AUCTION: Gold Ornaments Pledged Against Loan Account 33203-614831-1 at Mobilink Bank Sadiqabad 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 Limited, Sadiqabad Branch, is conducting a public auction of gold ornaments pledged as security against a defaulted loan account. The auction is being held to recover outstanding dues from the borrower who has failed to repay the loan despite repeated notices. Interested parties are invited to participate in the auction process and bid for the gold ornaments as per the details provided below. Items being auctioned: - Gold Ornaments (14 tolas, 2 pieces) The pledged gold ornaments are currently in the custody of Mobilink Bank Limited, Sadiqabad Branch, and will be available for inspection prior to the auction. The auction will take place at the branch premises on 30 September 2026 at 10:00 AM sharp. Only those bidders who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate in the bidding process. The successful bidder will be required to make full payment immediately after the auction is concluded and collect the gold ornaments upon verification of payment. All participants must bring their original CNIC and proof of earnest money deposit. The auction will be conducted in accordance with the bank's policies and prevailing legal requirements. In case the auction does not fetch a satisfactory price, the bank reserves the right to reject any or all bids without assigning any reason. For further details, interested bidders may contact the branch during working hours. Tip: Arrive early on the auction day to inspect the gold ornaments and clarify any queries with the branch staff before bidding begins.