AUCTION: U Microfinance Bank Branch Furniture and Equipment Scrap 2026

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 equipment from its various branches. The auction will be held at the U Bank Head Office, G-8/4, Islamabad, on 30 September 2026 at 11:00 AM. Interested parties are invited to participate and bid for the listed items, which are being sold as scrap. The auction is open to all eligible bidders who can fulfill the terms and conditions set by the bank. A refundable earnest money deposit of 10 percent of the bid amount is required to participate in the auction, payable via pay order in the name of U Microfinance Bank Limited. Items being auctioned: - Branch furniture and equipment scrap (Abbottabad Branch) - Branch furniture and equipment scrap (Bahawalpur Branch) - Branch furniture and equipment scrap (Dera Ghazi Khan Branch) - Branch furniture and equipment scrap (Faisalabad Branch) - Branch furniture and equipment scrap (Gujranwala Branch) - Branch furniture and equipment scrap (Hyderabad Branch) - Branch furniture and equipment scrap (Karachi Branch) - Branch furniture and equipment scrap (Lahore Branch) - Branch furniture and equipment scrap (Multan Branch) - Branch furniture and equipment scrap (Peshawar Branch) - Branch furniture and equipment scrap (Quetta Branch) - Branch furniture and equipment scrap (Rawalpindi Branch) All items are available for inspection prior to the auction date at their respective branch locations. The auction will be conducted in accordance with the bank's policies, and successful bidders must deposit the full payment within the stipulated time after the auction. Bidders are advised to bring valid identification and proof of earnest money deposit on the day of the auction. For further details, contact the bank at the provided phone number. A practical tip: visit the branches in advance to inspect the items and assess their condition, as this can help you make more informed bids and avoid surprises on auction day.