AUCTION: Gold Ornaments Against Finance Facilities by Mobilink Bank Satellite Town Rawalpindi

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 is conducting an auction of gold ornaments pledged as security against finance facilities extended to a customer who has defaulted on repayment. The auction will take place at the Satellite Town branch in Rawalpindi on 30-09-2026 at 10:00 AM. The bank has issued this public notice to inform the customer and potential bidders about the auction of the pledged gold if the outstanding amount along with markup is not paid within one day of this notice's publication. Items being auctioned: - Gold ornaments weighing 4.5 grams - Details: 1 Chain The gold is pledged by the customer named Haroon Zaheed residing at Mohala Lassan, Post Office Jabri, Bani, Islamabad. This auction is a result of non-payment of the financed amount and markup by the customer. Mobilink Bank reserves the right to auction the gold ornaments without further public notice if payment is not received timely. Interested bidders should note the auction date and location carefully. The bank expects earnest money or bid security as per its auction terms. This is a unique opportunity to acquire gold ornaments through a bank auction process. Bidders should ensure they understand the auction rules and come prepared with valid identification and payment instruments such as Pay Orders. For bidders, a practical tip is to verify the exact weight and details of the gold ornaments before the auction and arrange finances in advance to avoid missing the opportunity. Early arrival at the branch on auction day is recommended to complete registration and bidding formalities smoothly.