AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Chunian 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's Chunian branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to customers who have defaulted on repayment. The auction is scheduled for 28-08-2026 at 11:00 AM. Items being auctioned: - 36 grams gold with 6 earrings belonging to Zobia Khalil, CNIC 35202-3126878-8, located at Post Office Ali Raza Abad, Mohalla Ilaka Nawab Sahib, Khalika Abad, Lahore - 70 grams gold with 4 karay belonging to Ahsan Ali, CNIC 35202-8934109-5, located at House Number 12-BC, Mohalla Main Boulevard Canal Garden, Lahore The auction is a result of customers neglecting to repay their outstanding financed amounts along with markup within one day of this notice's publication. Mobilink Bank reserves the right to call upon customers for payment and will not issue further public notices. Bidders should note the specific details of the gold items and their owners. The auction will be held at the Chunian branch premises. Interested parties should prepare the necessary earnest money or bid security as per bank requirements. The auction provides an opportunity for bidders to acquire valuable gold ornaments. It is advisable to inspect the items beforehand and ensure compliance with all auction terms. Timely attendance and submission of bids at the specified time are crucial. For successful participation, bidders should be aware of the bank's auction procedures and prepare accordingly to avoid disqualification.