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AUCTION: Used Vehicles at alBaraka Bank Limited Lahore (2018-2024 Models)

Active Tender
Closing Date:
2026-08-20

Tender Document

Tender Document

Tender Description

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 Limited (Pakistan) is conducting an open auction for the sale of used vehicles located at its Lahore office. This auction presents an opportunity for interested buyers to acquire well-maintained bank vehicles from model years 2018 to 2024. The auction will be held at alBaraka Bank Limited, Punjab Assembly Hall Road, Lahore, with vehicle inspection available from 17 August 2026 to 20 August 2026 during office hours (09:00 AM to 05:00 PM). Items being auctioned: - 01 Suzuki Wagon R (2019) - 02 Suzuki Cultus (2019, 2020) - 01 Honda Civic (2018) - 01 Toyota Yaris (2021) - 01 Toyota Corolla (2020) - 01 Honda City (2024) All vehicles are available for inspection at the specified location. Interested bidders must bring their original CNIC and a copy, along with a Pay Order of 20,000 PKR (Pakistani Rupees Twenty Thousand only) as earnest money for each vehicle they wish to bid on. The earnest money is refundable if the bid is unsuccessful. Bids must be submitted in person at the auction venue by 12:00 PM on 20 August 2026. The auction will be conducted in accordance with the bank's terms and conditions, and the highest bid will be subject to approval by alBaraka Bank Limited. The bank reserves the right to accept or reject any or all bids without assigning any reason. Successful bidders must complete payment and transfer formalities within the stipulated time, failing which the earnest money will be forfeited. For further details, contact 042-36285943. Tip: Arrive early on the inspection days to thoroughly check the vehicles and clarify any queries with the bank's representative before the auction deadline.
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