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

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 located in Lahore on an 'as is, where is' basis. The vehicles available for auction include: - 01 Suzuki Wagon R, 2019 - 02 Suzuki Cultus, 2019 and 2020 - 01 Honda Civic, 2018 - 01 Toyota Yaris, 2021 - 01 Changan Karvan, 2020 - 01 Honda City, 2024 The vehicles can be inspected at the warehouse from 17-08-2026 to 20-08-2026 during office hours (09:00 AM to 05:00 PM). Interested bidders can obtain bid forms at the given address. Bids must be submitted in a closed envelope 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 12:00 PM on 20-08-2026. The auction will be held at 112-Rafi Mansion, opposite Alflah Building near Punjab Assembly, Mall Road, Lahore. The bank reserves the right to accept or reject any quotation without providing reasons. The highest successful bidder will be required to pay the full bid amount in cash or via pay order within two working days of acceptance notification. Failure to do so will result in cancellation of the bid and forfeiture of earnest money. 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 on all bidders. Bidders are advised to carefully inspect the vehicles during the inspection period and ensure all bid requirements are met to avoid disqualification.