AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Bhawal 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 Bhawal Branch is conducting an auction of gold ornaments against finance facilities extended to customers. The auction is scheduled for 28-08-2026 at 10:00 AM. This auction follows the failure of customers to repay their outstanding financed amounts along with markup within one day of this notice's publication. Mobilink Bank will not issue any further public notice and will proceed with the sale of pledged gold ornaments. Items being auctioned: - Customer: Samina W/O Muhammad Jahangir, CNIC: 38401-1150388-8, Address: Street Number 4, Post Office Khas, Sargodha, Gold Weight: 26 GM, Details: 1 Gani, 2 Kantay - Customer: Mohees Arif, CNIC: 38401-3539894-1, Address: Street Number 1, Mohalla Lalazar, Sargodha, Gold Weight: 27 GM, Details: 2 Kantay, 3 Ring The auction involves pledged gold ornaments held as security for finance facilities. Bidders should be aware that these items are subject to immediate sale if payment is not made by the customers. Interested bidders should prepare to participate in the auction at the specified date and time at the Bhawal branch. Eligibility to participate requires registration with the bank and compliance with auction terms. Earnest Money or Bid Security details are not specified but bidders should be prepared to provide necessary financial guarantees as per bank policy. The auction date is fixed and no extensions will be granted. Bidders are advised to inspect the items beforehand and ensure timely presence. The bank's contact details for inquiries are provided below. A practical tip for bidders: Confirm the purity and authenticity of gold ornaments before bidding and arrange your finances in advance to avoid disqualification or forfeiture of Earnest Money.