspect the gold items and complete any required registration formalities to avoid last-minute delays.
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