AUCTION: 3 Cars and 4 Motorcycles by MCB Bank Limited

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 sale of its used vehicles at its Karachi Head Office. The auction will take place on 8 July 2026, with vehicle inspection available on 7 July 2026 from 9:15 AM to 5:00 PM at the bank's premises. This auction presents an opportunity for interested buyers to acquire well-maintained vehicles directly from a reputable financial institution. Items being auctioned: - 3 Cars (details and models to be inspected at site) - 4 Motorcycles (details and models to be inspected at site) All vehicles are being sold on an as-is-where-is basis. Interested parties are encouraged to inspect the vehicles thoroughly during the designated inspection period. The auction will be held on 8 July 2026 at 5:00 PM. Bidders must deposit a pay order or CDR equivalent to 10 percent of the reserve price as earnest money to participate in the auction. Successful bidders are required to pay 20 percent of the total bid amount immediately after the auction, with the remaining balance to be paid within the stipulated time frame as per the auction terms. All participants must bring valid CNIC copies and proof of earnest money deposit. The auction is open to individuals and companies, and all vehicles will be transferred to the successful bidders after full payment and completion of documentation. For further details, contact the numbers provided below or visit the MCB Bank Limited Head Office in Karachi. Tip: Arrive early for the inspection to thoroughly check the vehicles and clarify any queries with the auction committee before bidding.