AUCTION: Gold Jewellery Items at Mobilink Bank Branches

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 Limited is conducting an open auction for gold jewellery items pledged as collateral by loan defaulters at its branches in Chichawatni, Burewala, and Bahawalnagar. Interested parties are invited to participate in this auction, which will be held at the respective branch locations. The auction provides an opportunity to acquire gold jewellery items in varying weights and forms, with all items available for inspection prior to bidding. Items being auctioned: - 10 tolas gold jewellery (1 item) at Mobilink Bank, Main Branch, Near 5 Chowk, Chichawatni (Account No. 38403-3158554-1) - 12.8 tolas gold jewellery (1 item) at Mobilink Bank, Main Branch, Burewala (Account No. 38403-6346599-1) - 11.6 tolas gold jewellery (1 item) at Mobilink Bank, Main Branch, Bahawalnagar (Account No. 38201-1188268-7) Each lot consists of gold jewellery pledged by customers who have defaulted on their loans. The auction will be conducted in accordance with the bank's policies and all applicable regulations. Interested bidders must bring valid identification and are encouraged to inspect the items before the auction date. Earnest money or a pay order may be required as per the bank's auction terms, and successful bidders will be required to make payment as per the announced procedure. The auction will take place on 31 October 2026 at 10:00 AM at the respective branch locations. For further details, interested parties may contact the relevant branch using the phone numbers provided in the notice. A practical tip: Arrive early on auction day to complete registration and inspect the jewellery items thoroughly, as this will help you make informed bids and avoid last-minute rush.