AUCTION: Gold Ornaments Pledged Against Finance by Mobilink Bank Chakala Scheme III

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, Branch Chakala Scheme III, Islamabad, announces an auction of gold ornaments pledged as security against finance facilities extended to a customer who has failed to repay the outstanding amount along with markup. The auction is scheduled for 28-10-2026 at 10:00 AM under Branch Code 0034. Items being auctioned: - Gold Ornaments pledged by customer Dildar Masih Bhatti - Gold Weight: 35.24 grams - Details: 1 Bracelet The bank extended finance facilities secured by the deposit and pledge of gold to the customer at the specified branch. Due to non-payment within the stipulated time, the bank is compelled to auction the pledged gold ornaments to recover the outstanding dues. The customer is hereby notified that if the entire outstanding financed amount along with markup is not paid within 1 day of this notice's publication, the bank will proceed with the auction without further public notice. Interested bidders should note the auction date and prepare the necessary earnest money and documentation as per bank requirements. This is a valuable opportunity to acquire gold ornaments through a transparent auction process conducted by Mobilink Bank. For bidders, it is advisable to verify the auction terms and conditions directly with the bank branch before participation to ensure compliance and smooth bidding experience.