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AUCTION: Gold Ornaments Pledged at Mobilink Bank Kahor Pakka

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 branch Kahor Pakka announces an auction of gold ornaments pledged as security against finance facilities extended to a customer. The auction is scheduled for 30-09-2026 at 10:00 AM at the branch. The customer, Fiaz Ahmad, holding CNIC 36202-7788953-3, has pledged gold weighing 13.8 grams consisting of 4 Kantay and 2 Balian gold ornaments. The bank has issued this public notice to inform that if the customer fails to pay the entire outstanding financed amount along with markup within one day of this notice's publication, the pledged gold will be auctioned by Mobilink Bank. No further public notice will be issued before the auction. Items being auctioned: - Gold ornaments weighing 13.8 grams - 4 Kantay gold - 2 Balian gold Bidders should prepare to participate in the auction at the specified date and time. Earnest money or bid security details are not mentioned. Interested parties should contact the branch directly for further details. This auction provides an opportunity to acquire pledged gold ornaments at potentially competitive prices. Bidders are advised to inspect the items and understand the terms before participating. The auction will be held at Mobilink Bank, Kahor Pakka branch. Bidders should ensure timely presence and compliance with auction rules. One practical tip is to verify the purity and condition of gold ornaments prior to bidding to make an informed decision.
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