Currency Counting Machine (V2),Currency Counting Machine (V2)
Canara Bank
BANGALORE, KARNATAKA
Posted:
20 February 2026
Closed:
23 February 2026
GEM
GEM
Bank Of Baroda Currency Counting Machine (V2) Tender 2025 - Department Of Financial Services Procurement
Bid Publish Date
05-Nov-2025, 10:58 am
Bid End Date
19-Nov-2025, 11:00 am
Location
Progress
Issue05-Nov-2025, 10:58 am
Technical11-Jul-2025, 7:26 pm
Financial
Award13-Dec-2025, 1:13 am
Quantity
10
Bid Type
Two Packet Bid
Key Highlights
- • Brand/OEM requirements: Not specified in tender data
- • Technical certifications: Not specified; verify portal for ISI/ISO expectations
- • Unique clauses: Buyer Added Bid Specific ATC terms exist (not detailed here)
- • Eligibility criteria: Not published; confirm via official tender channel
- • Warranty/AMC: Not disclosed; verify post-submission terms
- • Penalties/Performance bonds: Not disclosed; check terms on portal
- • Delivery/Installation: Not specified; seek location and timeline updates
- • Payment terms: Not disclosed; confirm upon clarifications
- • EMD: Amount not disclosed; obtain exact value from portal
- • Delivery location: Not populated in record; verify site details
Categories
2
Tender Overview
The procurement opportunity comes from Bank Of Baroda under the Department Of Financial Services for a Currency Counting Machine (V2). The tender currently shows no BoQ items and no explicit quantities, estimated value, or EMD amount disclosed. The location field is not populated, and start/end dates are not provided. This tender is issued under the bank’s procurement framework and likely targets suppliers capable of delivering currency counting technology in the financial services sector. The absence of published specifications suggests bidders must verify technical requirements and delivery terms via the official portal. A key differentiator is the specialized version name V2 for currency counting equipment, which may imply model-specific compatibility and support expectations.
Technical Specifications & Requirements
No formal technical specifications are published in the tender record. The item category is identified as Currency Counting Machine (V2), with no BoQ quantities or unit rates available. Bidders should anticipate future release of product-level details, performance criteria, and compliance needs. In the absence of published standards, bidders must proactively confirm essential elements such as power requirements, operating temperature ranges, counting speed, counterfeit detection features, input/output interfaces, and warranty terms with the Bank Of Baroda procurement team. Ensure readiness for post-award onboarding and integration considerations in core banking environments.
Terms, Conditions & Eligibility
There is an ATC clause from the buyer, but no explicit EMD amount, delivery timeline, or payment terms are published in the current record. The tender notes that Buyer Added Bid Specific Terms exist, which bidders should evaluate for compliance, submission deadlines, and contract risks. As BOQ and location data are not disclosed, bidders should seek confirmation on GST/PAN requirements, financial solvency proofs, and prior experience with currency counting equipment in DFS-related procurements. Prepare to align with internal audit and security audit expectations post-award.
Key Specifications
-
- Product/service: Currency Counting Machine (V2)
-
- Estimated value: Not disclosed
-
- EMD: Not disclosed
-
- BoQ items: 0
-
- Standards/certifications: Not published in data; confirm requirements
-
- Delivery location: Not specified; verify on portal
Terms & Conditions
-
EMD amount and payment terms to be confirmed on portal
-
Delivery schedule and after-sales service terms to be clarified
-
Documentation requirements require GST, PAN, experience, and OEM authorizations
Important Clauses
Payment Terms
Not disclosed in current tender data; confirm upon portal update
Delivery Schedule
Not specified; verify required delivery timeline after award
Penalties/Liquidated Damages
No LD details published; obtain penalties terms from正式 ATC on portal
Bidder Eligibility
-
Eligibility criteria to be released via portal; verify prior experience with currency counting equipment
-
Financial standing and GST/PAN compliance as per BOQ terms
-
OEM authorization or distributor credentials for currency counting machines
Documents 2
GeM-Bidding-8550237.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
Loading results...
