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AUCTION: Sale of Bank Alfalah's Old Used Assets/Items Lot No. 01

Active Tender
Closing Date:
2026-10-15

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Bank Alfalah invites sealed bids for the sale of its old used assets/items on a lump sum lot basis and on an 'as is where is' basis. The sale is for Lot No. 01 (Miscellaneous Asset/Items) located at Bank Alfalah Warehouse, CIB-20, 21, 22, Sector 16, Korangi Industrial Area, Karachi. Interested bidders may inspect the items at the specified location from 9th October to 15th October 2026 between 10:00 am and 5:00 pm. Items being auctioned: - Lot No. 01 (Miscellaneous Asset/Items) at Bank Alfalah Warehouse, Korangi Industrial Area Bidders must submit a Pay Order, Demand Draft, or Banker's Cheque amounting to 20% of their bid as Bid Security/Earnest Money along with the bid form. This amount is refundable to unsuccessful bidders. The bid offers should be without deduction of tax. Advance tax will be applied as per government terms and prevailing rates. The bank reserves the right to reject any or all bids without assigning any reason and may cancel the invitation at any time. The assets/items are sold on an 'as is where is' basis without any warranty of use or merchantability, and the bank disclaims any liability regarding the quality of the assets/items. This auction is a valuable opportunity for bidders to acquire miscellaneous assets from a reputable financial institution in Karachi. Bidders should ensure timely submission of their bids and compliance with all terms to avoid disqualification. Inspecting the assets beforehand is highly recommended to assess their condition and value accurately. Contact persons for this auction are Mr. Fahad Ali Khan and Mr. Moin Ul Amjad Khan, reachable at the provided phone numbers. Bidders should prepare their bid security and documentation carefully to meet the bank's requirements and increase their chances of success.
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