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State Bank of India Note Sorting Machines (V2) Tender 2026 Maharashtra - ISI/ISO Standards & 25% Option Clause

Bid Publish Date

20-Feb-2026, 4:38 pm

Bid End Date

26-Feb-2026, 5:00 pm

Latest Corrigendum Available

Progress

Issue20-Feb-2026, 4:38 pm
Corrigendum23-Feb-2026
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 1

Tender Overview

The State Bank of India (SBI) invites bids for Note Sorting Machines (V2) under the Department of Financial Services. The procurement references a seller-side option for scalable quantity amid a 25% expansion window, with delivery terms tied to the last original delivery date. A one-year target is noted for 100 machines to be sold, indicating a substantial deployment across SBI locations. The category emphasizes high-throughput currency processing, stackers, and rejection handling, with buyer-specific requirements and certification expectations shaping vendor selection.

Technical Specifications & Requirements

  • Machine category: Note Sorting Machines (V2) with currency authentication/fitness sorting and serial number processing
  • Key features to confirm: Detection technology, display, stacker configuration (Stacker + Reject Stacker), hopper feeding capacity, and per-stacker capacities for both main and reject stacks
  • Throughput and performance: processing speed (notes per minute) and sorting modes (sorting type and features)
  • Accessories: any additional features or optional accessories specified by SBI, plus required test certifications
  • Standards & compliance: ensure available test certifications are documented, with standard references clearly indicated
  • Seller scope: generic construction details and machine description to align with SBI’s currency processing needs

Terms, Conditions & Eligibility

  • Option clause: Purchaser may increase/decrease bid quantity by up to 25% of bid quantity at contract placement and during currency at contracted rates
  • Delivery window: delivery period recalculated from the last date of the original delivery order; minimum extension logic applies
  • Quantity target: 100 machines sales in one year as per buyer terms
  • Compliance: bidders must adhere to the stated option clause and deliver within extended periods as calculated
  • Documentation: bidders must supply requisite bid documents per tender terms, including any OEM authorizations and test certifications

Key Specifications

  • Note Sorting Machine (V2) category

  • Currency detection and sorting with serial number processing

  • Minimum hopper/feeding capacity; minimum per-stacker capacity including reject stacker

  • Stacker + Reject Stacker configuration

  • Displayed interface for operator interaction

  • Additional accessories and optional features

  • Available test certifications for the machine

  • Buyer-specific requirements and performance features

Terms & Conditions

  • EMD as per SBI tender terms (not explicitly quantified here)

  • Option clause allows ±25% quantity variation during contract

  • Delivery period calculated from last date of original order

  • 100 machines sales target within one year

  • Compliance with available test certifications required

Important Clauses

Payment Terms

Not explicitly stated in provided data; bidders should expect standard SBI terms per procurement policy and contract.

Delivery Schedule

Delivery periods recalculated based on last date of original delivery order; extended time follows the option clause calculation.

Penalties/Liquidated Damages

Not specified in the data; bidders should anticipate standard L.D. provisions in SBI procurements.

Bidder Eligibility

  • Experience in supplying currency processing or banknote handling equipment

  • Financial capability to support large-scale procurement (100 machines/year target)

  • Compliance with required certifications and OEM authorizations

Documents 3

GeM-Bidding-9020411.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

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
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 Touch Screen LCD/LED
Features and Performance Number of Stackers / Machine Configuration (Stacker+Reject Stacker) 4+2
Features and Performance Minimum Hopper/Feeding Capacity (Minimum Number of Currency Notes) 1500
Features and Performance Minimum Each Stacker Capacity expect Reject Stacker (Minimum Number of Currency Notes) 250
Features and Performance Minimum Each Reject Stacker Capacity (Minimum Number of Currency Notes) 250
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 1000 Notes per Minute, Minimum 1200 Notes per Minute Or higher
Features and Performance Additional Features of the Machine Record Serial Number of the Processed Currency Notes, Identification of Currency Notes issued prior to 2005, Supporting Communication with commonly available Operating Systems Windows/ Linux/ IOS etc.
Features and Performance Additional Accessories 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

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for currency processing equipment (note sorting)

4

Financial statements (as specified by SBI terms)

5

EMD/Security deposit documents

6

Technical bid documents demonstrating compliance with machine specs

7

OEM authorization / dealership certificate (if applicable)

8

Product test certifications and performance certificates

Corrigendum Updates

1 Update
#1

Update

23-Feb-2026

Extended Deadline

26-Feb-2026, 5:00 pm

Opening Date

26-Feb-2026, 5:30 pm

Frequently Asked Questions

Key insights about RAJASTHAN tender market

How to bid for SBI note sorting machines tender 2026 in Maharashtra

Bidders should prepare GST, PAN, and experience certificates, plus financials and EMD as per SBI terms. Ensure OEM authorizations if required and provide technical compliance documents showing currency detection, stacker capacity, and processing speed. Follow the 25% quantity option clause and confirm delivery timelines from the last original delivery date.

What documents are required for SBI note sorting machines bid 2026

Submit GST registration, PAN, and financial statements, plus experience certificates for currency processing equipment. Include EMD security documents, OEM authorizations, and technical bid demonstrating compliance with detection technology, stacker configurations, and throughput specs. Ensure test certifications are included.

What are the technical specifications for SBI V2 note sorting machines

Specifications include currency authentication/fitness sorting with serial number processing, stacker + reject stacker configuration, minimum hopper capacity, and per-stacker capacity. Display interface, processing speed in notes per minute, and available accessories must be described, with tests/certifications clearly listed.

What is the delivery timeline and option clause for SBI procurement

Delivery terms allow a 25% quantity adjustment up or down at contract placement and during the currency term. Delivery period is calculated from the last date of the original delivery order, with minimum 30-day considerations for extended timing when applying the option.

What standards and certifications are required for SBI note sorting machines

Provide available test certifications and specify compliance with relevant standards. If ISI/ISO certifications are requested, explicitly indicate the standard numbers and certification bodies in the technical bid to meet SBI procurement expectations.

What is the annual quantity target for SBI note sorting machines

SBI targets 100 machines sold within one year under the buyer terms. Bidders should align manufacturing, logistics, and service capabilities to support this annual volume and demonstrate scalability in production and after-sales support.

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