Public Auction of Gold Ornaments by Mobilink Bank Branch Adama Iqbal Town
Auction details
Mobilink Bank, Branch Adama Iqbal Town (Branch Code 2032), gives public notice of an auction of pledged gold ornaments. The bank extended finance secured by deposit and pledge of gold to the customers listed below. The customers have neglected and failed to repay the finance and have been notified. The bank will conduct the auction as stated below.
Auction date and time: 27-10-2026 at 10:00 AM. The auction is associated with Mobilink Bank Branch Adama Iqbal Town, Branch Code 2032.
Items and account details: The notice lists two customers whose pledged gold ornaments are to be auctioned. Customer 1: Name Muhammad Rehman, CNIC 35202-5164469-9, address House No. 572, Mohalla H Block, Sabzazar Scheme, Multan Road, Lahore. Gold weight shown as 38.850 and described as gold ornaments. Customer 2: Name Muhammad Usama, CNIC 35501-0987489-7, address Mohalla Nathus Bazat, Morh Kundin. Gold weight shown as 19.000 and described as gold ornaments.
Demand for repayment and timeframe: The notice requires payment of the entire outstanding financed amount together with applicable charges. Payment is to be made to Mobilink Bank within one day of the publication of this notice. The publication date of this notice is 2026-10-24, so the one-day payment period refers to the day following publication.
Consequences of non-payment: If the required payment is not made within the stated period, Mobilink Bank will auction the listed gold ornaments. The notice states that no further public notice will be issued to call upon the customers to make payment prior to the auction.
Other conditions and contact information: The notice does not publish a reserve price, bid security, document fee, sale conditions, or contact name or phone number. The auction is announced by Mobilink Bank Branch Adama Iqbal Town (Branch Code 2032). Persons interested in the auction should attend at the branch on the stated auction date and time.
Documents, submission and contact
- Auction venue
- Mobilink Bank Branch Adama Iqbal Town (Branch Code 2032)
Published in
Listed from a public newspaper advertisement. Verify dates, fees and submission requirements with Mobilink Bank Branch Adama Iqbal Town before bidding. Listing PT-357.