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AUCTION: Gold Ornaments Pledged at Mobilink Bank Narowal Branch

Active Tender
Closing Date:
2026-09-30

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 Narowal branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to customers who have failed to repay their dues along with markup. The auction is scheduled for 30-09-2026 at 10:00 AM. Items being auctioned include: - Aurangzaib: 16.7 grams gold, 2 Karay - Shazia Bashir: 21.5 grams gold, 9 Mundriyan, 1 Gani, 4 Kantay, 4 Baliyan, 1 Locket bima Moti Dori The notice warns that if the customers do not pay the entire outstanding amount within one day of this publication, Mobilink Bank will proceed with the auction of the pledged gold ornaments. No further public notice will be issued for payment calls. This auction provides an opportunity for bidders to acquire valuable gold items from a reputable financial institution in Narowal. Interested bidders should note the auction date and prepare the necessary earnest money or bid security as per Mobilink Bank's auction terms. The auction will be held at the Narowal branch, and bidders are advised to attend on time. This is a chance to purchase gold ornaments at potentially competitive prices due to the nature of the auction. Bidders should ensure they understand the auction process and have all required documentation ready. Mobilink Bank's auction of pledged gold is a transparent process, and bidders are encouraged to inspect items if possible before the auction date. This notice serves as the final call to the customers to clear their dues to avoid loss of their pledged gold.
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