The Bank of Punjab Vehicle Auction — Honda Civics (Lahore) — Bid by 2026-08-06

Issuer: The Bank of Punjab — Transport Department, Administrative Support Group. Sale type: Public auction of bank vehicles on an "as is where is" basis. Reserve price will be pasted on each vehicle at the site.

How to bid: Submit a sealed bid on plain paper. Each bid must include a photocopy of the bidder's CNIC and a 10% security deposit of the total bid amount in the form of UC/Call Deposit payable to "The Bank of Punjab." Bids must be dropped in the bid box on the 1st Floor, Head Office (BOP Tower) by 02:45 PM on 2026-08-06. Late bids will not be entertained. Bids will be opened the same day at 03:00 PM; the bank may offer open bidding after opening for any single vehicle.

Payment, taxes and transfer: The successful bidder will deposit applicable withholding tax (W.H. Tax) — 10% for filers and 20% for non-filers — for each vehicle as per prevailing law. Vehicle will be transferred to the successful bidder/nominee after full payment and approval by the competent authority. Balance amount plus applicable W.H. Tax must be deposited within seven working days of intimation; otherwise the security deposit will be forfeited and the bid considered cancelled. Security deposits of unsuccessful bidders will be returned after four working days.

Inspection: Vehicles can be inspected at 15-Race Course, China Chowk, Lahore on any working day (Monday to Friday) from 09:00 AM to 04:00 PM.

Address for bid submission: 1st Floor, Head Office BOP Tower, 10-B, Block E/II, Main Boulevard Gulberg III, Lahore.

Contact: Mr. Khutram Shams (Transport Manager) — Phone: 0333-4500696, 042-35774013.

Note: The bank reserves the right to reject any or all bids without assigning a reason. Customers may file complaints via SBP's "Sunwai" service at www.sunwai.sbp.org.pk.