AUCTION: Old Furniture and Scrap Items at U Microfinance Bank Islamabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. U Microfinance Bank Limited, Islamabad, invites interested parties to participate in the open auction of old furniture and scrap items. The auction will be held at the bank's head office located in G-8/4, Islamabad. This is an excellent opportunity for individuals and businesses looking to acquire used office furniture and miscellaneous scrap materials at competitive rates. The auction is scheduled for 9 September 2026, starting at 11:00 AM sharp. Items being auctioned: - Old office furniture (various types and quantities) - Scrap items (details not specified in the notice) All items will be available for inspection prior to the auction. Interested bidders are encouraged to visit the site and examine the lots to assess their condition. The auction will be conducted in accordance with the bank's terms and conditions, which will be shared on the day of the event. Successful bidders will be required to deposit 10 percent of the bid amount as earnest money immediately after the auction. The remaining balance must be paid within the stipulated time frame as communicated by the auction committee. Participants must bring their original CNIC for registration. The auction is open to all eligible individuals and companies. For further details, contact the bank at the provided phone number. The auction venue is easily accessible, and parking arrangements are available for participants. Tip: Arrive early on the auction day to inspect the items thoroughly and secure a good spot in the bidding area. This will give you a better chance to evaluate the lots and make informed decisions during the auction.