AUCTION: Gold Ornaments Pledged by Akbar Ali at Mobilink Bank Khushab 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 is conducting an open auction of pledged gold ornaments at its Khushab branch. This auction arises due to non-payment of the financed amount by the customer, Akbar Ali, whose pledged gold will be sold to recover the outstanding dues. The auction will take place at the branch premises, providing an opportunity for interested buyers to acquire gold ornaments through a transparent process. Items being auctioned: - 2 Kantay (gold ornaments), 1 Locket Bima Moti (total gold weight: 6.4 grams) The pledged gold consists of two kantay and one locket bima moti, with a combined weight of 6.4 grams. These items were deposited as security against a finance facility, and the auction is being held as the customer has failed to settle the outstanding amount within the stipulated period. The auction is scheduled for 28 October 2026 at 11:00 AM at Mobilink Bank, Khushab Branch (Branch Code: 0015). Interested bidders should ensure they arrive at the branch before the auction time to complete any required registration or deposit earnest money if applicable. The auction will be conducted in accordance with the bank's standard procedures, and the highest bidder will be awarded the gold ornaments, subject to compliance with all terms and conditions. Bidders are advised to bring valid identification and be prepared for immediate payment upon winning the bid. A practical tip: Arrive early to inspect the gold items and clarify any queries with the branch staff before the auction begins. This will help you make an informed bid and avoid last-minute confusion.