Auction of Gold Ornaments at Mobilink Bank Pano Aqil Branch

Mobilink Bank Pano Aqil Branch is conducting an auction of gold ornaments due to non-payment of financed amounts by customers. This auction is a result of finance facilities extended against the security of deposit and pledge of gold. The auction will take place on 31-07-2026 at 11:00 AM at the Pano Aqil branch. Items being procured for auction include: - 1 Chain, 1 Locket, 1 Tops (10.5 GM) - 6 Earrings (7.7 GM) - 2 Jhalay (9.28 GM) - 1 Necklace, 1 Nath, 1 Tikka, 2 Jhumkay (21 GM) The gold items are secured against customer deposits and pledged as collateral. The auction is a legal recourse due to customers' failure to repay the financed amounts along with markup. The scale of this auction is limited to the Pano Aqil branch, with items coming from customers residing in Pano Aqil and nearby areas. Interested bidders should note the auction date and prepare accordingly. Eligibility to participate typically requires registration with the auction authority and compliance with auction terms. The auction provides an opportunity to acquire gold ornaments at potentially competitive prices. The auction date is fixed for 31st July 2026 at 11:00 AM, and bidders should ensure timely presence at the Pano Aqil branch. Mobilink Bank has clearly stated that no further public notice will be issued, so bidders must act promptly. A practical tip for bidders is to inspect the items beforehand if possible and arrange for earnest money or deposit as required by the auction terms to avoid disqualification. This auction is a unique chance for suppliers and buyers interested in gold ornaments in the Sindh region, specifically Pano Aqil.