AUCTION: Used Cars (Honda City 2019, Toyota Hiace 2022) at alBaraka Bank Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. alBaraka Bank (Pakistan) Limited is conducting an open auction for the sale of used vehicles currently available at its Karachi office. Interested parties are invited to participate in the auction process for the following cars: - Honda City, Model 2019, Quantity: 1 - Toyota Hiace, Model 2022, Quantity: 1 The auction will be held from 05 October 2026 to 07 October 2026, with the deadline for bid submission set at 07 October 2026, 5:00 PM. Vehicles can be inspected during office hours within this period. Bidders are required to bring their original CNIC and a refundable pay order of PKR 20,000 in the name of alBaraka Bank (Pakistan) Limited as earnest money for each bid. The pay order will be returned if the bid is not successful. All bids must be submitted at the bank's head office, Building No. 108-C, Commercial Area B, Market Lane, Khayaban-e-Shujaat, Phase 2, DHA, Karachi, by 09 October 2026, 5:30 PM. The bank reserves the right to accept or reject any or all bids without assigning any reason. Only the highest approved bid will be considered successful, and in case of non-payment or withdrawal, the next highest bid may be considered. The decision of the bank regarding the auction process will be final and binding on all participants. For further information, contact Mr. Azhar Akram at 021-35317420 or 021-35892661, or reach out via mobile at 0341-4240488 and 0336-1398034. Bidders are advised to ensure all documents and earnest money are complete before submission to avoid disqualification.