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AUCTION: Gold Ornaments Pledged to Mobilink Bank Haroonabad Branch

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 Haroonabad 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 30-09-2026 at 10:00 AM. The bank has issued this public notice to inform the customers that failure to repay the outstanding financed amount along with markup within one day of this notice's publication will result in auctioning the pledged gold without further public notice. Items being auctioned: - Muhammad Saqib: 20 grams of gold consisting of 1 Khandh and 2 Karay - Azam Construction Company: 10.358 grams of gold consisting of 4 Kantay and 2 Rings The gold ornaments are held at the Haroonabad branch, located in Basti Nowshera and Post Office Haroonabad areas. This auction provides an opportunity for interested bidders to acquire valuable gold items from the bank's pledged assets. Bidders should ensure they attend the auction on the specified date and time at the Haroonabad branch. It is advisable to verify the details of the gold items and prepare the necessary earnest money or bid security as per bank requirements. Early settlement by the customers can avoid the auction process. For interested bidders, it is practical to visit the branch beforehand to inspect the items and understand the auction terms. This will help in making informed bids and complying with the bank's auction procedures.
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