Sale of Vehicles Including 2018 VXL Classic and 2017 Honda Freed

Albaraka Bank Pakistan Limited Karachi branch intends to sell vehicles currently in its possession on an as-is-where-is basis. The vehicles offered for sale include 01 unit of 2022 model Prius, 01 unit of 2017 model Honda Freed, and 01 unit of 2018 model VXL Classic. Interested bidders can inspect the vehicles at the bank's premises during office hours from 27 July 2026 to 29 July 2026 until 12:00 noon. Items being procured: - 01 unit Prius 2022 - 01 unit Honda Freed 2017 - 01 unit VXL Classic 2018 Bidders must submit a refundable Earnest Money Deposit (EMD) of PKR 20,000 in the form of a pay order or CDR in favor of Albaraka Bank Pakistan Limited. The sealed bids must be delivered to the bank's office located at Plot No. C-108, Commercial Area B, Market Korangi Road, Mosque Tower, Phase 2, DHA, Karachi by 31 July 2026 at 05:30 PM. Late submissions will not be accepted. The bank reserves the right to reject any bid without assigning any reason. The highest bid will be accepted subject to verification and approval by the bank. Bidders are advised to carefully inspect the vehicles before submitting their bids as no complaints will be entertained after the sale. The bank also reserves the right to cancel the sale of any vehicle without prior notice. This tender is issued by Albaraka Bank Pakistan Limited Karachi, a reputable financial institution. Interested parties should ensure they meet all requirements including submission of the EMD and timely delivery of bids. For further information, bidders can contact the bank at 021-35317420 or 021-35892661 or mobile numbers 0336-1398034 and 0341-4240488. A practical tip for bidders is to thoroughly inspect the vehicles and verify their condition before bidding to avoid any post-sale disputes. Also, ensure the Earnest Money is submitted in the correct form and on time to avoid disqualification.