AUCTION: Used Furniture, Electronics, and Office Equipment 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 is conducting an open auction for the disposal of various used office assets at its Islamabad head office. This auction presents an opportunity for interested buyers to acquire a range of items that are no longer required by the bank but may be of value for reuse or resale. The auction will be held at the bank's premises in Islamabad, and all items will be sold on an as-is-where-is basis. Interested parties are encouraged to inspect the items prior to the auction date to assess their condition and suitability. Items being auctioned: - Used office chairs (various types and quantities) - Used office tables (various types and quantities) - Used steel almirahs - Used air conditioners (split and window units) - Used refrigerators - Used microwave ovens - Used printers and photocopiers - Used UPS units - Used computers and monitors - Used sofas and visitor chairs - Used carpets and rugs - Used water dispensers - Used electric fans - Used miscellaneous office equipment All items are available for inspection at the U Microfinance Bank head office, G-8/4, Islamabad, during working hours up to one day before the auction. The auction will be held on 18 November 2026 at 11:00 AM. Successful bidders must deposit 10 percent of the bid amount as earnest money on the spot, with the balance payable within the stipulated time. Only those who deposit the non-refundable entry fee of PKR 10,000 will be eligible to participate in the auction. Bidders are advised to bring their original CNIC for registration. For further details, contact the bank at the number provided below. A practical tip: Arrive early on auction day to complete registration and inspect your items of interest thoroughly, as all sales are final and no claims will be entertained after the auction.