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Auction of Gold Ornaments Against Finance Facilities at Khairpur Tamewali Branch

Active Tender
Closing Date:
2026-08-06

Tender Document

Tender Document

Tender Description

Mobilink Bank Khairpur Tamewali Branch is conducting an auction of gold ornaments due to non-payment of finance facilities extended against pledged gold. This auction is scheduled for 30-07-2026 at 12:00 PM. The auction concerns a customer named Asiya Bibi from Post Office Ta Aoun Ship, Sato Cut, Bahawalpur. The gold items to be auctioned include 8.5 grams of gold comprising 2 Kanty of gold ornaments. Items being procured: - Gold Ornaments (2 Kanty, 8.5 grams) This auction is a result of the customer's failure to repay the finance extended by Mobilink Bank along with the markup. The bank has issued this public notice to inform the customer and the public that if payment is not made within one day of the notice publication, the gold ornaments will be auctioned without further notice. The auction will be held at the Khairpur Tamewali branch, and interested parties should note the date and time carefully. This is a unique opportunity for suppliers or buyers interested in acquiring gold through a bank auction process. No technical or financial bid is required as this is an auction of pledged assets. Eligibility to participate is open to all interested buyers. It is advisable to verify the auction terms and conditions directly with the Mobilink Bank Khairpur Tamewali branch before the auction date. The auction process is straightforward, but bidders should ensure they have the necessary funds and documentation ready. The key date to remember is 30-07-2026 at 12:00 PM for the auction. The submission or participation method is direct attendance at the auction venue. A practical tip for bidders is to inspect the gold ornaments beforehand if possible and confirm the auction rules to avoid any last-minute issues. This will help in making an informed bid and securing the purchase smoothly.
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