AUCTION: U Microfinance Bank Limited Branch Furniture, Fixtures, and IT Equipment (Multiple Cities, 2026)
Expired Tender
Closing Date:
2024-07-05
2024-07-05
Tender Overview
- Category
- Asset Disposal & Auction / Metals & Scrap
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at U Bank Head Office, G-8/4, Islamabad before auction time
- Source Name
- Newspaper
Location & Dates
- City
- Islamabad
- Province
- Islamabad Capital Territory
- Country
- Pakistan
- Publish Date
- 2026-08-26
- Closing Date
- 2024-07-05
- Created At
- 2026-08-26 06:31:45
Contact & Websites
- Contact Person
- Head, General Services Department
- Contact Phone
- 051-111-282-265
Actions
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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 IT equipment from multiple closed branches across Pakistan. The auction will be held at the U Bank Head Office in Islamabad, and interested parties are invited to participate as per the schedule provided. This is an excellent opportunity for suppliers, resellers, and scrap dealers to acquire a variety of office assets in bulk directly from a reputable financial institution.
Items being auctioned:
- Furniture and fixtures from the following closed branches: Daska, Dera Ghazi Khan, Dera Ismail Khan, Faisalabad, Gujranwala, Gujrat, Hafizabad, Jhang, Jhelum, Kamalia, Khanewal, Kot Addu, Lahore, Mandi Bahauddin, Mianwali, Multan, Muzaffargarh, Okara, Rahim Yar Khan, Sahiwal, Sargodha, Sialkot, Toba Tek Singh, Vehari, Bahawalpur, Bahawalnagar, Layyah, Chichawatni, Bhakkar, Pakpattan, and Head Office Islamabad.
- IT equipment including computers, printers, and related accessories from the same branches.
The auction lots are organized by branch location, and each lot includes all available furniture, fixtures, and IT equipment from that branch. Specific itemized lists for each branch are available for inspection at the auction venue prior to bidding. All items are sold on an as-is-where-is basis, and bidders are encouraged to inspect the assets before the auction date.
Interested bidders must bring original CNIC and deposit the required Earnest Money in the form of Pay Order or CDR as specified by the bank. The auction will be conducted on July 5, 2026, at 11:15 AM at U Bank Head Office, G-8/4, Islamabad. For further details, contact the bank at 051-111-282-265.
Tip: Arrive early on the auction day to inspect the lots thoroughly and clarify any queries with the auction committee, as competitive bidding is expected for high-demand IT equipment.
