Selection of Takaful Insurance Company with Takaful Window for Staff House Loan Death Coverage

This tender from Bank of Khyber in Peshawar invites firms for the selection of a Takaful Insurance Company with a Takaful window to cover staff house loan in case of death. The procurement falls under financial and insurance services, focusing on risk mitigation for employees. The contract involves providing Takaful insurance coverage specifically designed for staff house loans, ensuring financial security for employees' families. The bank requires a reliable insurance partner capable of managing claims efficiently under the framework contract. The tender process follows the KPPRA rules and is conducted through the EPADS online system, reflecting modern procurement practices in Peshawar. Bidders should ensure compliance with relevant PEC categories if applicable, maintain an active FBR ATL status, and meet all regulatory requirements for the fiscal year 2025-26. Firms must be well-versed in insurance regulations and demonstrate financial stability to qualify. The tender emphasizes transparency and adherence to procurement laws, so proper documentation and earnest money submission are critical. The submission deadline is set for 25th March 2026 at 10:30 AM, with the tender opening scheduled the same day at 11:00 AM. Bids must be submitted exclusively through the EPADS online portal; no manual or hard copy submissions will be accepted. The physical address for inquiries is the Head Procurement Division, Bank of Khyber, BOK Tower, 24-The Mall, Peshawar Cantt. Pro-Tip: Ensure your firm is registered and active on the EPADS portal well before the deadline to avoid last-minute technical issues. Also, double-check the tender documents for any specific earnest money or Call Deposit Receipt (CDR) requirements to avoid disqualification.