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AUCTION: Gold Jewellery Pledged by Shahzad Zubair Muhammad Sajid (8.27g, 2 Bangles) at Mobilink Bank Mansehra

Tender No: 0029
Active Tender
Closing Date:
2026-08-20

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, Mansehra branch, is conducting a public auction of pledged gold jewellery items that were held as collateral against a loan. The auction is being held to recover outstanding dues from the borrower, Shahzad Zubair Muhammad Sajid. Interested bidders are invited to participate in this open auction, which will take place at the branch premises in Mansehra. Items being auctioned: - Gold Jewellery (2 bangles), total weight 8.27 grams, pledged by Shahzad Zubair Muhammad Sajid, CNIC 13503-2262849-6 The gold items are available for inspection at the branch prior to the auction date. All interested parties are encouraged to verify the details and condition of the jewellery before participating. The auction will be held on 20 August 2026 at 11:00 AM sharp. Only those with valid identification and the ability to pay the winning bid amount immediately will be allowed to participate. The successful bidder must deposit the full amount on the same day as per Mobilink Bank's terms and conditions. Eligibility requirements include presenting a valid CNIC and fulfilling any additional documentation as required by the bank. There is no mention of a reserve price or earnest money deposit in the notice, so bidders should come prepared for open competitive bidding. The auction will be conducted transparently, and the highest bid will secure the items unless otherwise specified by the bank. A practical tip for bidders: Arrive early to inspect the gold items and clarify any queries with the branch staff before the auction begins. This will help you make an informed decision and avoid last-minute confusion.
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