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AUCTION: Gold Ornaments at Mobilink Bank Branch III Bahawalpur

Tender No: 34202-5505876-7
Expired Tender
Closing Date:
2026-01-28

Tender Description

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 is conducting a public auction of pledged gold ornaments at its Branch III, Bahawalpur. This auction is being held to recover outstanding loan amounts against defaulted gold loan accounts. Interested parties are invited to participate in the auction process as per the schedule and terms outlined by the bank. Items being auctioned: - Gold ornaments (pledged against 8 defaulted gold loan accounts, total weight 2 tolas 8 grams) The auction will take place at Mobilink Bank Branch III, Bahawalpur, on 28 January 2026 at 10:00 AM. All gold items are being sold on an as-is-where-is basis. The total gold weight is 2 tolas and 8 grams, distributed across 8 separate loan accounts. The auction is open to the public, and interested bidders must ensure they arrive before the scheduled time to complete any required registration formalities. Participants are required to bring valid identification and be prepared to deposit earnest money as specified by the bank prior to bidding. The successful bidder will be required to pay the full bid amount immediately after the auction concludes. All applicable taxes and duties will be borne by the purchaser. For further details, interested parties may contact the branch manager at the number provided below. A practical tip: Arrive early to inspect the gold items and clarify any queries regarding the auction process or payment terms with the bank staff before bidding begins.
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