| NIT REF. NO. | JKB/GENERAL-DEPT-CHQ/VEHICLE-AUCTION/FY2026-27/ Dated: 25.05.2026 |
| TENDER TITLE | Auction of Scrap Vehicle under Two Bid System on “As-is-where-is-basis” |
| DESCRIPTION | The Jammu and Kashmir Bank invites bids for the sale of used vehicle on “AS IS WHERE IS AND WHATEVER IS BASIS” and on “NO COMPLAINT BASIS”. |
| VEHICLE DETAILS | Vehicle No: JK01R7474 Make: Ambassador Year of Manufacture: 2012 Expiry: April 2027 Reserve Price: ₹50,000.00 EMD: ₹2,500.00 |
| BIDDING SYSTEM | TWO BID SYSTEM (Single Stage Two Envelope System) |
| WEBSITE FOR DOWNLOADING DOCUMENTS | www.jkbank.com under the link “EOI & Tender / Notification” in the Quick Access Tab |
| METHOD OF SUBMISSION | Technical Bid: Offline / Physical Form Financial Bid: Offline / Physical Form |
| PRE-BID MEETING | Venue: General Department, Corporate Headquarters-M. A Road, Srinagar Date & Time: 03/06/2026 & 02:30 PM |
| AVAILABILITY OF TENDER DOCUMENTS ON WEBSITE | From 26/05/2026 to 16/06/2026 |
| LAST DATE OF SUBMISSION OF BIDS / TENDER | Up-to 05:00 PM (IST) on 16/06/2026 |
| VEHICLE INSPECTION DETAILS | Interested bidders may inspect the vehicle on any working days from 26/05/2026 to 10/06/2026 between 11:00 AM to 04:30 PM at Pampore adjacent to JKEDI building (Old Joinery Mills). |
| CONTACT DETAILS FOR CLARIFICATIONS | General Department, Corporate Headquarters, M.A Road, Srinagar
Name of the Official: Faizan Bacha Contact No.: 8082151297 |
| TECHNICAL BID REQUIREMENTS | Technical Bid shall include duly signed documents along with self-attested copies of:
1. Proof of Identity & Address (Election Card / Aadhaar / Driving License) 2. PAN Card 3. GST Certificate (in case of firms) 4. EMD transaction details |
| FINANCIAL BID REQUIREMENTS | Financial Bid shall contain only price aspects without any conditions and must be submitted separately in prescribed format. |
| EARNEST MONEY DEPOSIT (EMD) | ₹2,500/- to be deposited online as prescribed in the tender document.
EMD exemption applicable for MSME startups as per DIPP. |
| IMPORTANT TERMS & CONDITIONS | 1. Vehicle shall be sold on “AS IS WHERE IS AND WHATEVER IS BASIS”. 2. Vehicle will not be sold below Reserve Price. 3. Successful bidder shall deposit full amount within 05 working days. 4. Vehicle lifting shall be completed within 02 weeks after payment. 5. EMD of unsuccessful bidders shall be refunded without interest. 6. Bank reserves the right to cancel or reject any/all bids without assigning any reason. |
| JURISDICTION | Disputes, if any, shall be subject to jurisdiction in the Court of Srinagar, J&K only. |
| ANNEXURES | Annexure-I : Technical Bid Annexure-II : Financial / Price Bid |