Auction of Gold Ornaments Due to Defaulted Finance Repayment

Mobilink Bank branch Liaquat Pur is conducting an auction of gold ornaments due to non-payment of finance facilities extended against pledged gold. The auction is scheduled for 29-06-2026 at 12:00 PM. The customer, Muhammad Rizwan, residing at House No. 3, Street No. 2, Liaquatpur, has defaulted on repayment of the financed amount plus markup. The gold items include 4 Balian, 2 Kantay, and 3 Rings weighing a total of 15.1 grams. This auction is a result of the customer’s failure to repay the finance within the stipulated time. Mobilink Bank will sell the pledged gold ornaments to recover the outstanding dues. Interested bidders should note the auction date and attend the branch on time. No further public notice will be issued for this auction. Bidders should ensure they understand the terms of the auction and verify the gold items before bidding. Earnest Money or CDR requirements are not specified but bidders should be prepared for immediate payment upon successful bidding. This is a unique opportunity for suppliers or buyers interested in gold assets at potentially competitive prices. The auction is held in Liaquatpur, and interested parties should contact Mobilink Bank branch for any clarifications. Timely attendance and preparation of required documents will facilitate smooth participation. This notice serves as the final call for the customer to clear dues before the auction proceeds.