AUCTION: HBL Bank Used Suzuki Alto VXL and Alto AGS Cars 2025 Models

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 inviting the public to participate in an open auction for the sale of two used bank vehicles in Karachi. This auction presents an opportunity for interested buyers to acquire well-maintained Suzuki Alto cars, both 2025 models, previously registered and used by the bank. The auction will be conducted at the HBL Head Office, and all interested parties are encouraged to review the terms and conditions carefully before participating. Items being auctioned: - Suzuki Alto VXL, Model 2025, Registration Number AAL-736 - Suzuki Alto AGS, Model 2025, Registration Number BFU-842 Both vehicles are being offered on an as-is-where-is basis. Prospective bidders must ensure that the registration book and all relevant documents are in order before the auction date. The vehicles can be inspected at the designated location prior to the auction. Bidders are required to submit a pay order or demand draft equivalent to 10 percent of the bid amount as earnest money, which will be adjusted against the final payment for successful bidders. An additional 15 percent of the bid amount must be deposited as advance tax, as per applicable government regulations. The auction will be held on 25 September 2026, between 2:30 PM and 5:30 PM at the HBL Head Office in Karachi. The highest bidder will be required to complete the payment and transfer process by 28 September 2026. In case of failure to complete the transaction, the earnest money will be forfeited. All payments must be made through official banking channels, and no cash transactions will be entertained. For further details or to arrange a vehicle inspection, interested parties may contact the HBL Manager at the provided phone number. Practical tip: Arrive early on the auction day to inspect the vehicles thoroughly and ensure your pay order is ready to avoid last-minute delays.