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AUCTION: Gold Jewellery Items from Defaulter Lockers Mobilink Bank Tariq Road 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 is conducting a public auction of gold jewellery items recovered from defaulter lockers at its Tariq Road branch in Karachi. This auction is being held to recover outstanding dues from locker holders who have failed to settle their obligations. Interested bidders are invited to participate in this open auction, which will take place at the branch premises on 29 October 2026 at 2:00 PM. Items being auctioned: - Gold jewellery (3 lockets, 2 bangles), total weight 16.860 grams, from locker of Syed Tareeb (CNIC 42101-6583498-1), House No. 130, Sector 33, Scheme 33, Saadi Town, Phase 2, Karachi - Gold jewellery (1 locket, 1 chain, 1 bangle), total weight 17.550 grams, from locker of Hamza Hussain (CNIC 42101-2954403-1), House No. 4, Block 4, Gulshan-e-Iqbal, Karachi - Gold jewellery (3 lockets, 2 bangles, 1 chain), total weight 17.250 grams, from locker of Syed Sultan Mehdi (CNIC 42101-1021285-5), House No. 4, Block 4, Gulshan-e-Iqbal, Karachi - Gold jewellery (4 bangles, 1 chain), total weight 16.500 grams, from locker of Syed Altaf Hussain (CNIC 42201-0462121-7), House No. 216, Karachi - Gold jewellery (1 locket, 3 rings, 1 chain), total weight 11.100 grams, from locker of Alia Fatima (CNIC 42101-9730004-0), House No. 196, Karachi All items will be auctioned as per the details above. The auction is open to all interested parties, and the highest bidder for each lot will be awarded the respective gold items. Bidders are required to bring valid CNIC and deposit earnest money as per bank policy before participating. The auction will be conducted transparently at the branch premises. Successful bidders must pay the full bid amount immediately after the auction. For further details, visit the branch or contact the designated official. A practical tip: Arrive early to inspect the gold items and clarify any queries with the bank staff before the auction begins, as this will help you make informed bids and avoid last-minute confusion. This is a unique opportunity for individuals and jewellers to acquire gold jewellery at competitive prices directly from the bank through a transparent process.
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