Auction of Unserviceable Vehicles, Furniture, IT Equipment, and Miscellaneous Scrap at U Microfinance Bank Islamabad

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, invites interested parties to participate in the open auction of various unserviceable and obsolete assets. The auction will be held on 24 June 2024 at 10:00 AM at the bank's head office in Islamabad. This is an excellent opportunity for bidders to acquire used vehicles, office furniture, IT equipment, and miscellaneous scrap items directly from a reputable financial institution. Items being auctioned: - Suzuki Cultus Car (Model 2017, Registration No. AEB-422/Islamabad) - Suzuki Cultus Car (Model 2017, Registration No. AEB-298/Islamabad) - Office Furniture (various items) - IT Equipment (computers, printers, and accessories) - Miscellaneous Scrap (unserviceable items) All items are available for inspection at the bank's premises prior to the auction date. Interested bidders are encouraged to visit and verify the condition of the assets. The auction will be conducted in accordance with the bank's terms and conditions, and successful bidders must deposit the full payment immediately after the auction. Earnest Money in the form of Pay Order or CDR is required for participation, as per the details provided in the auction notice. Bidders must bring original CNIC and proof of earnest money deposit on the day of the auction. The auction committee reserves the right to accept or reject any bid without assigning any reason. For further details, contact the bank's administration at the provided phone number. Submission of bids will be in person at the head office on the auction day. A practical tip: Arrive early to inspect the items thoroughly and ensure your earnest money documents are complete to avoid any last-minute issues. For more information, visit the bank's head office or call the contact number below.