AUCTION: Gold Ornaments Pledged Against Finance Facilities by Mobilink Bank Kehror Pacca 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 Kehror Pacca 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 30-10-2026 at 10:00 AM at the branch with branch code 3008. Items being auctioned include pledged gold ornaments against outstanding finance amounts with markup. The detailed list of customers and their pledged gold is as follows: - Sarfraz Khan: 28 GM gold consisting of 1 Kanthi, 2 Kantay, 1 Tikka - Muhammad Shahid: 6.3 GM gold consisting of 2 Kantay, 1 Challa - Muhammad Riaz: 20 GM gold consisting of 1 Kanthi, 1 Ring, 2 Kantay, 1 Bindi - Sobia Kanwal: 15 GM gold consisting of 7 Tawez The auction is a result of customers neglecting repayment obligations. Mobilink Bank reserves the right to auction the gold ornaments if payment of the entire outstanding financed amount along with markup is not made within 1 day of this notice's publication. No further public notice will be issued. Bidders interested in participating should prepare to attend the auction at the specified date and time at the Kehror Pacca branch. Earnest money or bid security requirements are not specified in the notice but bidders should be prepared for standard auction procedures. This auction provides an opportunity for bidders to acquire gold ornaments at potentially competitive prices. It is advisable to verify the authenticity and condition of the gold items prior to bidding. Early attendance and registration at the branch may facilitate smoother participation. Contact the Mobilink Bank Kehror Pacca branch for any clarifications or further details regarding the auction process and terms.