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

Bid Publish Date

26-Jan-2026, 12:24 pm

Bid End Date

29-Jan-2026, 7:00 pm

Progress

Issue26-Jan-2026, 12:24 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • BIS certificate requirement for IS 550 safes and IS 17566 key lock integration
  • Biometric locking system specification for AA class cash safes
  • IS 550 classification and Table 2 volumetric and anchoring requirements
  • Delivery to SBI branches with removal of existing safes and embedding in record rooms
  • Option to increase quantity up to 25% with corresponding delivery time adjustments
  • OEM authorizations and ISI/BIS certifications as mandatory eligibility criteria

Tender Overview

The State Bank of India (SBI) invites bids for ISI Marked safes compliant with IS 550 (V3) with biometric locking, intended for branch record rooms. The project scope includes supply of new AA class cash safes, removal of existing units, and embedding the new safes within SBI branch premises. Deliverables must include safes with biometric access and BIS certification, positioned in bank record rooms. Key differentiator is the IS 550/classification requirement and BBIS-compliant biometric lock integration, ensuring secure cash handling across multiple branches.

Technical Specifications & Requirements

  • Product/Service: ISI Marked safes (V3) under IS 550 with biometric lock for AA class cash storage
  • Standards: IS 550 (Table 1, Table 2); IS 17566 (lock system); BIS certification required
  • Physical: Gross Internal Volume per Table 2, number of doors per safe, anchoring arrangement
  • Locks: Biometric lock system; number of lock keys per safe as per Table 2 (x(a))
  • Delivery & Installation: Safe delivery to SBI branches; removal of existing safes; embedding in branch record rooms
  • Qualification: OEM should have valid BIS certificate for Safe IS 550 and key lock IS 17566; compliance with biometric integration
  • Quantity & Scope: No BOQ items specified; scope focuses on new AA class cash safes with biometric access

Terms, Conditions & Eligibility

  • EMD/Deposits: Not explicitly stated in data; bidders should anticipate standard EMD as per SBI guidelines
  • Delivery Window: Delivery period linked to contract quantity; option to adjust quantity up to 25% with revised delivery timing
  • Warranty & Aftercare: Not detailed; anticipated warranty along with biometric lock support
  • Documentation: GST, PAN, BIS certificate proof, OEM authorization, technical compliance certificates, safety and installation approvals
  • Acceptance & Penalties: Clause to embed new safes; ensure secure handover and removal of existing units; penalties for non-compliance not specified
  • ATC Clauses: Mandatory BIS certification for IS 550 safes; adherence to biometric lock standards

Key Specifications

  • IS 550 compliant safes (V3) with AA classification for cash storage

  • Biometric lock system with specified number of keys as per Table 2

  • Gross Internal Volume defined in IS 550 Table 2

  • Anchoring arrangement provided for secure installation

  • BIS certification proof required from OEM

Terms & Conditions

  • Delivery quantity may vary by ±25% with corresponding schedule adjustment

  • OEM must hold BIS certificate for IS 550 safes and IS 17566 lock

  • Biometric lock integration and embedding in SBI branch record rooms are mandatory

Important Clauses

Payment Terms

Standard SBI payment terms expected; explicit percentage splits and timelines not disclosed in data

Delivery Schedule

Delivery begins after final order; option of extended delivery period with 30+ days minimum when quantity increases

Penalties/Liquidated Damages

Not specified in data; standard SLA penalties may apply for late delivery or non-compliance

Bidder Eligibility

  • Bidders must demonstrate IS 550/Safe with BIS certification

  • OEM authorization for biometric lock integration

  • Experience in supplying and installing bank-grade safes in financial institutions

Documents 4

GeM-Bidding-8885961.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 for similar safe supply projects

4

Financial statements (latest audited and/or CA certificate)

5

EMD submission proof (amount/format as per SBI terms)

6

Technical bid documents demonstrating IS 550 compliance and biometric lock integration

7

OEM authorization/license documents

8

BIS certificate for Safe IS 550 and IS 17566 lock

Frequently Asked Questions

Key insights about TELANGANA tender market

How to bid for SBI ISI marked safes tender 2026?

Bidders must submit GST, PAN, BIS certification, OEM authorization, and technical bid proving IS 550 compliance plus biometric lock integration. Include EMD proof and financial statements. Ensure branch embedding capability and branch record room specifications are addressed in the offer.

What documents are required for SBI safe procurement 2026?

Required documents include GST certificate, PAN card, BIS certificate for IS 550 safes, IS 17566 lock certification, OEM authorization, experience certificates of similar projects, financial statements, and EMD submission proof. Technical bid must demonstrate biometric lock integration and anchoring installation proof.

What are the technical standards for SBI safes ISI 550?

Safes must be ISI Marked to IS 550 with V3 classification and AA class cash storage capability. Locks should comply with IS 17566 biometric standards; OEM must hold BIS certification for the product. Delivery must include anchoring and embedding in branch record rooms.

When is the delivery deadline for SBI AA class safes?

Delivery timelines are contract-quantity dependent with a base delivery period, plus a 25% quantity option. Extended time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.

What is the EMD requirement for SBI safe tender 2026?

EMD details are not numerically specified in the data; bidders should submit as per SBI terms, typically a fixed amount or percentage of estimated value, via online payment or demand draft accompanying bid submission.

What is required for biometric lock integration in SBI safes?

Bidders must provide biometric lock system specs aligned with IS 17566, ensure biometric access control, and embed the safe within SBI branch record rooms. OEM should provide installation support and warranty for biometric components.

What are the key eligibility criteria for SBI safe supply?

Eligibility includes IS 550 compliance with BIS certification, IS 17566 lock certification, verified experience supplying bank-grade safes, OEM authorization, and ability to deliver and install safes in SBI branches with embedding in record rooms.

What are the brand or OEM requirements for SBI safes bid?

OEMs must hold BIS certification for IS 550 safes and IS 17566 lock; BIOMETRIC lock suppliers should be recognized OEM partners with installation support capabilities and documented bank-grade performance histories.

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