Auction of Official Vehicle Suzuki Jimny Jeep 2008

Zarai Taraqiati Bank Limited, Head Office Islamabad, is offering an open auction for the sale of an official vehicle, a Suzuki Jimny Jeep manufactured in 2008. The vehicle is located at the Regional Office in Gilgit, Gilgit-Baltistan. This auction provides an excellent opportunity for interested individuals and firms to acquire a government-owned vehicle on an 'AS IS WHERE IS' basis. The auction will be conducted through the PPRA EPADS System Version 2.0, ensuring transparency and ease of participation. The vehicle can be inspected at the Regional Office in Gilgit on working days from 10:00 AM to 4:00 PM up to one day before the auction date. Bidders must submit a Pay Order or Bank Draft of Rs. 20,000 as Earnest Money in favor of Zarai Taraqiati Bank Limited. Cross cheques are not accepted. Earnest Money must be submitted to the Procurement Department at the ZTBL Head Office or the Regional Operation Head in Gilgit before the deadline. Manual bid submissions will not be accepted. The reserve price for the vehicle is set at PKR 530,000 excluding tax. The successful bidder is required to deposit PKR 150,000 within five days of the award and the remaining amount within 15 working days. Failure to comply will result in forfeiture of the Earnest Money. Tax will be charged at 10% for active tax filers and 20% for non-filers. Transfer fees and other government charges are the responsibility of the purchaser. Bidders should ensure they are registered and active on the EPADS platform to participate. It is advisable to carefully inspect the vehicle before bidding and prepare all required documents in advance. The submission deadline is 20th July 2026 at 11:00 AM, with bid opening at 11:30 AM the same day. For queries, contact the Head of Procurement at ZTBL Head Office Islamabad. This auction is a straightforward process for acquiring a government vehicle with clear terms and conditions, making it accessible for eligible bidders.