Rastriya Jeevan Beema Company Limited, Nepal’s government-owned life insurer, has issued a tender for the procurement and installation of a combined CCTV and biometric attendance system, signaling a security and workforce monitoring upgrade at one of the country’s most prominent financial institutions. Tender listings on multiple procurement portals show the project titled Procurement and installation of CCTV and Bio-metric Attendance System, with bids due on December 5, 2025. The tender was first published on November 5, 2025, and is described as self-financed under government ownership.
According to the public summaries, Rastriya Jeevan Beema is seeking a supplier to deliver and install CCTV infrastructure alongside a biometric attendance solution. The notices categorize the opportunity under CCTV, surveillance and related IT services, with a CPV code referencing closed-circuit television cameras. The full technical specifications and commercial details are contained in bidding documents that require registration to access, but the description makes clear that the winning bidder will be responsible for both the physical security camera deployment and the biometric time and attendance component.
Rastriya Jeevan Beema Company Limited is Nepal’s first life insurance company and was established by the Government of Nepal in the late 1960s. It operates as a public company headquartered at Ramshah Path in Kathmandu and is recognized by the Nepal Insurance Authority as a licensed life insurer. Recent local reporting and directory entries continue to describe the firm as a government-owned or state-backed life insurance provider with a nationwide branch network.
The tender highlights how biometric systems are moving deeper into workplace security in South Asia’s financial sector. By pairing CCTV and biometric attendance under a single procurement, Rastriya Jeevan Beema is treating physical surveillance and staff identity assurance as parts of the same control stack. A successful deployment would give the insurer the ability to monitor premises through video while also enforcing staff presence and access policies through biometric checks, creating a more auditable record of who is on site and when. The tender documentation made available via aggregators does not specify whether the attendance system will rely on fingerprints, facial recognition or another biometric modality, but any rollout will add to the volume of biometric templates managed within the organization.
The publication of this project, along with a subsequent bid amendment notice recorded in Nepal’s tender tracking services, suggests that the insurer is actively refining its requirements and timelines rather than cancelling or deferring the upgrade. That, in turn, points to continued investment in security and identity infrastructure despite capital and governance challenges that state-owned insurers in Nepal have faced in recent years. Vendors with experience in integrating biometric attendance with CCTV and access control in financial or insurance environments may see this as an opportunity to establish a reference deployment in a state-owned institution at the center of Nepal’s life insurance market.
Sources: Nepal Tender, Tenders On Time, TenderImpulse, DGMarket, TradeNep, TradeNep, RBS Nepal, NIA Nepal
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By the ID Tech Editorial Team
