Auction of Gold Ornaments Pledged at Mobilink Bank Mansehra Branch

Mobilink Bank Mansehra Branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to a customer who has failed to repay the outstanding amount along with markup. The auction will take place on 28-07-2026 at 10:00 AM at the Mansehra branch. The items being auctioned include gold ornaments with a total weight of 6.5 grams consisting of 1 Har and 2 Kanty (broken) pieces with motti. This auction is a result of the customer Muhammad Sulman from Jabori Tehsil Mansehra, District Mansehra, defaulting on repayment obligations. The bank has issued a public notice to inform the customer that if payment is not made within one day of the notice publication, the pledged gold will be auctioned without further notice. The technical scope involves the sale of pledged gold items held as collateral. Interested bidders should note the exact weight and condition of the gold items. This is a straightforward auction process without complex technical requirements. Eligibility to participate is open to all interested parties. No PEC category or FBR registration is required for this auction. Bidders should prepare Earnest Money or CDR as per bank instructions if applicable. The key date to remember is the auction date on 28-07-2026 at 10:00 AM. Bidders should attend the Mansehra branch on time for participation. Submission of bids or payments must comply with the bank’s auction procedures. A practical tip for bidders is to verify the condition and authenticity of the gold ornaments before the auction. Understanding the exact weight and quality will help in making informed bidding decisions and avoid overpayment.