The Otokar Tulpar is fitted with a remote-controlled turret, Mizrak-30, armed with a 30mm dual-feed automatic cannon and a 7.62mm caliber coaxial machine gun mounted to the right of the main armament. The turret is fully stabilized, featuring commander’s and gunner’s sights with an automatic target tracking function. The dual-axes independently stabilized gunner and commander sights are equipped with high-performance cooled thermal and CCD day cameras. The 30mm cannon, mounted externally, offers an elevation of +60º, a depression of -10º, and a full 360º turret traverse. There are 210 rounds available for the 30mm cannon and 500 rounds for the 7.62mm machine gun. Each rear side of the turret has four smoke grenade dischargers. Optionally, the turret can be equipped with Umtas anti-tank missiles, which have "fire and forget" and "fire and update" infrared guidance with a tandem anti-armor warhead, capable of engaging targets up to 8 kilometers away.

The layout of the Otokar Tulpar is standard with the driver at the front with the engine compartment to its right, the turret in the middle top of the hull and the troop's compartment at the rear. The composite armor of the Tulpar provides all-around ballistic protection against the firing of arms up to 14.5mm caliber while parts with a high probability of attack provide additional protection against up to 25mm armor-piercing rounds. The Tulpar uses modular armour which allows the maintenance center to quickly swap any damaged armor panels and also makes the IFV easily upgradable for added protection against higher caliber projectiles. The Mirzak turret provides standard protection Level 2 STANAG 4569 but modular armour kits can increase it up to Level 5. A total of 9 infantrymen can be seated in the troop compartment at the rear of the hull. Four individual mine-resistant seats with 5-point safety belts are available along each side of the troop's compartment. The infantrymen enter and leave the vehicle through a large hydraulically operated ramp at the rear of the hull, which has an integral door in the center side.