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AUCTION: Gold Jewellery Pledged by Customer Rahat Khan at Mobilink Bank Mingora Branch

Active Tender
Closing Date:
2026-10-29

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, Mingora Branch, is conducting a public auction of gold jewellery pledged by a customer, Rahat Khan, due to non-payment of dues. The auction will be held at the branch premises in Mingora, Swat, on 29 October 2026 at 10:00 AM. Interested bidders are invited to participate in this open auction process. The auctioned item is as follows: - 1 x Bangle Chain (Gold), total weight: 7.08 grams, Customer CNIC: 15602-4404953-1 This auction is being conducted strictly for the recovery of outstanding dues against the pledged asset. Only the specific gold item listed above is available for bidding; no other items are included in this auction. The gold jewellery is available for inspection at the branch prior to the auction date. All participants must bring valid identification and comply with Mobilink Bank's auction procedures. The successful bidder will be required to make full payment on the spot as per the auction terms. Earnest money or bid security may be required as per the bank's policy, so bidders should be prepared accordingly. The auction will be conducted transparently, and the highest bid will be accepted, subject to the bank's approval. If the original pledger clears the dues before the auction date, the auction will be cancelled without further notice. A practical tip for bidders: Arrive early on the auction day to complete any required registration and to inspect the gold item in person, ensuring you are fully informed before placing your bid.
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