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AUCTION: Gold Ornaments Pledged by Jalaal Ud Din (23 Grams, 1 Item)

Active Tender
Closing Date:
2026-10-29

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 Microfinance, Branch Mardan, is conducting a public auction of gold ornaments pledged by a borrower who has defaulted on repayment. The auction is being held to recover the outstanding dues against the pledged collateral. The auction will take place at the branch premises located at Kalyan Road, Zaman Abad, Mohalla Gul Bahar, Mardan. The following item is available for auction: - Gold ornaments (23 grams, 1 item), pledged by Jalaal Ud Din, CNIC 16101-9321552-9 Interested bidders are invited to participate in the auction scheduled for 29 October 2026 at 10:00 AM. The gold ornaments will be sold to the highest bidder, and the successful bidder will be required to make payment as per the auction terms. Only those who have settled their dues with Mobilink Bank or have no outstanding liabilities are eligible to participate. The auction is being conducted strictly as per the bank's recovery policy, and the item will be sold on an as-is-where-is basis. No further claims regarding the quality or quantity of the gold will be entertained after the auction. Bidders are advised to bring valid identification and be prepared to deposit earnest money if required by the bank on the day of the auction. For further details, interested parties may contact the branch during working hours. A practical tip: Arrive early to inspect the gold item and clarify any queries with the branch staff before the auction begins, as this can help you make an informed bid.
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