AUCTION: Gold Ornaments Pledged by Customer at Mobilink Bank Hyderabad

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 Hyderabad branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to a customer who has failed to repay the outstanding amount along with markup. The auction is scheduled for 28-08-2026 at 10:00 AM under branch code 4001. Items being auctioned: - Gold ornaments pledged by customer Shumaila Kiran - Gold weight: 116 grams - Details: 4 Kary, 5 Bangles The pledged gold is located at House# B-838 Mohallah Pakistan Chowk, Tando Jam, Hyderabad. The bank has issued this public notice to inform the customer and the public that if the full payment of the outstanding financed amount plus markup is not made within one day of this publication, the bank will proceed with the auction of the gold ornaments. No further public notice will be issued for payment calls. This auction provides an opportunity for interested bidders to acquire quality gold ornaments at competitive prices. Bidders should ensure they attend the auction on the specified date and time at the Hyderabad branch. Earnest money or bid security details are not specified in the notice, so bidders should inquire directly with the bank for any requirements. A practical tip for bidders is to verify the purity and authenticity of the gold ornaments before bidding and to be prepared with the necessary funds and documentation to complete the purchase promptly if successful.