AUCTION: Sale of BAIC BJ40 Vehicle 2022 Model by MCB Islamic Bank Ltd Islamabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. MCB Islamic Bank Ltd is offering a vehicle for sale on an "as is where is" basis in Islamabad. The vehicle available for auction is a BAIC BJ40, white color, model year 2022. Interested bidders can inspect the vehicle at Plot 239, Street 8, Sector I-9/3, Islamabad between 10:00 AM and 5:00 PM from Wednesday 12th August 2026 until Sunday 16th August 2026. Sealed bids must be submitted along with a deposit of 10% of the bid amount in the form of a pay order payable to MCB Islamic Bank Ltd. The bidding period closes on Sunday 16th August 2026. Successful bidders will be contacted by the bank on Wednesday 19th August 2026. The bank reserves the right to reject or decline any or all bids without assigning any reason. Applicable tax rates are 10% for filers and 20% for non-filers on the winning bid. Items being auctioned: - BAIC BJ40 vehicle, white, model 2022 This auction provides a good opportunity for buyers interested in acquiring a relatively new vehicle directly from a reputable bank. Bidders should ensure their pay orders are prepared in advance to avoid disqualification. The inspection period allows thorough assessment of the vehicle condition before bidding. It is advisable to attend the inspection personally or send a trusted representative to verify the vehicle's status. The bank's contact numbers 03320588429 and 03005303961 are available for further inquiries. Bidders should submit their sealed bids timely to avoid missing the deadline.