AUCTION: Gold Jewellery Items at Mobilink Bank Sahiwal 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 Limited, Sahiwal Branch, is conducting an open auction for gold jewellery items pledged as collateral against defaulted loans. Interested parties are invited to participate in this auction, which will be held at the branch premises. The auction is scheduled for 01 October 2026 at 10:00 AM. All items are available for inspection prior to the auction date during banking hours. Items being auctioned: - Gold Jewellery (total weight: 10.500 grams), pledged under account number 31102-5864106-3, with a reserve price of Rs. 1,08,041 The auctioned gold jewellery consists of various ornaments, details of which can be reviewed at the branch. The items are being sold on an as-is-where-is basis, and the successful bidder will be required to deposit the full bid amount immediately upon conclusion of the auction. Only those individuals who are not related to the defaulter or their family members are eligible to participate, as per Mobilink Bank's policy. Participants must bring their original CNIC for registration and verification purposes. Earnest money is not explicitly mentioned in the notice, but bidders are advised to come prepared for immediate payment if successful. The auction will be conducted transparently, and the highest bid above the reserve price will be accepted. For further details, interested parties may contact the branch manager or visit the Sahiwal branch during working hours. A practical tip: Arrive early on the auction day to inspect the jewellery and complete the registration process, as this will give you a better chance to assess the items and avoid last-minute rush.