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AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Dunyapur Branch

Expired Tender
Closing Date:
2026-09-30

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 Dunyapur Branch is offering an auction of gold ornaments held as security against finance facilities extended to customers. The auction is scheduled for 30-09-2026 at 3:00 PM. The bank extended finance facilities secured by deposit and pledge of gold to customers who have defaulted on repayment. The customer named Muhammad Majid, residing at Chah Blay Wala, Post Office Basti Malook, Chak Number 11-F, Tehsil Multan Sadar, District Multan, has an outstanding financed amount along with markup. Items being auctioned: - Gold Weight: 21.8 GM - Details of Gold Ornaments: 1 Tika, 1 Nath, 1 Kanta, 1 Ring, 1 Guluband The bank notifies that if payment of the entire outstanding financed amount along with markup is not made within 1 day of the publication of this notice, Mobilink Bank will auction the gold ornaments. No further public notice will be issued to the customer to make payments. Bidders should prepare to participate in the auction by ensuring earnest money or bid security as per bank requirements. The auction provides an opportunity to acquire valuable gold ornaments at competitive prices. Interested parties should attend the auction at the specified date and time at the Dunyapur branch. A practical tip for bidders is to verify the purity and authenticity of the gold ornaments before bidding and to arrange finances in advance to avoid last-minute issues.
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