AUCTION: Vehicles for Sale by Al Baraka Bank (Pakistan) Limited in Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Al Baraka Bank (Pakistan) Limited is offering an auction of vehicles on an "as is, where is" basis in Karachi. The vehicles available for auction include: - 01 Prince Pearl, 2022 - 01 Honda Freed, 2017 - 01 Hyundai Porter-H-100, 2025 The vehicles can be inspected at the warehouse from 31-08-2026 to 02-09-2026 during office hours. Interested bidders can obtain bid forms at the provided address. Closed bids must be submitted along with a CNIC copy and a pay order in favor of Al Baraka Bank (Pakistan) Ltd. for PKR 20,000 (Pakistani Rupees twenty thousand only), which is refundable if the bid is unsuccessful. The bid submission deadline is 5:30 PM on 04-09-2026. The auction will be held at Building No. 108-C, Commercial Area-B, Market Korangi Road, Near Masjid-e-Tooba, Phase-2, DHA, Karachi. The bank reserves the right to accept or reject any quotation without providing a reason. The highest successful bidder must make full payment in cash or pay order within two working days of acceptance notification, failing which the bid will be cancelled and earnest money forfeited. The bank also reserves the right to cancel any accepted bids or delivery of vehicles without explanation. The bank's decision will be final and binding. Bidders are advised to carefully inspect the vehicles during the inspection period and ensure all bid requirements are met to avoid disqualification.