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AUCTION: Gold Ornaments at Mobilink Bank Branch Shaheed Chowk Sargodha

Tender No: 42201-0438602-9
Expired Tender
Closing Date:
2026-01-28

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 invites interested parties to participate in the public auction of pledged gold ornaments at its Shaheed Chowk Branch, Sargodha. This auction is being conducted as per the bank's policy for disposal of unredeemed pledged assets. The auction will take place at the branch premises on 28 January 2026 at 11:00 AM sharp. All interested bidders are encouraged to inspect the items prior to the auction date. Items being auctioned: - Gold ornaments pledged against loan account number 42201-0438602-9, total weight 21 tola (approximately 244.95 grams), with an estimated value of Rs. 1,490,000 The gold ornaments are being sold as a single lot. The successful bidder will be required to deposit the full bid amount immediately after the auction. Only those who deposit the earnest money as specified by the bank will be eligible to participate. The auction is open to all eligible individuals and firms, subject to compliance with the bank's terms and conditions. Bidders must bring their original CNIC and proof of address for registration. The bank reserves the right to accept or reject any bid without assigning any reason. The auction will be held at Mobilink Bank, Shaheed Chowk Branch, Sargodha. For further details, interested parties may contact the branch during working hours. It is advisable for bidders to arrive early on the auction day to complete the registration process and review the gold items in person. Remember to verify the gold's weight and condition before bidding to make an informed decision.
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