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AUCTION: Gold Jewellery Items from Defaulters at Mobilink Bank Karachi Branch

Tender No: 4006
Active Tender
Closing Date:
2026-09-30

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 Microfinance is conducting a public auction of gold jewellery items that were pledged by defaulters who failed to repay their loans. The auction will be held at the Karachi branch, providing an opportunity for interested buyers to acquire gold ornaments through a transparent process. The auction is scheduled for 30th September 2026 at 10:00 AM. All items are available for inspection at the branch prior to the auction date. Items being auctioned: - 1 pair of gold earrings (4.5 grams), belonging to Janis son of Saleem Masih, CNIC 42201-0528579-3, pledged at House No. 16, Street No. 21, Karachi - 1 gold chain (15.6 grams), belonging to Hawaun Parveen, CNIC 42101-6889804-1, pledged at House No. A-232, Malir, Karachi - 2 gold bangles, 1 gold chain, 2 gold pendants, 1 gold ring (total 26.83 grams), belonging to Khalida Saleem, CNIC 42301-0533707-2, pledged at House No. B/172, Mahmoodabad, Karachi All gold items are being sold as-is, and the bank makes no warranties regarding the quality or authenticity beyond what is stated. Interested bidders must bring valid identification and be prepared to deposit earnest money as per auction rules. The successful bidder will be required to pay the full amount immediately after the auction. Only those who comply with the bank's terms and conditions will be allowed to participate. A practical tip: Arrive early on the auction day to inspect the gold items in person and clarify any queries with the bank staff. This will help you make an informed bid and avoid last-minute confusion. For further details, contact the branch at the numbers provided below.
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