HBL Sealed-Bid Auction of Used Generators and General Items in Sukkur, Mardan and Peshawar

Habib Bank Limited (HBL) invites sealed bids for the auction of unserviceable generator sets and general items in Sukkur, Mardan and Peshawar. General items and generator sets will be auctioned separately at the following venues and times.

Prospective bidders may inspect the items between 9:00 a.m. and 5:00 p.m. during the inspection periods below.

Bidders must submit separate sealed bids for general items and generator sets, together with their CNIC and NTN details. Successful bidders must deposit 25% of the bid amount as security and pay the remaining balance in accordance with the auction conditions. Applicable advance income tax under Section 236A of the Income Tax Ordinance, 2001 is payable, with rates of 10% and 20% according to the bidder's tax status.

Successful bidders are responsible for removing and transporting the purchased items at their own expense. HBL employees may not participate. HBL reserves the right to accept or reject bids, and its auction decision will be final.

For further information, contact the relevant city representative: