AUCTION: Used Cars Picanto AT 2023, Sportage ALPHA 2023, Every VX 2025

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Meezan Bank Limited is offering an open auction for the sale of used vehicles at its Head Office in Karachi. Interested buyers are invited to participate in the auction process for the following cars: - Picanto AT, Model 2023, Quantity: 1 - Sportage ALPHA (Used Local Manufacture), Model 2023, Quantity: 1 - Every VX, Model 2025, Quantity: 1 All vehicles are available for inspection at Meezan Bank's Head Office, located at 11th Floor, Meezan House, C-25 Estate Avenue, SITE, Karachi. Inspections can be conducted from 8th October 2026 to 11th October 2026, between 10:00 AM and 5:00 PM on working days. The auction will be held on 11th October 2026 at 3:00 PM at the same venue. Bidders are required to bring original CNIC for entry and must submit a pay order of 10 percent of the bid amount as earnest money in favor of Meezan Bank Limited. The successful bidder must deposit the remaining amount within 7 days of the auction. All applicable taxes and transfer charges will be borne by the successful bidder. The vehicles are being sold on an as-is-where-is basis, and Meezan Bank reserves the right to accept or reject any bid without assigning any reason. For further details, interested parties may contact the bank at the provided numbers or visit the official website. A practical tip: Arrive early on the inspection days to thoroughly check the vehicles and clarify any queries with the auction committee before the bidding starts. This is a valuable opportunity for individuals and dealers looking to purchase well-maintained used vehicles directly from a reputable financial institution. Ensure all required documents and earnest money are prepared in advance to participate smoothly in the auction process.