Recovery of Outstanding Loans from Defaulters in Various Locations

This tender invites qualified firms or individuals to undertake the recovery of outstanding loans from defaulters in multiple locations under the supervision of the Credit Operations Department based in Karachi. The procurement focuses on the collection of dues from specific defaulters listed with their respective loan account numbers and locations. Items being procured: - Recovery from Lockit Chain 1 Kanote 2, Pakpattan (Loan Account No. 38402-3014380-2, Amount 11) - Recovery from 4 Ballyan, Bahawalpur (Loan Account No. 35301-5559116-9, Amount 5.85) - Recovery from 4 Mehta Patti, District Rahim Yar Khan (Loan Account No. 36101-5596917-0, Amount 24.5) - Recovery from 4 Mehta Patti, District Rahim Yar Khan (Loan Account No. 36104-5953870-0, Amount 28.3) The scope of work involves field visits to the specified locations for recovery of loans, verification of defaulter details, and submission of recovery reports. The work requires coordination with local authorities and adherence to legal and regulatory frameworks governing loan recovery. Eligible bidders should have relevant experience in loan recovery services, valid registration with FBR and ATL, and must comply with any PEC category requirements if applicable. Firms must submit Earnest Money in the form of CDR as per tender requirements. The submission deadline is strictly by 23:59:59 on the closing date. Bidders should submit their technical and financial bids to the Credit Operations Department office located at 159-B/M, Quaid-e-Azam Industrial Area, Lahore Road, Karachi. For inquiries, contact via phone at 021-111-003-737. A practical tip for bidders: Ensure all documentation, including Earnest Money and registration certificates, are complete and properly attested to avoid disqualification during the technical evaluation phase. Early submission is advised to accommodate any unforeseen delays.