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AUCTION: Used Vehicles Including Toyota Corolla, Suzuki Swift, Honda City, Changan Alsvin

Tender No: C.No.4/54/ITP/2009/236A
Active Tender
Closing Date:
2026-09-16

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. Meezan Bank Limited is conducting an open auction for the sale of used vehicles at its Karachi office. Interested bidders are invited to participate in this auction, which offers a range of well-maintained vehicles from recent model years. The auction will be held on 16 September 2026, with vehicle inspection available on 14 September 2026 from 09:30 am to 05:00 pm at the designated location in Karachi. Items being auctioned: - Toyota Corolla Altis (2024, 1 unit) - TOYOTA YARIS GLI A/T (2023-2025, 8 units) - Suzuki Swift GLX CVT (2024-2025, 2 units) - Suzuki Swift GL CVT (2024, 1 unit) - Suzuki Cultus AGS (2024, 1 unit) - Kia Picanto A/T (2023, 1 unit) - Hyundai Tucson FWD GLS (2024, 1 unit) - Honda City Auto (2019, 1 unit) - Changan Alsvin 1.5 Lumiere (2025, 1 unit) All vehicles are being sold on an as-is-where-is basis. Bidders must bring original CNIC for entry and registration. A refundable Earnest Money deposit of 5 percent of the bid amount is required in the form of Pay Order or Demand Draft in favor of Meezan Bank Limited. Successful bidders must deposit the full payment within three working days of the auction result announcement. Vehicles can be inspected prior to the auction during the specified dates and times. The auction will be conducted at Meezan Bank's premises, and all interested parties are encouraged to arrive early for registration. Only registered bidders will be allowed to participate. For further details, contact the bank's procurement department at the numbers provided below. A practical tip: Carefully inspect each vehicle and verify its documents before bidding to ensure you are fully aware of the vehicle's condition and history. This will help you make an informed decision and avoid surprises after the auction. For more information, visit the official website or contact the designated officials.
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