AUCTION: Gold Ornaments Auction by Mobilink Bank Arifwala 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 Arifwala branch is conducting a public auction of gold ornaments pledged as security against finance facilities extended to customers who have defaulted on repayment. The auction is scheduled for 30-10-2026 at 10:00 AM at the Arifwala branch (Branch Code: 3021). Items being auctioned include gold ornaments pledged by the following customers: - Shamshad Bibi: 9.7 GM gold consisting of 1 Gani, 2 Kanty bima Moti, 1 Ring - Muhammad Shehzad: 13 GM gold consisting of 1 Gani bima Moti, 2 Kantay bima Moti - Niaz Illahi: 9.2 GM gold consisting of 1 Gani, 2 Kantay, 1 Nath bima Moti, 1 Tikka bima Moti - Misam Mujahid: 38 GM gold consisting of 4 Churian The auction is being held due to non-payment of the outstanding financed amounts along with markup by the customers. Mobilink Bank has issued this notice to inform the public that if payment is not made within one day of this notice's publication, the bank will proceed with auctioning the gold ornaments without further public notice. Bidders interested in participating should prepare the required Earnest Money and ensure compliance with Mobilink Bank's auction terms. The auction provides an opportunity to acquire gold ornaments at potentially competitive prices. Interested parties should attend the auction promptly at the specified date and time. A practical tip for bidders is to verify the purity and condition of the gold ornaments prior to bidding and arrange for immediate payment methods such as Pay Order or CDR as per bank requirements to avoid disqualification. This auction is a direct sale by Mobilink Bank Arifwala branch, located in Arifwala city, Punjab province.