AUCTION: Gold Ornaments Pledged at Mobilink Bank Mozang Branch Lahore

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 Mozang Branch Lahore 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 31-08-2026 at 10:00 AM. The bank invites interested bidders to participate in the auction of the following pledged gold items: Items being auctioned: - Wazir Masih: 17.850 GM, 2 Broken Chains - Javed Ashiq: 17.750 GM, 2 Kanty - Qasim Hussain: 17.500 GM, 2 Kanty (Broken Pieces) - Moiz Tariq: 17.700 GM, 2 Kanty (Broken Pieces) - Usman Usman: 17.800 GM, 1 Broken Gani - Adil Gill: 17.800 GM, 1 Broken Locket - Faisal Bhatti: 16.200 GM, 1 Locket, 2 Tops - Muhammad Qaisar: 10.600 GM, 1 Gani Bima Moti, 2 Kanty Bima Moti, 2 Rings The auction involves gold ornaments pledged by customers at the Mozang branch in Lahore. These items include chains, kanty, gani, lockets, tops, and rings with weights ranging from 10.600 to 17.850 grams. The auction is a result of customers' failure to repay the financed amounts along with markup. Interested bidders should note the auction date and time and prepare accordingly. Eligibility to participate typically requires registration with the bank or auction authority and adherence to auction terms. Bidders should ensure they understand the condition of the items, as some are broken or in pieces. The auction provides an opportunity to acquire gold ornaments at potentially competitive prices. The auction will be held at the Mobilink Bank Mozang branch in Lahore. Bidders are advised to attend on time and bring necessary identification and earnest money if required. One practical tip is to inspect the items beforehand if possible, to assess their condition and value before bidding. This public notice serves as the final call for payment by the customers. Failure to settle dues within one day of this notice will result in the auction of the pledged gold without further announcements.