AUCTION: Gold Ornaments Auction by Mobilink Bank DHA Lahore 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 DHA Lahore 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 30-09-2026 at 10:00 AM. The bank has issued this public notice to inform the customers and the general public about the auction of the pledged gold items due to non-payment of the outstanding amounts including markup. Items being auctioned: - 2 Rings and 1 Bracelet (15.9 grams) pledged by Azeem Maqbool residing at House Number 156, Mohala B Block, Model Town, Lahore - 1 Chain (11.8 grams) pledged by Nadia Kashif residing at Chamba House, Mohala Gor Walton, Lahore The auction involves the sale of these specific gold ornaments held as collateral. Bidders should note that the auction is a result of defaulted payments and the bank will not issue any further public notices for payment calls. Interested parties should prepare to participate in the auction on the specified date and time at the DHA Lahore branch. Eligibility to participate requires bidders to comply with the bank's auction terms and conditions, including any earnest money or bid security requirements as per bank policy. The auction provides an opportunity to acquire gold ornaments at potentially competitive prices. Bidders are advised to attend the auction punctually and bring valid identification and any required documentation. The bank encourages all interested bidders to review the auction details carefully and prepare their bids accordingly. This notice serves as the final call to the customers to clear their dues before the auction proceeds. Mobilink Bank DHA Lahore branch is the issuing authority for this auction. A practical tip for bidders: Arrive early to inspect the items and clarify any auction procedures with bank officials to ensure a smooth bidding process.