Dubai Islamic Bank Vehicle Auction in Karachi – Suzuki Swift, Alto and Kia Picanto

Dubai Islamic Bank invites sealed bids from interested individuals and parties for the purchase of three vehicles. The vehicles are parked at the bank's warehouse at Plot St-4/6, Sector 24, Korangi, Karachi. A representative will be available for inspection on 18 November 2026 from 9:00 AM to 5:00 PM.

Submit sealed quotations in the quotation box at DIBPL Collection Department, Plot 109D, B Commercial Area, DHA Phase 1, Karachi, on 19 November 2026 between 9:00 AM and 5:00 PM. Envelopes must be marked CONFIDENTIAL and addressed to Manager Autos, Dubai Islamic Bank. Include a copy of the bidder's NIC, complete address and telephone or mobile number. Bids must be deposited by 5:00 PM at Dubai Islamic Bank, DHA Phase 1, near Tooba Masjid Branch, Karachi.

Only sealed envelopes will be entertained on the auction day, 20 November 2026. Successful bidders will be informed and must pay the purchase amount within two working days. In the event of non-payment, the bank may forfeit the bid and negotiate with other parties.

The bank reserves the right, at its sole discretion, to accept or reject any quotation and to cancel the sale activity or vehicle delivery without assigning a reason. The bank's decision will be final and binding. Buyers must pay an additional 10% sales tax on the sale proceeds for deposit with the government. Vehicles will be sold on an as-is, where-is basis.

For enquiries, contact Mr. Muhammad Nabi at 0346-2002799.