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AUCTION: Sale of Suzuki Swift, Suzuki Alto VXR Euro II, Kia Picanto Vehicles

Active Tender
Closing Date:
2026-11-20

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. Dubai Islamic Bank invites sealed bids from interested parties for the sale of vehicles currently parked at Warehouse Plot # St 4/6 Sector 24 Korangi Karachi. Inspection of vehicles is scheduled for Friday, 18th November 2026 from 9:00 AM to 5:00 PM. Items being auctioned: - Suzuki Swift A/T Navigation, Model 2018, Registration No BNU-854 - Suzuki Alto VXR Euro II, Model 2024, Registration No CAD 294 - Kia Picanto, Model 2022, Registration No BXG 391 The vehicles are offered on an 'As is where is' basis with excise files available. Bidders must submit sealed quotations in the Quotation Box at the DIBPL Collection Department, Plot # 109D, B Commercial Area DHA Phase 1 Karachi by Monday, 19th November 2026, 9:00 AM to 5:00 PM. Only sealed envelopes will be entertained on Friday, 20th November 2026 (auction day). Successful bidders will be notified and required to pay within two working days. Nonpayment may result in forfeiture and re-negotiation by the bank. The bank reserves the right to accept or reject any bid and cancel activities without assigning reasons. A 10% sales tax on sale proceeds will be charged for government deposit. Interested bidders should contact Mr Muhammad Nabi at 0346-2002799 for queries. Ensure your sealed bid is marked CONFIDENTIAL and includes NIC copy, complete address, and phone number. The auction offers a transparent opportunity to acquire quality vehicles in Karachi. Bidders are advised to inspect vehicles carefully during the scheduled inspection and prepare their bids accordingly.
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