Indian Overseas Bank Note Sorting Machines Tender Khordha Odisha 751001 V2 Sorting Standards 2026
Progress
Quantity
1
Bid Type
Two Packet Bid
Key Highlights
- • Independent bank procurement by Indian Overseas Bank for Note Sorting Machines (V2) in Odisha
- • Exact location: KHORDHA, ODISHA - 751001; category specifies high-volume currency sorting
- • Buyer-specific terms require test certifications; data storage for serial numbers is emphasized
- • Stacker configuration and hopper capacity are critical for eligibility and performance expectations
- • No BoQ items, no estimated value disclosed in current data; EMD not specified
- • Governing specifications and detection technology requirements identified, but exact standards not provided
- • OEM authorizations and standard financial documentation expected in submission
Categories
1
Tender Overview
The Indian Overseas Bank invites bids for Note Sorting Machines (V2) in Khordha, Odisha 751001 under the Department of Financial Services. The procurement scope covers a currency sorting machine with multiple configurations, including stackers and reject stackers, and transmission of sorting data. The project emphasizes advanced detection technology, high-speed processing, and integrated data storage for serial numbers. With a focus on reliability and compliance, bidders must demonstrate capability to supply a complete machine with standard test certifications and buyer-specific features. The tender emphasizes configurable hopper capacities, sorting modes, and connectivity options, catering to a high-volume bank note processing environment. Key differentiators include data storage capacity for serial numbers, test certifications, and available machine accessories. Unique context stems from government-backed note processing equipment needs and the requirement to meet security and reliability expectations for banknote handling.
Technical Specifications & Requirements
- Category: Note Sorting Machines (V2) (Q2)
- Machine features: detection technology, display, mode/type of sorting, sorting features, processing speed (notes/min), communication ports, data storage for serial numbers, and additional accessories
- Stackers: number of stackers and reject stacker configuration
- Capacities: minimum hopper/feeding capacity and minimum stacker capacities (both regular and reject)
- Other requirements: buyer-specific requirements and available test certifications of the machine
- Documentation note: BOQ contains zero items; no estimated value or EMD disclosed
- Standards: references to “governing specifications” and performance criteria; exact standards not specified in data
Terms, Conditions & Eligibility
- EMD: not disclosed in tender data
- Delivery/Timeline: not specified
- Payment terms: not specified
- Documents: bidder must submit standard GST, PAN, experience evidence, and OEM authorizations as per ATC; exact list not fully disclosed
- Warranty/Support: not explicitly stated
- Qualifications: buyer-added terms require machine with required test certifications and ability to meet bank-grade security requirements
- BOQ/Value: No BoQ items; no estimated contract value provided
- Notes: This tender emphasizes official ATC and buyer-specific terms; bidders should await the complete ATC for final compliance details
Key Specifications
-
Note Sorting Machine (V2) with detection technology
-
Display and user interface features
-
Mode/type of sorting and sorting capabilities
-
Sorting performance: notes per minute (processing speed)
-
Stacker configuration: number of stackers and presence of reject stacker
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Hopper/feeding capacity and per-stacker capacities
-
Data storage capacity for storing notes serial numbers
-
Communication ports and connectivity
-
Additional accessories and machine features
-
Available test certifications of the machine
-
Other buyer-specific requirements
Terms & Conditions
-
EMD amount and payment terms are not disclosed in current data
-
Delivery timeline and installation obligations are to be defined in ATC
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Documentation must include OEM authorizations and bank-grade compliance certificates
Important Clauses
Payment Terms
Not disclosed in current tender data; ATC will specify advance or milestone payments if any
Delivery Schedule
Delivery timeline to be defined in AtC; assess feasibility for banknote processing equipment
Penalties/Liquidated Damages
Not specified in available data; ATC to outline LD/penalty framework, if any
Bidder Eligibility
-
Experience in supplying banknote sorting or similar high-security currency handling equipment
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Demonstrated capability to meet bank-grade test certifications
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Financial viability evidenced by standard financial statements
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Authorized OEM representation or mandatory OEM authorizations
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (V2) (Q2)
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Khordha
Delivery Pincodes
751007
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Yogesh Shirswal | 751007,12, JANPATH RD SATYA NAGAR | Khordha | Odisha | 751007 | 1 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9667991.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Technical Specifications
1 Item
Item #1 Details
View Catalog| Category | Specification | Requirement |
|---|---|---|
| Generic | Description and Purpose of Machine | A note sorting machine, or currency sorting machine, is a machine that sorts and counts notes with high efficiency and accuracy. These machines can sort notes based on denomination, authenticity, condition, and various other criteria. |
| Generic | Construction | The note sorting machine will feature an aesthetically pleasing design and robust construction, ensuring it remains stable and undistorted during operation. All rotating and moving parts will operate smoothly and securely. Key components of the note sorting machine include an appropriate motor, various sensors such as UV, Twin CIS and others as desired in the machine etc with some gear, belts, housing, and output stackers/pockets depending upon the size of the machine for sorted notes and rejected notes. The machine is equipped with necessary safety devices to prevent accidents during use. |
