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AUCTION: Bank's Vehicles Suzuki Alto VXR BGJ-124 and AXX-352

Active Tender
Closing Date:
2026-09-22

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. Habib Bank Limited (HBL) invites sealed bids from prospective bidders for the auction of two bank vehicles located in Multan. The vehicles offered are Suzuki Alto VXR models with registration numbers BGJ-124 (2025 model) and AXX-352 (2021 model). Interested bidders must submit their sealed bids in envelopes clearly marked with the vehicle registration numbers to the Regional Collection Manager at HBL Consumer Center, 1st Floor, Hussain Agahi Road Main Branch, Multan. The deadline for bid submission is the close of business on 22nd September 2026. The vehicles are available for inspection at the HBL warehouse on Old Bahawalpur Road near the Irrigation Office on 21st September 2026 from 2:00 pm to 5:00 pm. Documentation details will be provided at the time of inspection. Bidders must accompany their bids with earnest money via Demand Draft or Pay Order equal to 10% of the bid amount in favor of HBL. Unsuccessful bidders will have their pay orders refunded within 10 days of bid opening. The auction will be conducted on an 'as is where is basis' by the Auction Committee on 23rd September 2026 at the HBL Consumer Center, 1st Floor, Hussain Agahi Road Main Branch, Multan. The successful bidder will be responsible for all taxes and transfer fees. The balance of the purchase price must be paid within three working days of acceptance, failing which 10% of the down payment will be forfeited. HBL reserves the right to accept or reject any or all offers without providing any reason. Items being auctioned: - Suzuki Alto VXR, Registration No. BGJ-124, Model 2025 - Suzuki Alto VXR, Registration No. AXX-352, Model 2021 Bidders are advised to carefully inspect the vehicles during the inspection period and ensure all bid documents are complete and submitted on time. Early preparation of earnest money and bid documents will facilitate smooth participation in the auction process.
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