Bank Makramah Tender: Insurance Coverage for Bank Cash & Assets (Jul 2026–Jun 2027)

Bank Makramah Limited invites sealed bids from well-reputed insurance companies rated AA+ and above for Insurance Coverage of Bank Cash & Assets for one year (Renewal term: July 2026 to June 2027). Bids must follow a Single Stage – Two Envelopes procedure and comply with the mandatory documentation and eligibility requirements listed below.

Mandatory Requirements (summary)

• Company profile showing products, services, credentials, expertise and financial strength.
• Valid authorized partner certificate.
• Two relevant references (purchase orders) of similar projects, preferably for financial institutions/banks.
• NTN certificate and proof of sales tax registration.
• Legal status and registration certificate/proof of registration with concerned authority (e.g., SECP).
• Form 29 and Form A including directors list with CNIC numbers.
• Current financial statements.
• List of corporate clients with certificates of satisfactory services and contact details.
• Business continuity plan.
• Undertaking on E-Stamp paper of Rs. 500/- stating the firm is not blacklisted by provincial/federal governments and is not a tax defaulter.
• Minimum five years' relevant experience for the required services.

Important Notes: Bank Makramah will not be responsible for any costs incurred in bid submission. The bank may cancel the tender or withdraw the RFP/LOI; bids should be submitted under the stated Single Stage – Two Envelopes process.

Contact for Details & Submission Queries
Procurement & Admin Division
1. Syed Shaiq Raza: 0322-2009240
2. Yasir Bin Khalid: 0345-2005731
Phone: +92-21-38901100 Ext: 3131
Email: [email protected]
Website: www.bankmakramah.com
UAN: 021-111-124-365