| Generic | Governing Specifications | Generally Confirming to IS 18663 |
| Features and Performance | Detection Technology | Twin CIS (Contact Image Scanner)/Coloured Twin CIS (Contact Image Scanner) +UV (Ultra-Violet Light/Fluorescent Scanner) + IR (Infra Red Scanner) + MG (Magnetic Sensor) + Thickness Sensor |
| Features and Performance | Display | LCD/LED with Suitable Keypad |
| Features and Performance | Number of Stackers / Machine Configuration (Stacker+Reject Stacker) | 8+1 |
| Features and Performance | Minimum Hopper/Feeding Capacity (Minimum Number of Currency Notes) | 2000 |
| Features and Performance | Minimum Each Stacker Capacity expect Reject Stacker (Minimum Number of Currency Notes) | 500 |
| Features and Performance | Minimum Each Reject Stacker Capacity (Minimum Number of Currency Notes) | 500 |
| Features and Performance | Mode / Type of Sorting | Single Mode / First Note Recognition Sorting, Mixed Mode / Denomination Sorting, Fitness Mode / Sorting, Counting Mode |
| Features and Performance | Sorting Features | Orientation Sorting, Batching Arrangement, Face Sorting, Fake Note Detection, Serial Number Search |
| Features and Performance | Processing Speed (Authentication/Fitness Sorting with Serial Number Processing) (Number of Currency Notes/Minutes) | Minimum 1200 Notes per Minute Or higher |
| Features and Performance | Communication Ports | LAN, USB, RS-232 (Serial Port), RJ-11 |
| Features and Performance | Additional Features of the Machine | Record Serial Number of the Processed Currency Notes, Identification of Currency Notes issued prior to 2005, Strapping / Bundling of Currency Notes, Supporting Communication with commonly available Operating Systems Windows/ Linux/ IOS etc. |
| Features and Performance | Data Storage Capacity for Storing Notes Serial Numbers | Upto 2 million |
| Features and Performance | Additional Accessories | Additional Display, Printer |
| Buyer Specific Requirements | Other requirements | As per buyer added ATC/ASOW if any (The ATC/ASOW/additional requirement shall be complement to the existing Category specifications. Any stipulation which are directly contradictory to the category specifications be considered as null and void. Any bid having contradictory specifications/ATC will be liable to cancelled) |
| Buyer Specific Requirements | Available Test Certifications of the Machine | Speed Test Certificate, Consistency/ Repeatability Test Certificate, Stress Test Certificate |
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates demonstrating similar banknote sorting deployments
Financial statements to prove stability
EMD/Security deposit documentation (if required in ATC)
Technical bid documents and conformity statements
OEM authorization letters for the note sorting machine if bidding as authorized dealer
Any test certifications or compliance certificates referenced in ATC
Frequently Asked Questions
Key insights about ODISHA tender market
How to participate in note sorting machine tender in Khordha Odisha 2026?
Bid participation requires submission of GST, PAN, experience certificates, financial statements, OEM authorizations, and technical conformities as per ATC. Ensure the machine meets bank-grade standards and can store serial numbers; await ATC for EMD, payment terms, and delivery schedules. Prepare vendor registration and eligibility proofs.
What documents are required for IOB note sorting tender in Odisha?
Required documents include GST certificate, PAN card, experience proofs of banknote sorting deployments, financial statements, EMD (if specified in ATC), technical bid, and OEM authorization. Submit conformity with detection technology, stacker configuration, and data storage capabilities as described in ATC.
What technical specifications are specified for V2 currency sorter in Odisha?
Specifications mention detection technology, display, sorting mode, stacker and reject stacker configuration, hopper capacity, per-stack capacity, speed (notes/min), data storage for serial numbers, communication ports, and optional accessories. Exact standards are not listed in current data; ATC will confirm compliance.
What are the eligibility criteria for IOB currency sorting tender 2026?
Eligibility favors bidders with banknote sorting deployments, ability to demonstrate test certifications, OEM authorization, and financial stability. Demonstrate capacity to meet data storage and serial-number processing requirements; ensure ability to comply with buyer terms in ATC.
When is the deadline and EMD for the Khordha note sorter tender?
Deadline and EMD details are not disclosed in the provided data. Bidders should refer to the ATC document for the precise submission date, EMD amount, and whether online or DD payments are accepted, along with delivery timelines.
How to verify compliance with bank-grade certifications for the sorter?
Verify required test certifications and OEM authorizations listed in ATC. Confirm data storage for serial numbers, sorting speed, and security features. Obtain documented evidence of ISO/IS standards adherence and any BIS/ISI certifications if specified during ATC release.
What are the expected delivery and after-sales terms in this tender?
Delivery terms are defined in ATC; until then, bidders should prepare installation readiness, operator training, and warranty obligations. Post-delivery support, spare parts availability, and AMC terms will be clarified in the ATC and contract documents.
What configurations are needed for stackers and reject stackers?
Tender requires precise configuration details for stackers and reject stackers, including minimum capacity per stacker and reject stacker, as well as how many stackers are standard. Ensure machine supports the specified batching and data capture for rejected notes.
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Unlock Tender Documents
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Documents 4
GeM-Bidding-9667991.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS