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State Bank of India Safes (V3) ISI Marked to IS 550 AA Class Cash Safe with Biometric Lock Bid 2026

Bid Publish Date

26-Jan-2026, 11:50 am

Bid End Date

29-Jan-2026, 7:00 pm

Progress

Issue26-Jan-2026, 11:50 am
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Tender Overview

The State Bank of India (SBI) invites bids for Safes (V3) ISI Marked to IS 550 with BIS certificate and biometric lock capability. The procurement targets an AA class cash safe with biometric access, intended for delivery to branches including GUMMADIDALA BRANCH 6629 and related locations. Key terms include adherence to IS 550 classifications, gross internal volume per Table 2, and anchoring provisions. The contract contemplates a potential 25% quantity flex, at fixed contracted rates, with delivery terms pro-rated from the last original delivery date. The scope emphasizes removal of existing safes and safe embedding in branch records rooms, ensuring secure biometric access and key lock compliance. Unique aspects include mandatory BIS certification for IS 550 safes and compliance with IS 17566 key lock requirements, targeting reliable SBI cash-handling capabilities in 2026.

Technical Specifications & Requirements

  • Category: General requirements per IS 550 Table 1 (Safe classification format: Class / Classification Code)
  • Category: General requirements – Number of doors and overall configuration
  • Category: Physical requirements – Gross Internal Volume (L) per Table 2 of IS 550; exact value to be supplied
  • Category: Physical requirements – Anchoring arrangement provided
  • Category: Locks – Number of lock keys as per IS 550 Table 2 clause (x)(a)
  • Standards & Certifications: IS 550 for safe classification, BIS certificate for IS 550, and IS 17566 for key lock, biometric capability
  • Delivery scope includes removal of old safe, delivery to branch record room, and embedding of new safe

Terms, Conditions & Eligibility

  • EMD/Security: Not specified in available data (bidders should review TCs for amount)
  • Experience: Prior execution of safe supply or security equipment projects in banking sector preferred; BIS certification must be current
  • Delivery: Delivery period to commence from order date with option clause allowing up to 25% quantity variation; delivery terms tied to last date of original/delivery order
  • Payment: Terms not explicitly stated here; bidders should confirm payment terms in buyer terms
  • Documents: GST certificate, PAN, experience certificates, financial statements, EMD, OEM authorizations, and technical bid documents
  • Warranty/Penalties: Not detailed in data provided; verify in contract terms
  • Branch Scope: GUMMADIDALA BRANCH 6629 included; safe to be BIOMETRIC LOCK equipped and ISI 550 compliant

Key Specifications

  • IS 550 safety classification (Table 1) with Class/Classification Code

  • Gross Internal Volume as per Table 2 of IS 550

  • Anchoring arrangement compliance for safe installation

  • Biometric lock capability with AA class designation

  • IS 17566 compliant key lock (for backup/primary access) requirement

  • BIS certification validity for the IS 550 safe

  • Delivery to SBI branches including GUMMADIDALA BRANCH 6629 with embedding in branch records room

Terms & Conditions

  • Delivery can scale up to 25% more quantity during contract execution at contracted rates

  • BIS and IS 550 conformity mandatory with biometric-lock capable AA class safes

  • Branch delivery scope includes removal of existing safes and secure embedding

Important Clauses

Payment Terms

Payment terms to be confirmed; ensure compliance with SBI procurement policies and any milestone-based payment aligned to delivery/installation

Delivery Schedule

Delivery begins from order date; option to extend for additional quantity with calculation (Additional time = (Increased quantity / Original quantity) × Original delivery period), minimum 30 days

Penalties/Liquidated Damages

Penalties to be defined in contract; verify LD rates and monitoring mechanisms for late delivery or non-compliance with IS 550 and BIS requirements

Bidder Eligibility

  • Experience in supplying banking-grade safes (IS 550) with biometric locks

  • Valid BIS certification for IS 550 safes

  • OEM authorization for biometric lock systems and safe components

  • Ability to deliver and install safes at SBI branch locations including embedding

Documents 4

GeM-Bidding-8885871.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
GENERAL REQUIREMENTS Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) AA / TRTL – 60 × 6
GENERAL REQUIREMENTS Number of Doors in Safe Single Door
PHYSICAL REQUIREMENTS Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) 1340 (336 L)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 336
PHYSICAL REQUIREMENTS Anchoring Arrangement provided No
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates of relevant bank-safe supply projects

4

Financial statements (last 2-3 years)

5

EMD/Security deposit proof

6

Technical bid documents demonstrating IS 550 compliance

7

OEM authorization for biometric lock / safe supplier

8

BIS certification for IS 550 safety standard

9

IS 17566 key lock certification or biometric lock documentation

10

Delivery capability and installation plan

Frequently Asked Questions

Key insights about TELANGANA tender market

How to bid for SBI safes tender 2026 in Karnataka and Telangana

Bidders must meet BIS certification for IS 550 safes, IS 17566 lock compliance, and provide OEM authorizations. Prepare GST, PAN, financials, and safety bid documents. Ensure biometric lock capability, branch delivery plan, and embedding in SBI branch record rooms. Delivery terms follow a 25% quantity flex provision.

What documents are required for SBI ISI 550 safe procurement

Submit GST certificate, PAN card, experience certificates for banking safes, last 2-3 years financial statements, EMD proof, OEM authorization, BIS certification for IS 550, IS 17566 lock documentation, and technical bid demonstrating IS 550 compliance and biometric lock capability.

What are the technical specifications for IS 550 safes with biometric lock

Safes must adhere to IS 550 classification (Table 1), provide gross internal volume per Table 2, include anchoring arrangements, and feature biometric lock with backup IS 17566 key lock. BIS certification must cover the IS 550 safe category and biometric lock integration.

When is the delivery schedule for SBI safes and option clause

Delivery starts on order date; quantity may vary up to 25% at contracted rates. If extended, additional time equals (increased quantity/original quantity) × original delivery period, with a minimum of 30 days, and may extend to original delivery period as needed.

What are the EMD and payment terms for this SBI tender

Exact EMD amount is not listed here; bidders should verify in the tender terms. Payment terms require compliance with SBI procurement policies; confirm milestones and timing upon contract award, delivery acceptance, and installation completion.

Which SBI branch locations are covered for safe delivery in this tender

Delivery includes GUMMADIDALA BRANCH 6629 and related branches; scope includes removal of existing safes, embedding the new AA class biometric safes in branch record rooms, ensuring IS 550 and BIS compliance throughout.

What standards must safes meet for ISI Marked to IS 550 procurement

Safes must be IS 550 compliant with ISI marking and BIS certification; biometric lock systems must comply with IS 17566; ensure anchoring, door count, and gross internal volume align with Table 2 specifications.

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