AUCTION: Gold Jewellery Pledged by Defaulters at Mobilink Bank Karachi 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 Microfinance is conducting a public auction of gold jewellery pledged by defaulters at its Karachi branch. This auction is being held to recover outstanding dues from borrowers who failed to repay their loans. The auction will take place at the designated Karachi location, and interested bidders are invited to participate as per the schedule. Items being auctioned: - 3 gold bangles (total weight: 4.5 grams), pledged by Yasmeen Khatoon, CNIC 43207-1447340-0, located at Malir Khadda Ward, Karachi - 2 gold earrings (total weight: 14.9 grams), pledged by Imran Bashir, CNIC 43407-0589713-8, located at Malir Khadda Ward, Karachi - 4 gold earrings, 1 gold ring, 2 lockets, 1 chain (total weight: 13.4 grams), pledged by Komal, CNIC 42101-1771557-8, located at House No. A-116, Malir Colony, Karachi All items are being auctioned as per the details above, and the gold is available for inspection at the respective locations. The auction is open to the public, and the highest bidder for each lot will be awarded the respective jewellery, subject to payment and completion of formalities. Bidders must bring valid identification and be prepared to deposit earnest money as per Mobilink Bank's auction rules. The auction will be held on 28 August 2026 at 11:00 AM. For further details, interested parties should contact the bank branch directly. A practical tip: Arrive early on auction day to inspect the gold items in person and clarify any queries with the bank staff before bidding. This will help you make informed decisions and avoid last-minute confusion.