AUCTION: Bank Vehicles Suzuki Bolan STV VX and Toyota Corolla Altis Grande

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Habib Bank Limited (HBL) is conducting a public auction for the disposal of two bank vehicles at HBL The Mall Branch, Lahore. Interested bidders are invited to participate in the auction process for the following vehicles: - Suzuki Bolan STV VX, Model 2022, Registration No. AZG-203 - Toyota Corolla Altis Grande, Model 2022, Registration No. ALX-691 Both vehicles are being offered as-is, and prospective buyers are encouraged to inspect the vehicles prior to bidding. The auction will be held on 14 March 2026 from 2:30 PM to 5:00 PM at HBL The Mall Branch, Lahore. Bidders must bring a valid CNIC and deposit an Earnest Money of PKR 20,000 per vehicle in the form of a pay order in favour of HBL. The successful bidder will be required to pay 10 percent of the bid amount immediately after the auction, with the balance payable within 5 working days. Failure to pay the balance within the stipulated time will result in forfeiture of the Earnest Money. All applicable taxes and transfer charges will be borne by the successful bidder. Vehicles can be inspected at HBL The Mall Branch during working hours prior to the auction date. Only those who have deposited the Earnest Money will be allowed to participate in the bidding process. A practical tip: Arrive early on the auction day to complete the registration process and inspect the vehicles thoroughly, as this will give you a better chance to assess their condition and make an informed bid. For further details, contact HBL The Mall Branch, Lahore at the numbers provided below.