AUCTION: U Microfinance Bank Islamabad Branch Furniture and Scrap Disposal

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 various branches in Islamabad. Interested parties are invited to participate in this auction, which will be held at the bank's head office in Islamabad. The auction is scheduled for 18 August 2026 at 11:00 AM, and all participants must bring their original CNIC for registration. The auctioned items are available for inspection at the respective branch locations prior to the auction date. Items being auctioned: - Used furniture and scrap at Model Town Branch, Islamabad - Used furniture and scrap at G-8 Markaz Branch, Islamabad - Used furniture and scrap at I-8 Markaz Branch, Islamabad - Used furniture and scrap at G-6/3 Branch, Islamabad - Used furniture and scrap at G-9/1 Branch, Islamabad - Used furniture and scrap at G-7/2 Branch, Islamabad - Used furniture and scrap at F-8/3 Branch, Islamabad - Used furniture and scrap at F-8/4 Branch, Islamabad Each lot consists of various office furniture, workstations, chairs, tables, and miscellaneous scrap items. The auction will be conducted in the presence of the bank's authorized committee, and successful bidders must deposit the full payment immediately after the auction. All items are sold on an as-is-where-is basis, and no claims regarding quality or quantity will be entertained after the auction. Participants must ensure they have sufficient funds and transport arrangements for immediate removal of items after payment. Earnest money or CDR is not required for this auction, but bidders are advised to arrive early for registration and inspection. The auction committee reserves the right to accept or reject any bid without assigning any reason. A practical tip: Visit the branches in advance to inspect the items and assess their condition, as this will help you make informed bids and avoid surprises on auction day.