AUCTION: Gold Jewellery Items at Mobilink Bank Lahore 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 is conducting an open auction of pledged gold jewellery items at its Lahore branch. Interested parties are invited to participate in the auction process for the listed gold items, which have been pledged as security against defaulted loans. The auction will be held at the branch premises, and all items will be sold to the highest bidder above the reserve price of Rs. 2000 per tola. Items being auctioned: - 2 gold bangles and 1 ring (15.9 grams), account number 35202-1616901-1, branch code B/156, Lahore - 1 gold ring (11.8 grams), account number 35202-1218888-2, branch code B/156, Lahore The gold items are available for inspection at the branch prior to the auction date. All interested bidders must bring valid identification and deposit the required earnest money before participating. The auction will be conducted in accordance with the bank's terms and conditions, and successful bidders must make full payment immediately after the auction. The auction is scheduled for 28 August 2026 at 10:00 AM at the Mobilink Bank Lahore branch. A practical tip for bidders: Arrive early on the auction day to complete registration and inspect the gold items in person, as this will help you make an informed bid and avoid last-minute rush.