AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Basirpur 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 Basirpur Branch is offering an auction of gold ornaments held as security against finance facilities extended to a customer. The auction is scheduled for 28-10-2026 at 01:00 PM. The customer named Naseer Ahmad, CNIC 35301-883005-7, residing at Shamad, Post Office Basirpur, has defaulted on payment of the entire outstanding financed amount along with markup. As a result, Mobilink Bank will auction the pledged gold within one day of this notice's publication. Items being auctioned: - Gold Ornaments weighing 4.5 grams - Details: 2 Kantay gold ornaments This auction provides an opportunity for bidders to acquire gold ornaments secured by the bank due to non-payment. Interested bidders should note the auction date and prepare the necessary earnest money or bid security as per bank requirements. The auction will be conducted at the Basirpur branch, and bidders should ensure timely participation. Bidders are advised to verify the authenticity and condition of the gold ornaments prior to bidding. It is recommended to arrange finances and documentation in advance to facilitate smooth bidding and payment processes. The bank will not entertain any further public notices or extensions beyond the stipulated auction date. For successful participation, bidders should attend the auction venue punctually and comply with all auction terms and conditions. This is a valuable chance to acquire gold assets at potentially competitive prices due to the forced sale.