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates for currency counting equipment or similar procurement
4
Financial statements (latest audited if available)
5
EMD submission proof (as per portal instruction)
6
Technical bid documents and any OEM authorizations
7
Any other documents specified in Buyer Added Terms on the portal
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ACCURATE SYSTEM Under PMA | Make : Le Rayon Model : LE RAYON BUNDLE NOTE COUNING MACHINE-FLOOR TYPE | 07-11-2025 19:26:38 | Qualified |
| 2 | ALBERTSONS INTERNATIONAL PRIVATE LIMITED Under PMA | Make : ALBERTSONS Model : ANCM-01 | 18-11-2025 11:48:18 | Qualified |
| 3 | LE RAYON INTERNATIONAL Under PMA | Make : Le Rayon Model : LE RAYON BUNDLE NOTE COUNING MACHINE-FLOOR TYPE | 07-11-2025 15:09:41 | Qualified |
| 4 | PALAK ENTERPRISE Under PMA | Make : Mahalaxmi Precision Model : Precision FT Swift | 18-11-2025 17:19:40 | Qualified |
| 5 | Raghuveer Enterprises Under PMA | Make : KORES EASYCOUNT Model : Kores Easy Count Kashman II (Floor Model) | 15-11-2025 13:15:57 | Qualified |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ACCURATE SYSTEM Under PMA | ₹2,53,900 | Item Categories : Currency Counting Machine (V2) |
| L2 | PALAK ENTERPRISE Under PMA | ₹2,58,420 | Item Categories : Currency Counting Machine (V2) |
| L3 | ALBERTSONS INTERNATIONAL PRIVATE LIMITED (MSE)( MSE Social Category:General ) Under PMA | ₹2,59,600 | Item Categories : Currency Counting Machine (V2) |
| L4 | LE RAYON INTERNATIONAL (MSE)( MSE Social Category:General ) Under PMA | ₹3,00,000 | Item Categories : Currency Counting Machine (V2) |
| L5 | Raghuveer Enterprises Under PMA | ₹3,80,000 | Item Categories : Currency Counting Machine (V2) |
Contract / Result Documents 2
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Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for Bank Of Baroda currency counting machine tender in 2025?
Bidders should first register on the official procurement portal, then download the tender documents for Bank Of Baroda’s currency counting machine (V2). Ensure submission of GST, PAN, EMD proof, OEM authorizations, and experience certificates. Await detailed technical specs and delivery terms published on the portal before final submission.
What documents are required for Bank Of Baroda currency counting machine bid?
Required documents include GST registration, PAN card, latest financial statements, experience certificates for currency counting equipment, EMD proof, technical bid, and OEM authorization. Ensure all documents are current and notarized where applicable, with scans as per portal upload guidance.
What are the technical specifications for the currency counting machine tender?
The tender record shows no published technical specs. Bidders must monitor the portal for final technical requirements, including counting speed, counterfeit detection, power specs, interface options, warranty terms, and compatibility with DFS infrastructure, before bid submission.
When is the submission deadline for Bank Of Baroda currency counting machine bid?
The current data does not include a deadline. Check the official procurement portal for the exact submission date, stage-wise bid requirements, and any amendements. Prepare the bid package in advance to respond quickly to the portal’s updates.
What are the EMD requirements for this Bank Of Baroda procurement?
EMD details are not disclosed in the current tender record. Bidders should verify the exact EMD amount, acceptable payment mode (DD/electronic), and submission deadlines on the portal’s terms and conditions page.
What eligibility criteria apply to currency counting equipment bidders in DFS tenders?
Eligibility likely includes prior experience in supplying currency counting devices, GST/PAN compliance, and financial stability. Since explicit criteria are not published, refer to the portal’s Bidder Eligibility section for finalized requirements and any OEM authorization needs.
What delivery terms should bidders expect for this currency counting machine tender?
Delivery terms are not published yet. After portal updates, bidders should confirm delivery location, installation support, training, and warranty service commitments to align with Bank Of Baroda DFS expectations.
How to verify technical compliance for the V2 currency counting machine?
Once specifications are released, verify conformity with listed features (e.g., counting accuracy, speed, counterfeit detection). Submit technical compliance certificates and OEM documents; ensure the product aligns with Bank Of Baroda’s procurement standards and DFS security controls.
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Documents 2
GeM-Bidding-8550237.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS