AUCTION: Suzuki Alto VXR Car (Reg No. AKU-8551) Sale by DIBPL Lahore

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 Pakistan Limited (DIBPL) invites sealed bids for the auction of a repossessed vehicle at its Lahore branch. This is an excellent opportunity for interested buyers to acquire a used Suzuki Alto VXR through a transparent and competitive process. The auction will be conducted at the DIBPL branch located at 575-B, Faisal Town, Lahore, with bid submissions accepted from 11:30 AM to 4:30 PM on 3rd September 2026. Items being auctioned: - Suzuki Alto VXR (Reg No. AKU-8551, Engine No. 6354366, Chassis No. 1254483, Customer Name: Muhammad Arif, Original Registration Card: Yes) The vehicle is being sold on an as-is basis, and all interested parties are encouraged to inspect the car prior to submitting their bids. The auction is open to the general public, and the highest sealed bid received by the deadline will be considered for acceptance. Bidders must submit their offers in sealed envelopes marked Confidential, along with a valid copy of their CNIC and contact details. Successful bidders will be required to deposit 10 percent of the bid amount as Earnest Money within the stipulated time, with the balance payable upon completion of formalities. For further information or to arrange an inspection, bidders may contact the branch at 0322-7211115. All bids must be submitted at the branch address provided above. It is advisable for bidders to carefully review the vehicle documents and physical condition before making an offer, as the sale is strictly on a where-is basis. A practical tip: bring your own mechanic for inspection to ensure you are fully aware of the car's condition before bidding. The deadline for bid submission is 3rd September 2026 at 4:30 PM. Late bids will not be entertained.