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AUCTION: Gold Ornaments Pledged by Abdul Nabi at Mobilink Bank Qambar Branch

Active Tender
Closing Date:
2026-10-27

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 is conducting an open auction for gold ornaments pledged by a customer at its Qambar branch, District Qambar Shahdadkot. This auction arises due to the customer's failure to repay the finance facility extended against the security of gold. The auction will be held at the branch premises on 27-10-2026 at 12:00 PM. Interested bidders are invited to participate in the auction process as per the terms outlined by the bank. Items being auctioned: - Gold ornaments pledged by Abdul Nabi (CNIC 43402-0541710-5), address: Muhalla Ghareeb Abad, Qambar Ali Khan, District Qambar Shahdadkot - Total gold weight: 10.8 grams - Details of gold ornaments: 1 Hasri, 1 Passa, 4 Leelam, 2 Tika Nath The auction is for the recovery of the outstanding financed amount and markup. Only the listed gold items will be available for bidding. The auction is open to all eligible participants as per Mobilink Bank's auction policy. Bidders should ensure they bring valid identification and be prepared to deposit earnest money or bid security as may be required by the branch at the time of auction. The successful bidder will be required to pay the full bid amount immediately upon conclusion of the auction. The deadline for settlement by the customer is 1 day from the publication of this notice. If payment is not made, the auction will proceed as scheduled. For further details, interested parties may contact the branch directly. A practical tip: Arrive early on auction day to complete any required registration and to inspect the gold items before bidding begins.
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