AUCTION: Gold Ornaments Pledged at Mobilink Bank Ranipur Branch

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 Ranipur Branch is conducting an auction of pledged gold ornaments due to non-payment of outstanding financed amounts by the customer. The auction is scheduled for 30-09-2026 at 2:00 PM at the Ranipur branch. The customer, Tasleem Ahmed Ghanghro, has pledged gold against finance facilities extended by the bank but has failed to repay the dues. Items being auctioned: - Gold Ornaments weighing 9.5 grams including 2 Jhumky, 6 Half Baliyan, and 2 Rings. The pledged gold is located at the Ranipur branch, specifically at Village Wattni Wada, Ranipur, Sobhodero, District Khairpur Mirs. The auction is a result of the customer's failure to clear the outstanding amount within one day of this notice's publication. Mobilink Bank reserves the right to auction the gold ornaments without further public notice. Bidders should note the auction date and time carefully and prepare to participate in the open auction process. Earnest money or bid security details are not specified in the notice. Interested parties should contact the bank branch directly for further details. A practical tip for bidders is to verify the authenticity and condition of the gold ornaments before the auction and ensure timely payment to avoid disqualification. Participation in such auctions requires readiness to pay immediately upon winning the bid. This auction provides an opportunity to acquire gold ornaments at potentially competitive prices directly from the bank's pledged assets in Ranipur.