Meezan Bank Auction: Repossessed Vehicles for Sale (Bid Closing 2026-02-03)

Issuer: Meezan Bank. Meezan Bank is offering repossessed vehicles for sale through sealed bids. Interested bidders must submit sealed bids with a deposit equal to 5% of the reserve price by the bid submission deadline. The bank reserves the right to accept or reject any bid.

Key sale details:

• Viewing period: 2026-01-31 to 2026-02-02, between 09:30 and 17:00 (on specified dates).
• Earnest money: 5% of the reserve price submitted as a pay order in favor of Meezan Bank (refundable to unsuccessful bidders as per terms).
• Bid submission deadline: 2026-02-03 by 17:00 (sealed bids).
• Bid opening / auction: Bids will be opened after the submission deadline (opening scheduled the following business day at 10:00). Exact opening date/time will be as per the bank's schedule.
• Payment and vehicle collection: Successful bidders will be required to complete payment and collection procedures as per the bank's terms and timelines.
• Contact for information and submissions: Meezan Bank 24/7 Call Centre (021) 111-331-332 or (021) 111-331-331; website: www.meezanbank.com.

Note: All sales are on an "as is, where is" basis. Prospective bidders should review the bank's auction terms and confirm viewing and submission procedures before participating.