Sale of Suzuki Swift, Suzuki Alto and Kia Picanto Vehicles by Dubai Islamic Bank Karachi

Dubai Islamic Bank invites sealed quotations from interested persons and parties for the purchase of three vehicles. The vehicles are parked at the bank's warehouse in Sector 24, Korangi, Karachi. A bank representative will be available for inspection on 18 November 2026 between 9:00 am and 5:00 pm.

The vehicles offered are a Suzuki Swift AT Navigation, model 2018, registration BNU-854; a Suzuki Alto VXR Euro II, model 2024, registration CAD 294; and a Kia Picanto, model 2022, registration BXG 391. Registration books are unavailable for all three vehicles. Original number plates are unavailable for the Suzuki Swift and Suzuki Alto but are available for the Kia Picanto. Excise files are available for all three vehicles.

Bidders should deposit their sealed quotations in the quotation box at the DIBPL Collection Department, Plot 109D, B Commercial Area, DHA Phase 1, Karachi, on 19 November 2026 between 9:00 am and 5:00 pm. The submission instructions also identify the Dubai Islamic Bank DHA Phase 1 branch near Tooba Masjid, Karachi, as the deposit location. Envelopes must be marked CONFIDENTIAL and addressed to Manager Autos, Dubai Islamic Bank. Each bid must include a copy of the bidder's NIC, complete address and telephone or mobile number, and must be deposited by 5:00 pm.

Only sealed envelopes will be entertained on 20 November 2026, the auction day. Successful bidders will be informed and must pay the purchase amount within two working days. In the event of nonpayment, the bank reserves the right to forfeit the bid and negotiate with other parties for the same vehicle.

The bank may accept or reject any quotation at its sole discretion. It also reserves the right to cancel any activity or delivery of vehicles without assigning a reason. The bank's decision will be final and binding. Purchasers 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 queries, contact Mr. Muhammad Nabi on 0346-2002799.