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AUCTION: Gold Jewellery Pledged by Syed Muhammad Mehdi Kazmi (13.5g Bracelet, A-18 Malir Karachi)

Tender No: 4015
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 pledged gold jewellery in Karachi, Sindh. The auction is being held for items pledged by the account holder Syed Muhammad Mehdi Kazmi, whose CNIC is 42201-5708867-5. The auction will take place at House No. A-18, Malir Cantonment, Iqbal Sam Karachi, and is open to all interested bidders who wish to acquire the listed gold item. Items being auctioned: - 1 gold bracelet (Augu Thhi), total weight 13.5 grams The gold jewellery has been pledged as collateral by the account holder and is now being auctioned due to non-payment of dues. The auction will be held on 30 September 2026 at 11:00 AM. Interested parties are encouraged to inspect the item and verify its details with Mobilink Bank prior to the auction date. The auction will be conducted in accordance with the bank's standard procedures, and the highest bidder will be awarded the item upon payment of the full bid amount. Bidders must bring valid identification and be prepared to deposit the full bid amount immediately upon winning. No claims will be entertained after the auction, and the bank reserves the right to withdraw the item from auction without prior notice. It is advisable for bidders to arrive early to complete any required registration and to carefully review the auction terms and conditions. For this specific auction, ensure you have your payment method ready and clarify any queries with the bank staff before the bidding starts to avoid last-minute issues.
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