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AUCTION: U Microfinance Bank Limited Unserviceable Vehicles and Scrap Islamabad 2026

Tender No: B125201
Expired Tender
Closing Date:
2026-08-11

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, Islamabad, is conducting an open auction for the disposal of unserviceable vehicles and scrap items at its head office. The auction will be held on 11 August 2026 at 11:00 AM at the bank's premises in G-8/4, Islamabad. Interested parties are invited to participate and bid for the listed items. The auction is open to all eligible bidders who can fulfill the terms and conditions set by the bank. Items being auctioned: - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Suzuki Cultus (Model 2017, Islamabad registration) - Scrap items (various unserviceable office equipment and materials) All vehicles are registered in Islamabad and are being sold as-is, where-is. The auction will be conducted in the presence of the bank's authorized committee. Bidders must bring their original CNIC and deposit earnest money as per the auction terms. Successful bidders will be required to make full payment within the stipulated time. The bank reserves the right to accept or reject any bid without assigning any reason. Bidders are advised to inspect the vehicles and scrap items before the auction date to assess their condition. For further details, contact the bank's procurement department at the given phone number. A practical tip: Arrive early on auction day to complete registration and review the items in person, as competition for vehicles is usually high.
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