AUCTION: Gold Ornaments Pledged Against Finance Facilities by Mobilink Bank Hasilpur 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 Hasilpur Branch is announcing an auction of gold ornaments pledged as security against finance facilities extended to a customer. The auction is scheduled for 28-08-2026 at 02:00 PM under Branch Code 3018. The customer, Shahzad Khan, holding CNIC 31102-5864106-3, has failed to repay the financed amount along with markup. The pledged gold items will be auctioned if payment is not made within one day of this notice's publication. Items being auctioned: - Gold Weight: 10.500 GM - Details of Gold Ornaments: 1 Gani, 2 Kanty The auction involves gold ornaments pledged as collateral for finance facilities. The bank is exercising its right to auction these assets due to non-payment by the customer. Interested bidders should note the exact weight and description of the gold items. Eligibility to participate requires bidders to comply with bank auction terms and conditions. Earnest money or bid security details are not specified but bidders should be prepared to meet standard auction requirements. The auction will be conducted at the Hasilpur branch premises. The key date is the auction date, 28 August 2026, with the submission deadline effectively one day after the notice publication. Bidders should attend the auction in person at the Hasilpur branch. Contact details are not provided, so bidders should approach the branch directly for further information. A practical tip for bidders is to verify the purity and authenticity of the gold ornaments before bidding and ensure readiness to provide required earnest money or pay order as per bank rules to avoid disqualification.