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AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Qambar

Active Tender
Closing Date:
2026-10-01

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 Qambar branch is announcing an auction of gold ornaments pledged as security against finance facilities extended to a customer who has defaulted on repayment. The auction is scheduled for 30-09-2026 at 12:00 PM at the branch with code 4008. The customer named Afroz Khatoon, holding CNIC 43402-0733999-0, residing at Goth Chendiya, Near Bhola Kalhora, P/O Wagan, District Qambar Shahdadkot, has failed to repay the financed amount along with markup. Items being auctioned: - Gold Weight: 2.4 GM - Details of Gold Ornaments: 4 Leelam, 1 Tika, 1 Haar Moti Waro The bank will auction these gold ornaments if full payment of the outstanding financed amount plus markup is not made within 1 day of this notice's publication. No further public notice will be issued for payment. Bidders should note the importance of timely payment and the legal implications of default. The auction provides an opportunity to acquire valuable gold ornaments at potentially competitive prices. Interested parties should prepare necessary earnest money or bid security as per bank requirements and attend the auction at the specified date and time. For successful bidding, ensure all documentation and payments are in order. Mobilink Bank encourages all interested bidders to participate actively and comply with auction terms to avoid disqualification.
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