Auction of Gold Ornaments Secured Against Finance Facilities

Mobilink Bank Bahawalpur branch is conducting an auction of gold ornaments that were pledged as security against finance facilities extended to customers who have defaulted on repayment. The auction is scheduled for 31-07-2026 at 01:00 PM. This notice is specifically for the customers who have neglected to repay their outstanding financed amounts along with markup. Items being procured: - 23.8 GM Gold Ornaments (2 Kanry) from customer Salim Abbas - 19 GM Gold Ornaments (1 Kanry, 2 Kanry) from customer Khursheed Ahmad The auction involves gold ornaments pledged at the Bahawalpur branch, located in the district of Bahawalpur city. The bank will auction these items if payment is not made within one day of this notice's publication. No further public notice will be issued to call upon the customers to make payments. This auction is a direct sale of pledged assets and does not require PEC registration or FBR/ATL compliance. Interested bidders should attend the auction at the specified date and time at the Mobilink Bank Bahawalpur branch. The key date to remember is the auction date, 31st July 2026 at 1 PM sharp. Bidders should prepare to attend in person and bring necessary identification and funds for immediate purchase. A practical tip for bidders is to inspect the gold ornaments carefully before the auction and verify the weight and purity to make an informed bid. Being punctual and having ready payment will increase chances of successful acquisition.