AUCTION: Gold Ornaments Auction by Mobilink Bank Lodhran 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 Lodhran branch is conducting an auction of gold ornaments due to non-payment of finance facilities extended against the security of deposit and pledge of gold. The auction is scheduled for 31-08-2026 at 11:00 AM at the Lodhran branch. The customer, Muhammad Sohail S/O Bakshan Khan, residing at Post Office Adam Wahan, Jagir, Lodhran, has defaulted on repayment of the financed amount along with markup. Items being auctioned: - Gold ornaments weighing 12.500 grams - Details of gold ornaments include 1 Tikka, 4 Kanty, and 2 Paan The bank has issued this public notice to inform the customer that if payment of the entire outstanding financed amount along with markup is not made within 1 day of this notice's publication, the gold ornaments will be auctioned. No further public notice will be issued to call upon the customer for payment. This auction provides an opportunity for interested bidders to acquire gold ornaments from a reputable financial institution. Bidders should prepare to participate in the auction at the specified date and time. It is advisable to verify the authenticity and condition of the gold ornaments prior to bidding. Interested parties should note the auction date and ensure timely attendance. Earnest money or bid security requirements, if any, should be confirmed directly with the Mobilink Bank Lodhran branch. This notice serves as the final call for the customer to settle dues before the auction proceeds. A practical tip for bidders is to attend the auction early to inspect the items and clarify any queries with the bank officials. This will help in making informed bidding decisions and avoid last-minute issues.