AUCTION: Cars and Motorcycles Disposal by MCB Bank Lahore 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. MCB Bank Limited is conducting an open auction for the disposal of used vehicles and motorcycles at its premises in Lahore. The auction will be held on 11 September 2026 at 9:15 AM, with the vehicles available for inspection from 07 September 2026 to 10 September 2026 between 9:15 AM and 5:00 PM. The auction is open to all interested parties, and the vehicles will be sold on an as-is-where-is basis. Items being auctioned: - Suzuki Cultus (Qty: 05, Model: 2011) - Suzuki Mehran (Qty: 06, Model: 2011) - Honda CD-70 Motorcycle (Qty: 02, Model: 2011) - Honda CD-125 Motorcycle (Qty: 01, Model: 2011) All vehicles and motorcycles are available for physical inspection at the specified location. The successful bidders must deposit 20 percent of the bid amount on the spot, with the remaining balance to be paid within 10 days of the auction. Failure to pay the balance within the stipulated time will result in forfeiture of the deposited amount. The auction committee reserves the right to reject any or all bids without assigning any reason. Bidders are required to bring their original CNIC and a pay order for earnest money as per the auction terms. The last date for payment of the remaining amount is 15 September 2026 at 5:00 PM. For further details, contact the numbers provided below. A practical tip: Arrive early on the inspection days to thoroughly check the vehicles and motorcycles, as this will help you make an informed bid and avoid surprises after the auction.