Tenders Closed 20 Jul 2026
GBDMA Tender: Submit 1-Year Term Deposit Receipt (TDR) Rates by 2026-07-20
GBDMA Tender · Gilgit · The News International,
Tender advertisement published in The News International on Friday, 3 July 2026, listed under Gilgit. Issued by GBDMA Tender. The last date printed on the advertisement was Monday, 20 July 2026 and has passed.
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Issuer: Gilgit-Baltistan Disaster Management Authority (GBDMA-HQ). GBDMA invites banks/financial institutions to submit special interest rates for investment of its endowment fund as one-year Term Deposit Receipts (TDRs).
Eligibility: Banks/financial institutions must have a branch in Gilgit-Baltistan and hold one of the following minimum ratings: PACRA rating AA+ (Long Term) and A+ (Short Term), or JCR-VIS rating A+ (Medium/Long Term) and A1 (Short Term).
| What to submit | Details |
|---|---|
| Instrument | Term Deposit Receipt (TDR) for one year |
| Required submission | Sealed official letter on bank/financial institution letterhead stating the special interest rate for 1-year TDR, using the provided proforma |
| Submission location | Office of Director General, GBDMA — Minawar, Gilgit |
| Deadline | 2026-07-20 (before close of office hours) |
| Contact | Assistant Director (Admin & HR), GBDMA-HQ. Phone: 025811-922030 |
Key terms & conditions:
- Submitted rates will not be affected by any increase or decrease in KIBOR.
- TDR tenor will be strictly one year.
- Submitted rates cannot be changed after submission.
- Banks/financial institutions must submit rates on their official letterhead and on the provided proforma before the closing date and time.
Banks and financial institutions meeting the rating and branch requirements should submit sealed proposals by the stated deadline.
Published in The News International on Friday, 3 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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