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AUCTION: Gold Ornaments from Mobilink Bank Branch Sahiwal

Tender No: 3023
Expired Tender
Closing Date:
2026-03-28

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 Limited, Sahiwal branch, is conducting an open auction for gold ornaments that were pledged as collateral against defaulted loans. The auction will take place at the branch premises, and interested buyers are invited to participate as per the schedule provided. The following gold items are available for auction: - 26 grams gold ornaments belonging to account number 38401-1150388-8 (Muhammad Imran S/O Muhammad Ramzan) - 27 grams gold ornaments belonging to account number 38401-3539894-1 (Muhammad Aslam S/O Abdul Ghafoor) These gold ornaments are being auctioned due to non-payment of loans by the respective borrowers. The auction will be held on 28 March 2026 at 10:00 AM at the Mobilink Bank Sahiwal branch. Interested parties are encouraged to inspect the gold items prior to the auction date during banking hours. All participants must bring valid identification and be prepared to deposit earnest money as per the bank's requirements. The highest bidder for each lot will be required to make payment immediately after the auction concludes. The bank reserves the right to reject any or all bids without assigning any reason. A practical tip for bidders: Arrive early on the auction day to complete registration and inspect the gold items in person, as this will help you make an informed bid and avoid last-minute rush.
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