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AUCTION: Toyota Yaris 2020 (Registration ABP-474) by HBL Lahore

Tender No: ABP-474
Active Tender
Closing Date:
2026-10-01

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. Habib Bank Limited (HBL) invites sealed bids for the public auction of a bank-owned vehicle at its The Mall Branch, Lahore. This auction presents an opportunity for interested buyers to acquire a well-maintained car directly from a reputable financial institution. The vehicle being auctioned is as follows: - Toyota Yaris, Model 2020, Registration Number ABP-474 The auction is open to all eligible participants who can submit their sealed bids on a plain paper, clearly mentioning the offered amount and the vehicle registration number. Bids must be received by HBL The Mall Branch, Lahore, no later than **01 October 2026**. It is mandatory for bidders to arrange for the transfer of the vehicle after successful bidding. A refundable Earnest Money (Bid Security) equivalent to **10% of the offered bid amount** must be deposited via pay order or demand draft in favor of HBL. The successful bidder will be required to pay the remaining amount within **three days** of the auction result. If the successful bidder fails to pay the balance, the Earnest Money will be forfeited and the next highest bidder may be considered. The vehicle can be inspected at HBL 200-H, The Mall, Lahore, from **28 September 2026** to **30 September 2026** between 2:30 PM and 5:00 PM. The auction committee reserves the right to accept or reject any or all bids without assigning any reason. For bidders, it is advisable to inspect the vehicle thoroughly during the given dates and ensure all bid documents, including Earnest Money, are complete and submitted on time. This will help avoid disqualification due to incomplete paperwork.
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