AUCTION: Suzuki Alto VXR Euro II Car (Contract 9976AD2251000001) at DIBPL Faisal Town Branch

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) is inviting sealed bids for the auction of a used vehicle at its Faisal Town Branch, Faisalabad. This auction presents an opportunity for interested individuals or parties to acquire a pre-owned Suzuki Alto VXR Euro II car. The auction will be conducted on Thursday, 3rd September 2026, with bids accepted from 11:30 AM to 4:30 PM at the branch premises. The vehicle is being sold on an as-is, where-is basis, and all relevant original documents are available for inspection. Items being auctioned: - Suzuki Alto VXR Euro II (Contract Reference Number: 9976AD2251000001, Customer Name: Muhammad Arif, Engine No: 6R354966, Chassis No: 1254988, Registration No: AWJ-551, Original Registration Card: Yes, Original Excise File: Yes, Original Number Plate: No) The reserve price for the vehicle is set at Rs. 575,000. Interested bidders must submit their sealed bids at the DIBPL Faisal Town Branch, 575-B, Ground Floor, West Canal Road, Faisalabad, by 4:00 PM on the closing date. The auction process will be conducted in a transparent manner, and the highest bid above the reserve price will be considered for acceptance. Bidders are required to deposit 10 percent of the bid amount as earnest money, which will be adjusted against the final payment for the successful bidder. All bids must be submitted in a confidential sealed envelope, clearly marked with the contract reference number. For further details or to inspect the vehicle, bidders may contact the branch at 0322-7211115. It is advisable for bidders to visit the branch in advance to inspect the vehicle and verify all documents before submitting their bids. Remember, submitting a competitive bid and ensuring all required documents are attached will increase your chances of success in this auction.