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AUCTION: Vehicle BAIC BJ40 White Model 2022 Sale by MCB Islamic Bank Ltd in Islamabad

Active Tender
Closing Date:
2026-08-16

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. MCB Islamic Bank Ltd invites sealed bids for the sale of a vehicle on an "as is where is" basis in Islamabad. The vehicle offered is a BAIC BJ40, white in color, model year 2022. Interested bidders can inspect the vehicle at Plot 239, Street 8, Sector I-9/3, Islamabad from 10:00 AM to 5:00 PM starting Wednesday 12th August 2026 until Sunday 16th August 2026. Items being auctioned: - Vehicle: BAIC BJ40 - Color: White - Model Year: 2022 Bidders must submit sealed bids accompanied by a deposit of 10% of the bid amount in the form of a pay order in the name of MCB Islamic Bank Ltd. The bidding period closes on Sunday 16th August 2026. Successful bidders will be contacted by the bank on Wednesday 19th August 2026. The bank reserves the right to reject any or all bids without assigning any reason. Applicable taxes include 10% filer tax and 20% non-filer tax on the winning bid. Bidders are advised to carefully inspect the vehicle and ensure compliance with all bid submission requirements. The auction process is transparent and competitive, providing a fair opportunity for all interested parties. For further details, bidders may contact the bank at 03320588429 or 03005303961. Visit www.mcbislamicbank.com for more information. A practical tip for bidders is to prepare the required pay order in advance to avoid last-minute delays and ensure timely submission of bids within the specified deadline.
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