Note Sorting Machines (V2)
State Bank Of India (sbi)
Bid Publish Date
27-Nov-2025, 8:29 pm
Bid End Date
02-Dec-2025, 4:00 pm
Value
₹3,00,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
The State Bank of India invites bids for Note Sorting Machines (V2) in Coimbatore, Tamil Nadu 641001. Estimated value is ₹300,000. The procurement category indicates Note Sorting Machines with vendor responsibility to supply at an SBI financial services location. A key bid term is flexibility in quantity under the option clause, with possible adjustments up to 25% of bid quantity. The initiative targets reliable automated sorting of banknotes, requiring adherence to delivery timing and contract rate consistency across any extended periods. This tender emphasizes supplier readiness to fulfill a defined but adjustable scope and to align with SBI purchasing practices within Tamil Nadu.
Option clause allows +/- 25% quantity variation
Delivery period starts from last date of original order
Extended delivery time follows a calculated formula with minimum 30 days
Quantity may be increased or decreased by up to 25% at contract placement and during currency at contracted rates.
Delivery period commences from the last date of the original delivery order; extended time calculated as (increased quantity / original quantity) × original delivery period, minimum 30 days.
Prices to be honored for contracted quantity and any approved extensions under the option clause.
Eligibility criteria not detailed in provided data; follow SBI procurement norms
Experience in supplying automated banking equipment preferred
Financial stability documentation to be provided per SBI terms
State Bank Of India (sbi)
State Bank Of India (sbi)
YAVATMAL, MAHARASHTRA
State Bank Of India (sbi)
CENTRAL DELHI, DELHI
State Bank Of India (sbi)
UJJAIN, MADHYA PRADESH
Punjab National Bank
KANPUR NAGAR, UTTAR PRADESH
Tender Results
Loading results...
Discover companies most likely to bid on this tender
Key insights about TAMIL NADU tender market
Bidders should register with SBI procurement, review the Note Sorting Machines (V2) scope, and prepare documents showing GST, PAN, and experience in banking equipment. The bid includes an option clause allowing ±25% quantity, with prices fixed for the contracted quantity and extensions. Ensure compliance with delivery terms and bank-grade testing requirements.
Submit GST registration, PAN card, annual financial statements, experience certificates for similar banking equipment, technical compliance certificates, OEM authorizations if applicable, and EMD documentation. Although EMD specifics are not provided, future calls typically require a security deposit consistent with procurement norms.
Delivery starts after the last date of the original delivery order. If quantity increases under the option clause, additional time is calculated as (increased quantity / original quantity) × original delivery period, with a minimum 30 days, ensuring timely installation and commissioning in Coimbatore.
The tender data does not specify particular standards; bidders should align with SBI banking equipment procurement practices and be ready to provide OEM authorizations and any applicable quality assurances. Expect SBI to request standard-compliant performance and reliability expectations in final terms.
Estimated value is ₹300,000. Quantity flexibility allows up to 25% variation at contract placement and during currency, with prices held at contracted rates for the adjusted quantity, subject to delivery timing constraints.
Prepare a binding price for the contracted quantity and prepared options for up to 25% additional or reduced quantity. Include a delivery plan aligned to the original order date, with cautious but clear timelines for potential extensions and coordination with SBI Coimbatore logistics.
State Bank Of India (sbi)
📍 PARBHANI, MAHARASHTRA
Jhalawar Central Cooperative Bank Ltd.
📍 JHALAWAR, RAJASTHAN
Punjab National Bank
State Bank Of India (sbi)
📍 THIRUVANANTHAPURAM, KERALA
Bank Of India
📍 RANCHI, JHARKHAND
Access all tender documents at no cost
Main Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Main Document
GEM_GENERAL_TERMS_AND_CONDITIONS