Auction of Gold Ornaments Pledged at Mobilink Bank Hasilpur Branch

Mobilink Bank Hasilpur Branch is announcing the auction of gold ornaments pledged as security against finance facilities extended to a customer who has failed to repay the loan along with markup. This public notice concerns the gold pledged by the customer Aziz Ahmad Asi residing at Bastil Quham, Tehsil Mailsi, District Vehari. The auction is scheduled for 31-07-2026 at 01:00 PM at the Hasilpur branch. Items being procured: - Gold Ornaments weighing 4.2 grams - 2 Kanty of gold ornaments The auction involves the sale of pledged gold items due to non-payment of the financed amount within the stipulated time. The bank has extended finance facilities against the security of these gold ornaments, and failure to repay has led to this auction notice. The process is governed by the bank’s internal policies and applicable financial regulations. Interested bidders should note the auction date and prepare accordingly. The notice emphasizes that no further public notice will be issued after this announcement, so timely participation is crucial. The auction will be conducted at the Mobilink Bank branch in Hasilpur, ensuring transparency and compliance. Eligibility to participate typically requires registration with the bank or auction authority, and bidders should ensure they meet all legal and procedural requirements. Earnest Money or CDR may be required as per bank policy. The auction is a unique opportunity for suppliers or buyers interested in gold ornaments. The key date to remember is the auction on 31-07-2026 at 01:00 PM. Bidders should visit the Hasilpur branch for further details and submission of any required documents. A practical tip for bidders is to verify the purity and authenticity of the gold ornaments before bidding to make an informed decision.