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AUCTION: Gold Ornaments from Various Branches of Mobilink Bank

Active Tender
Closing Date:
2026-11-29

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 is conducting an open auction for gold ornaments pledged as security against defaulted loans at various branches. The auction will be held at the bank's designated location in Islamabad. Interested bidders are invited to participate in this transparent process to acquire gold items from different customers whose details are listed below. Items being auctioned: - Gold ornaments pledged by Rashid Hussain (CNIC 37203-5184325-9), 1 gold bangle, 1 gold ring, 1 gold earring, total weight 143 grams - Gold ornaments pledged by Ghulam Murtaza (CNIC 37203-1437869-6), 1 gold bangle, total weight 13 grams - Gold ornaments pledged by Muhammad Aslam (CNIC 37104-4039885-5), 1 gold ring, total weight 2 grams - Gold ornaments pledged by Noor Muhammad (CNIC 37203-1527184-7), 1 gold earring, total weight 8.65 grams - Gold ornaments pledged by Abdul Rasheed (CNIC 37204-0122842-6), 1 gold bangle, 1 gold ring, 1 gold earring, total weight 354 grams - Gold ornaments pledged by Muhammad Akram (CNIC 37203-1352228-2), 2 gold earrings, total weight 174 grams All items are being sold as-is, and the auction will be conducted in accordance with the bank's policies. Bidders must bring valid identification and deposit the required earnest money before participating. The auction will commence at 10:00 AM on 29 November 2026. Successful bidders must pay the full amount immediately after the auction concludes. A practical tip: Arrive early to inspect the gold items and clarify any queries with the bank officials before the auction begins. This will help you make informed bids and avoid last-minute confusion.
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