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AUCTION: Gold Ornaments Pledged by Defaulting Customers at Mobilink Bank Khushab Branch

Tender No: Branch Code: 0015
Active Tender
Closing Date:
2026-08-12

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, Khushab Branch, is conducting a public auction of gold ornaments pledged by customers who have defaulted on their finance facilities. The auction will be held at the branch premises on 12 August 2026 at 11:00 AM. This auction is being carried out as per the bank's right to recover outstanding dues by selling the pledged gold assets of customers who have failed to repay their loans despite repeated notices. Items being auctioned: - Amir Shehzad: 56.50 gm (2 Kantay Moti, 6 Kantay Moti) - Amna Parveen: 56.50 gm (1 Haar, 2 Kantay) - Zain Ul Abideen: 49.00 gm (2 Guluband, 4 Kantay) - Kosar Bibi: 31.10 gm (1 Guluband, 2 Nath, Tika, 2 Kanty) - Fateh Sher: 34.70 gm (2 Guluband, 2 Kantay) - Muhammad Kamran: 28.00 gm (1 Haar) - Raes Bevi: 50.00 gm (3 Guluband with Moti & Dori) - Kulsoom Bibi: 42.00 gm (2 Guluband, 2 Kanty) - Shazia Naz: 39.10 gm (1 Gani, 3 Kantay, 1 Ring) - Atta Ullah: 25.25 gm (1 Gani with Dori & Moti, 2 Kanty) - Mehwish Fatima: 25.50 gm (1 Gani, 2 Kanty) - Shahnaz Bibi: 51.00 gm (4 Kanty, 2 Gani) - Afzal Khatoon: 52.00 gm (2 Gani, 3 Kantay) - Haq Nawaz: 24.90 gm (1 Gani, 2 Kantay) - Muhammad Imran (Lukoo): 39.40 gm (2 Guluband, 2 Kanty) - Muhammad Tauqeer: 47.00 gm (2 Guluband, 2 Kanty) - Azad Hussain: 49.95 gm (1 Guluband, 6 Kanty) - Saira Mumtaz: 32.82 gm (1 Guluband with Dori & Moti, 3 Kanty with Moti) - Muhammad Imran (Hafiz Dewan): 33.03 gm (1 Guluband with Dori & Moti, 3 Kanty with Moti) - Sohail Abas: 33.20 gm (1 Guluband, 2 Kanty) Each lot consists of gold ornaments with specific weights and types, as detailed above. The auction is open to all interested parties, and the gold will be sold to the highest bidder. Bidders should bring valid identification and be prepared to deposit earnest money as per bank policy. The auction will be conducted transparently at the Khushab branch, and all items are available for inspection prior to bidding. Eligibility requires compliance with Mobilink Bank's auction terms, and payment must be made in full immediately after the auction. The deadline for settlement of outstanding dues by the original customers is within 1 day of this notice; otherwise, the auction will proceed as scheduled. For bidders, it is advisable to arrive early to review the gold items and clarify any queries with the branch staff before the auction begins.
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