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Tender Details
Description / Scope of Work
Meezan Bank Limited in Lahore, Punjab invites sealed bids for the sale of a used vehicle on an as-is-where-is basis. The vehicle available for auction is a 2020 Suzuki Alto VXL AGS. Interested parties and individuals can inspect the vehicle from 11 May 2026 to 13 May 2026, between 09:30 AM and 05:00 PM, at the Meezan Bank Warehouse located at Mohlanwal, Main Multan Road, near the BATA Factory, Lahore. All bids must be accompanied by a 10 percent earnest money deposit in the form of a Pay Order in favor of Meezan Bank Limited; personal checks will not be accepted. Bids can be submitted at the Meezan Bank branch located at 60 Main Boulevard, Gulberg, Lahore, from 14 May 2026 until the auction commencement. The public opening of bids is scheduled for 03:00 PM on 15 May 2026 at the Gulberg branch in the presence of all bidders. The successful purchaser will be responsible for all applicable government taxes in addition to the bid price.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
Meezan Bank is auctioning a single 2020 Suzuki Alto VXL AGS (used, as-is condition).
This is a one-off asset liquidation, not a service contract. Scale is small—a single vehicle sale. The tight timeline (inspection window 11–13 May, bidding 14–15 May) and requirement for 10% earnest money via Pay Order (no personal checks) suggest Meezan is serious about bid quality and immediate settlement. Suitable for dealers, fleet operators, or individual buyers seeking a near-new hatchback; expect competitive bidding given brand and year.
Who can bid: Typically, auction participation requires valid CNIC/NTN for Pakistani nationals, or passport for foreign buyers; business registration (SECP/FBR) may be required for corporate entities. No specific PEC or construction credentials apply. No formal eligibility restrictions stated; assume standard KYC compliance.