AUCTION: Used Furniture, Office Equipment, IT Items, and Scrap Vehicles 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, is conducting an open auction for the disposal of various used and unserviceable items from its head office and branches. The auction will be held at the bank's head office in Islamabad, and interested parties are invited to participate as per the schedule. The auction includes a diverse range of items, suitable for buyers interested in office furniture, IT equipment, and scrap vehicles. All items will be sold on an as-is-where-is basis, and successful bidders will be required to deposit the full payment and remove the items within the stipulated time. Items being auctioned: - Used office tables (different sizes and types) - Used office chairs (various models) - Used visitor chairs - Used sofas - Used steel almirahs - Used wooden racks - Used wooden cupboards - Used wooden counters - Used cash counters - Used computers (various models) - Used printers - Used UPS (12 units) - Used air conditioners (split and window types) - Used refrigerators - Used microwave ovens - Used water dispensers - Used electric fans - Used motorcycles (scrap condition) - Used cars (scrap condition) - Miscellaneous scrap items (electrical, IT, and office equipment) The auction will be held on 21 October 2026 at 11:00 AM at the U Microfinance Bank head office, G-8/4, Islamabad. Interested bidders must bring their original CNIC and deposit a refundable earnest money as per the auction terms. All government taxes will be applicable as per rules. Items can be inspected before the auction date during office hours. For further details, contact the bank at the provided phone number. Tip: Arrive early on auction day to inspect the items thoroughly and clarify payment and removal procedures with the auction committee to avoid any confusion after winning a bid.