Closed Open Tender Services Sealed bid

Implementation of Core Banking Solution and Real-Time Payment Switch

State Bank of Pakistan

Reference number: SBP/ITD/2026/0064
Published: 03 Sep 2026
Closing date: 20 Oct 2026
Estimated budget: PKR 1.45 B
Location: Karachi, Sindh
Category: Information Technology
Source: SBP
Authority level: Federal
Bid security (EMD): PKR 29 M
Bid opening: Sealed, opened in presence of suppliers

Tender description

State Bank of Pakistan invites sealed competitive bids for implementation of core banking solution and real-time payment switch under reference SBP/ITD/2026/0064. The contract covers services at Karachi, Sindh, with an estimated cost of PKR 1.45 B including all applicable taxes, duties and contingency.

Bidders must be registered with the relevant tax and sales tax authorities, hold a valid registration certificate, and satisfy the financial and technical qualification criteria set out in the bidding document. Experience on at least two comparable assignments of similar scale in the last five years is expected.

Tender documents are available to interested parties up to the published date. Bid security of PKR 29 M must be submitted in the prescribed form by 20 Oct 2026. Bids received after the stated time will be rejected, and TendersBox publishes these notices for information only, so the issuing authority's own document governs.