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

Tender No: 10/609
Active Tender
Closing Date:
2026-10-05

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. U Microfinance Bank Limited is conducting an open auction for the disposal of used furniture, fixtures, and equipment from its various branches across Pakistan. The auction will be held at the U Bank Head Office, Islamabad, and is open to all interested parties who wish to acquire these items. The auction is scheduled for 5 October 2026 at 11:00 AM, and all items will be sold on an as-is-where-is basis. Bidders are encouraged to inspect the items at their respective branch locations prior to the auction date. Items being auctioned: - Used furniture and fixtures from U Bank Branch, G-8/4, Islamabad - Used furniture and fixtures from U Bank Branch, G-10 Markaz, Islamabad - Used furniture and fixtures from U Bank Branch, F-10 Markaz, Islamabad - Used furniture and fixtures from U Bank Branch, F-11 Markaz, Islamabad - Used furniture and fixtures from U Bank Branch, Blue Area, Islamabad - Used furniture and fixtures from U Bank Branch, Saddar, Rawalpindi - Used furniture and fixtures from U Bank Branch, Commercial Market, Rawalpindi - Used furniture and fixtures from U Bank Branch, Satellite Town, Rawalpindi - Used furniture and fixtures from U Bank Branch, Chaklala Scheme 3, Rawalpindi - Used furniture and fixtures from U Bank Branch, Saddar, Peshawar - Used furniture and fixtures from U Bank Branch, Saddar, Lahore - Used furniture and fixtures from U Bank Branch, Gulberg, Lahore - Used furniture and fixtures from U Bank Branch, Saddar, Karachi - Used furniture and fixtures from U Bank Branch, Saddar, Quetta The auction includes chairs, tables, counters, cabinets, and other office equipment. All items are being sold in their current condition, and no warranty or guarantee is provided by U Bank. Interested bidders must bring their original CNIC and deposit a refundable earnest money of 10 percent of the bid amount in the form of pay order or CDR at the time of auction. Successful bidders are required to clear all dues and remove the items within the stipulated time after the auction. The auction will be conducted at the U Bank Head Office, Plot No. 70, Sector G-8/4, Islamabad. For further details, contact the undersigned at 051-111-282-265. Bidders are advised to arrive early and inspect the items thoroughly before bidding. A practical tip: bring a vehicle and labor with you on auction day to facilitate immediate removal of purchased items, as delays may incur storage charges.
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