AUCTION: U Microfinance Bank Branch Furniture and Equipment at Multiple Locations

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. U Microfinance Bank Limited is conducting an open auction for the disposal of used furniture and equipment from several of its branches. The auction will be held at the U Bank Head Office, G-8/4, Islamabad, on 9 July 2026 at 11:00 AM. Interested parties are invited to participate and bid for the listed items. The auction is open to all eligible bidders who can meet the terms and conditions set by the bank. Earnest money of **PKR 10,000** is required to participate in the auction, which must be deposited before the auction date. Items being auctioned: - Furniture and equipment from Branch 15, Ground Floor, Eden Centre, Main Boulevard, Gulberg III, Lahore - Furniture and equipment from Branch, Main Bazar, Mianwali - Furniture and equipment from Branch, Plot No. 47-B, Satellite Town, Sargodha - Furniture and equipment from Branch, Main Bazar, Bhakkar - Furniture and equipment from Branch, Main Bazar, Layyah - Furniture and equipment from Branch, Main Bazar, Jauharabad The auction includes a variety of office furniture and equipment, such as desks, chairs, cabinets, and possibly electronic items, as typically found in bank branches. All items will be sold on an as-is-where-is basis. Bidders are encouraged to inspect the items at the respective branch locations prior to the auction date. Only those who deposit the required earnest money will be allowed to participate in the bidding process. Participants must bring valid identification and proof of earnest money deposit. The successful bidders will be required to make full payment and arrange for the removal of items within the stipulated time frame. For best results, bidders should visit the branches in advance to assess the condition of the items and prepare their bids accordingly. This practical step can help you make informed decisions and avoid surprises on auction day.