Auction of Gold Ornaments Pledged Against Finance Facilities at Mobilink Bank Chunian Branch

Mobilink Bank Chunian Branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to customers who have defaulted on repayment. The auction is scheduled for 31-07-2026 at 11:00 AM. This notice is specifically for the pledged gold items of two customers from Chunian, Kasur district. Items being procured: - 3 Kanty, 1 Ring (Gold ornaments) pledged by Pashma D/O Amjad Ali, weighing 34.50 GM - 3 Kanty, 1 Ring (Gold ornaments) pledged by Faizaan Mubarak, weighing 17.50 GM The auction involves the sale of pledged gold items held as collateral for finance facilities. The site of auction is the Mobilink Bank branch in Chunian. The scale of the auction is limited to the specific pledged items listed. This is a direct auction process due to defaulted payments. Eligibility to participate in the auction is open to interested buyers as per Mobilink Bank’s terms. No PEC or FBR registration is required for participation in this auction. Interested parties should note the auction date and time carefully. The auction will take place on 31st July 2026 at 11:00 AM at the Mobilink Bank Chunian branch. Bidders should ensure timely presence to participate. The bank will not issue further public notices after this auction. A practical tip for bidders: Verify the authenticity and condition of the gold ornaments before the auction and prepare the required earnest money or payment method in advance to avoid disqualification. Timely attendance is crucial as no extensions will be granted.