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AUCTION: Gold Ornaments Pledged at Mobilink Bank Sialkot Branch

Active Tender
Closing Date:
2026-09-30

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 Sialkot branch is announcing an auction of gold ornaments pledged as security against finance facilities extended to a customer who has failed to repay the outstanding amount along with markup. The auction is scheduled for 30-09-2026 at 10:00 AM. Items being auctioned: - Gold ornaments weighing 22.6 grams, 1 Kara The pledged gold belongs to the customer Muhammad Umair Javaid residing at Street Master Nazeer, Mohallah Shahabpura, Sialkot. The bank has issued this public notice to inform the customer that if payment of the entire outstanding financed amount along with markup is not made within 1 day of this notice's publication, the gold ornaments will be auctioned without further notice. This auction provides an opportunity for interested bidders to acquire gold ornaments through a transparent process conducted by Mobilink Bank. Bidders should prepare to participate on the auction date and ensure compliance with any bank requirements for bidding. Interested parties should note the auction date and location carefully. It is advisable to verify the condition and authenticity of the gold ornaments prior to bidding. Earnest money or bid security details are not specified in this notice, so bidders should contact the bank branch for further instructions. This notice serves as the final call to the customer to clear dues and avoid auction. Mobilink Bank emphasizes timely payment to prevent loss of pledged assets. Bidders are encouraged to attend the auction punctually and bring valid identification and any required documentation to participate effectively.
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