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State Bank of India Note Sorting Machines (V2) Bid Coimbatore Tamil Nadu 641001 600000 BIM 2025

Bid Publish Date

27-Nov-2025, 8:43 pm

Bid End Date

02-Dec-2025, 4:00 pm

Value

₹6,00,000

Location

COIMBATORE , TAMIL NADU

Progress

Issue27-Nov-2025, 8:43 pm
AwardPending
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Quantity

3

Bid Type

Two Packet Bid

Categories 1

POTATO

Tender Overview

The State Bank of India (SBI) invites bids for Note Sorting Machines (V2) in Coimbatore, Tamil Nadu, with an estimated value of ₹600,000. The opportunity targets vendors capable of supplying standard note sorting equipment to support SBI’s financial services operations in the Tamil Nadu region. The procurement emphasizes delivery timing and flexibility on quantity, leveraging SBI’s internal logistics. The contract scope hinges on meeting the stated equipment category and ensuring compliant delivery to the Coimbatore location.

Technical Specifications & Requirements

  • Product category: Note Sorting Machines (V2) - Q2
  • Estimated value: ₹600,000; no BOQ items reported
  • Location: Coimbatore, Tamil Nadu 641001; procurement aligns with SBI Department of Financial Services
  • Key conditions: Option to increase/decrease quantity up to 25% of bid/contracted quantity; delivery timeline begins from the last date of the original delivery order; extension rules apply with a minimum 30 days for additional time; vendor must comply with option clause
  • No explicit technical specs published; bidders should prepare to demonstrate compatibility with standard note processing equipment and SBI installation requirements

Terms, Conditions & Eligibility

  • EMD: Not explicitly specified in the tender data
  • Delivery terms: Original delivery period governs initial schedule; extensions allowed under the 25% option clause
  • Payment terms: Not specified in the data provided
  • Documents: Submission likely requires GST, PAN, experience certificates, financial statements, and OEM authorizations; ensure readiness for a typical government procurement submission
  • Compliance: Bidders must adhere to the Buyer Added Terms and Conditions, including the quantity adjustment and delivery extension mechanics
  • BOQ: No items listed; total items reported as 0, indicating potential placeholder/early stage tender

Key Specifications

  • Product/service names: Note Sorting Machines (V2) - Q2

  • Quantities: 0 listed; quantity flexibility up to 25% per option clause

  • Estimated value: ₹600,000

  • Experience requirement: not detailed in tender; bidders should show prior supply of note processing equipment

  • Quality/standards: not specified; anticipate standard security/electronic note processing equipment certifications

  • Delivery: begins from last date of original delivery order; additional time formula: (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days

Terms & Conditions

  • Option Clause: SBI may adjust quantity ±25% during and after contract signing with extended delivery timelines

  • Delivery period starts from the last date of the original delivery order and extends per the formula

  • EMD and some payment terms are not specified; bidders must prepare standard GST/PAN/experience documentation

Important Clauses

Payment Terms

Not explicitly specified in the tender data; bidders should seek clarity on advance/payment milestones during bid submission

Delivery Schedule

Delivery begins from the last date of the original delivery order; option clause allows quantity/time adjustments with minimum 30 days added time

Penalties/Liquidated Damages

Not provided in data; bidders should assume standard SBI lapsed delivery penalties and seek explicit LD terms

Bidder Eligibility

  • Experience in supplying note processing equipment or related banking hardware

  • GST registration and PAN

  • Financial stability evidenced by 2-3 years of financial statements or turnover adequate for ₹600,000 contract

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar Note Sorting equipment

4

Financial statements (last 2-3 years) demonstrating stability

5

EMD documents (as per tender guidance, if applicable)

6

Technical bid documents demonstrating equipment compliance

7

OEM authorization or authorized dealership certificate

Frequently Asked Questions

Key insights about TAMIL NADU tender market

How to bid for SBI note sorting machines tender in Coimbatore 2025

Bidders should register on the SBI procurement portal, obtain the bid document, and submit GST, PAN, experience certificates, financial statements, OEM authorizations, and EMD (if applicable). Ensure compliance with the 25% quantity option and delivery-extension terms, and provide installation/maintenance capabilities.

What documents are required for SBI note sorting tender in Tamil Nadu

Required documents include GST certificate, PAN card, 2-3 years of financials, experience certificates for similar equipment, OEM authorization, and technical bid packaging demonstrating equipment compatibility with banking operations and SBI installation standards.

What is the delivery extension rule for SBI 25% quantity changes

Delivery extensions apply when quantity changes by up to 25% of bid/contracted quantity; additional time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum extension of 30 days.

What are the payment terms if SBI clarifies later for this tender

Payment terms are not specified in the data; bidders should await clarification, but typically SBI releases payments on delivery and acceptance with standard net-30/60 terms following invoicing and verification.

What is the estimated value and scope for SBI note sorting machines

Estimated contract value is ₹600,000 with note sorting equipment as the procurement focus; BOQ items are not listed, indicating a potential single-line supply or staged requirement.

How to verify equipment standards for SBI note sorter in Tamil Nadu

Verify equipment meets SBI’s procurement standards, request OEM certifications, ensure compatibility with SBI installation environments, and obtain any required product standards certifications such as banking equipment compliance.

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