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AUCTION: Gold Ornaments Pledged at Mobilink Bank Talagang Branch

Active Tender
Closing Date:
2026-10-29

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 Talagang branch is conducting an auction of gold ornaments pledged as security against finance facilities extended to customers who have defaulted on repayment. The auction will take place on 29-10-2026 at 10:00 AM at the Talagang branch. Items being auctioned include gold ornaments pledged by the following customers: - Rizwan Haider: 14.3 GM gold consisting of 1 Ghari Churi, 1 Tikka, 1 Kanta - Naseem Akhtar: 13 GM gold consisting of 1 Churi, 1 Kanta - Sana Ullah: 2.86 GM gold consisting of 1 Locket, 1 Ring - Muhammad Naveed: 8.65 GM gold consisting of 1 Gani, 2 Rings - Nasira Batool: 35.4 GM gold consisting of 1 Jori Kary, 1 Jori Kantay, 1 Gani, 1 Jori Wali - Mehnaz Fatima: 1.74 GM gold consisting of 2 Kantay The auction is being held due to non-payment of the financed amount along with markup by the customers. The pledged gold is located at the Talagang branch, Chakwal district. Interested bidders should note that payment of the entire outstanding amount along with markup was required within 1 day of this notice's publication to avoid auction. No further public notice will be issued. Bidders should prepare to attend the auction in person at the Talagang branch on the specified date and time. It is advisable to inspect the items beforehand if possible and arrange earnest money or pay order as per bank requirements. This auction provides an opportunity to acquire gold ornaments at potentially competitive prices due to the secured finance default. Ensure timely attendance and compliance with auction terms to avoid disqualification. Mobilink Bank reserves the right to cancel or postpone the auction without prior notice.
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