AUCTION: Gold Ornaments Auction by Mobilink Bank Branches Burewala, Khushab, and Allama Iqbal Town Lahore

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 an auction of gold ornaments pledged as security against finance facilities extended to customers who have failed to repay their dues along with markup. The auctions will be held at multiple branches including Burewala, Khushab, and Allama Iqbal Town Lahore on 28-08-2026 at specified times. Items being auctioned include: - At Burewala Branch: Customer Ahsan Ali, Gold Weight 2.3 GM, 2 Kanty gold ornaments - At Khushab Branch: Customer Amjad Ali, Gold Weight 36.5 GM, 4 Karay and 1 Gani gold ornaments - At Allama Iqbal Town, Lahore Branch: Customer Yasir Ali, Gold Weight 5.35 GM, 1 Ring - At Allama Iqbal Town, Lahore Branch: Customer Muhammad Pervez, Gold Weight 5.9 GM, 1 Chain The auction is a result of customers neglecting repayment obligations. Mobilink Bank will auction the gold ornaments if payment of the entire outstanding financed amount along with markup is not made within 1 day of the publication of this notice. No further public notice will be issued to call upon the customers to make payments. Bidders should note the specific branch locations and auction times: Burewala at 3:00 PM, Khushab at 10:00 AM, and Lahore at 10:00 AM on the auction date. This auction provides an opportunity to acquire gold ornaments at competitive prices directly from the bank. Interested bidders should prepare to participate in the open auction process and ensure compliance with Mobilink Bank's auction terms. It is advisable to verify the details of the gold items and attend the auction at the respective branch on time to avoid missing the opportunity. This notice serves as the final public announcement for the auction of these pledged gold ornaments by Mobilink Bank branches in Punjab province.