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AUCTION: U Microfinance Bank Branch Furniture and Scrap Items at Multiple Locations

Active Tender
Closing Date:
2026-10-28

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 and scrap items from several of its branches. The auction will be held at the respective branch locations, with the main event scheduled for 28 October 2026 at 11:00 AM. Interested parties are invited to participate and bid for the listed items, which are being sold on an as-is-where-is basis. The auction is open to all eligible bidders who can fulfill the terms and conditions set by the bank. Items being auctioned: - Used furniture and scrap items at U Bank Branch, Chak 36SB, Sargodha - Used furniture and scrap items at U Bank Branch, Gojra, District Toba Tek Singh - Used furniture and scrap items at U Bank Branch, Jauharabad, District Khushab - Used furniture and scrap items at U Bank Branch, Mianwali - Used furniture and scrap items at U Bank Branch, Bhakkar - Used furniture and scrap items at U Bank Branch, Layyah - Used furniture and scrap items at U Bank Branch, Muzaffargarh - Used furniture and scrap items at U Bank Branch, Dera Ghazi Khan Each branch will offer its own lot of furniture and scrap, which may include chairs, tables, counters, cabinets, and miscellaneous office items. The auction is being held at the respective branch premises, and all items must be inspected by interested bidders prior to the auction date. Bidders are required to bring valid identification and deposit earnest money as per the bank's policy before participating in the bidding process. The auction will be conducted in a transparent manner, and the highest bidder for each lot will be awarded the items upon full payment. All payments must be made via pay order or bank draft in favor of U Microfinance Bank Limited. For further details, bidders may contact the bank's head office in Islamabad or call the provided number. A practical tip: visit the branches in advance to inspect the items and assess their condition, as all sales are final and no claims will be entertained after the auction.
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