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AUCTION: Gold Ornaments Pledged Against Loan Accounts at Mobilink Bank Chiniot

Tender No: 3005
Active Tender
Closing Date:
2026-09-30

Tender Document

Tender Document

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 gold ornaments pledged against defaulted loan accounts at its Chiniot branch. This auction provides an opportunity for interested buyers to acquire gold items that were held as collateral by the bank due to non-repayment of loans. The auction will be held at the branch premises on 30 September 2026 at 11:00 AM. Items being auctioned: - Gold ornaments pledged against loan account number 31102-3568900-9 (Muhammad Yousaf): 134 grams, 2 pairs, 2 pieces - Gold ornaments pledged against loan account number 31102-6735329-5 (Shumaila): 13 grams, 2 pairs, 2.6 pieces All items are described as per the details above, with weights and types specified. The gold is being sold as-is, and interested parties are encouraged to inspect the items prior to the auction date. The auction will be conducted in accordance with the bank's policies and prevailing regulations. Bidders must bring valid identification and be prepared to deposit earnest money as specified by the bank at the time of auction. Only those who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate. The auction will be held at Mobilink Bank, Chiniot branch. Bids must be submitted in person at the venue before the deadline. For further details, interested parties may contact the branch using the phone numbers provided below. Tip: Arrive early on auction day to inspect the gold items and clarify any queries with the bank staff, as this will help you make an informed bid and avoid last-minute confusion.
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