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AUCTION: Sale of Vehicles by Al Baraka Bank (Pakistan) Limited in Lahore

Active Tender
Closing Date:
2026-09-25

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. Al Baraka Bank (Pakistan) Limited is offering for auction several vehicles on an 'as is, where is' basis in Lahore. Interested bidders can inspect the vehicles at the warehouse from 23-09-2026 to 25-09-2026 during office hours until 5:00 p.m. The vehicles available for sale include: - 02 Suzuki Cultus (2019, 2021) - 01 Honda Civic (2018) - 01 Honda City (2021) - 01 Toyota Corolla Altis (2021) The auction is being conducted by Al Baraka Bank (Pakistan) Limited in Lahore, Punjab. Bidders must submit their sealed bids along with a CNIC copy and a pay order in favor of Al Baraka Bank (Pakistan) Limited for an earnest money amount of PKR 20,000 (Twenty Thousand Rupees only), refundable if the bid is unsuccessful. The last date and time for bid submission is 25-09-2026 before 5:00 p.m. Bids should be submitted at 112- Rafi Mansion, opposite Alflah Building near Punjab Assembly, Mall Road, Lahore. The bank reserves the right to accept or reject any quotation without providing any reason. The highest or successful bidder will be required to pay the full bid amount in cash or through a pay order within two working days of acceptance notification. Failure to comply will result in cancellation of the bid and forfeiture of the earnest money. The bank's decision will be final and binding on all bidders. Bidders are advised to carefully inspect the vehicles during the inspection period and ensure all bid documents are complete and submitted on time to avoid disqualification.
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