Jilla Sahakari Kendriya Bank Maryadit Raipur Currency Counting Machine Tender 2026 V2 ISI/NGO Standards
Bid Publish Date
25-Jun-2026, 8:05 pm
Bid End Date
16-Jul-2026, 12:00 pm
Location
Progress
Quantity
75
Bid Type
Two Packet Bid
Categories
2
Tender Overview
Jilla Sahakari Kendriya Bank Maryadit, Raipur seeks procurement of a Currency Counting Machine (V2) for the Raipur, Chhattisgarh region. While the official title lacks a value, the scope includes a multi-denomination note counting and counterfeit detection capability, with a requirement for OEM over ₹5 crore turnover and Udyam registration. The ATC mandates GaM quality controls and a National Technical House facility, indicating a high-quality, bank-grade counting solution. This buyer’s clause suggests flexibility on quantity up to 25% during contract execution. The opportunity targets suppliers capable of meeting stringent documentation, compliance, and delivery milestones.
Technical Specifications & Requirements
- Product: Currency Counting Machine (multi-denomination, note detection, counterfeit detection) with separate denomination counting and totalized output
- Standards/Certifications: ISI marked, National Technical House facility, OEM over ₹5 crore turnover; Udyam registration required
- Key capabilities: multi-denomination handling, fake note detection, and precise total quantity reporting
- Vendor must ensure GST registration and PAN linkage; upload required with tender submission
- Delivery/delivery-time: terms imply extension options up to 25% quantity, minimum time considerations and extension mechanics
- Additional terms: clause on payment adjustments by government, no third-party withholding of acceptance, and supplier experience with cooperatives/bank procurement
- Location/delivery: Raipur, Chhattisgarh; installation/compliance with bank IT interfaces may be implied
- Documentation: mandatory OEM authorization and technical compliance evidence
Terms, Conditions & Eligibility
- EMD: ₹50,000 deposit required
- Turnover/experience: OEM turnover > ₹5 crore; experience with banking sector/cooperatives preferred
- Registration: valid Udyam registration for tender eligibility
- Payment terms: government deduction/withholding provisions apply; specifics to be clarified in contract
- Delivery window: extended timelines based on option clause; base delivery period and calculation method provided
- Penalties/Warranty: penalties and warranty terms to be defined; final terms to be confirmed in the purchase order
- Submission documents: GST certificate, PAN, experience certificates, financial statements, EMD receipts, OEM authorizations
- Disqualification: non-compliance with ATC clauses or missing essential documents leads to bid rejection
Key Specifications
-
Product: Currency Counting Machine (V2)
-
Denominations: Multi-denomination counting
-
Detection: Counterfeit/note authenticity detection
-
Standards/Certifications: ISI marked; OEM turnover > ₹5 crore%
-
Registration: Udyam required
-
Delivery: 25% quantity flexibility during contract; minimum 30 days extension rule
-
Warranty/Support: To be defined in contract; ensure bank-grade reliability
Terms & Conditions
-
EMD of ₹50,000 required with bid submission
-
OEM turnover threshold of ₹5 crore and Udyam registration
-
Delivery period adjustable via option clause with minimum 30 days
-
Multi-denomination and counterfeit detection capabilities required
-
GST and PAN must be integrated with bid submission
Important Clauses
Payment Terms
Government deduction/withholding applies; payment terms to be specified in the purchase order
Delivery Schedule
Option clause permits quantity variation up to 25% during contract; extended delivery time computed as (Additional quantity / Original quantity) × Original delivery period, minimum 30 days
Penalties/Liquidated Damages
Penalties and warranty terms to be finalized; non-compliance may lead to bid rejection
Bidder Eligibility
-
OEM with turnover > ₹5 crore and ability to supply currency counting machines
-
Udyam registered vendor
-
Experience in bank/cooperative sector preferred
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Currency Counting Machine (V2) (Q2)
Payment Timelines
Payments shall be made to the Seller within 30 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
Raipur
Delivery Pincodes
492001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Rajendra Chandrawanshi | 492001,JILA SAHAKARI KENDRIY BANK MARYADIT RAIPUR, G.E. ROAD OPP LALGANGA SHOPING MALL RAIPUR C.G. | Raipur | Chhattisgarh | 492001 | 75 | 15 | - |
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Documents 3
GeM-Bidding-9521971.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST Registration Certificate
PAN Card
Experience Certificates (bank/cooperative sector preferred)
Financial Statements/Annual Reports
EMD Payment Receipt (₹50,000)
Technical Compliance Certificates
OEM Authorization/Authorization Letter
Udyam Registration Certificate
Multi-denomination & counterfeit-detection capability documentation
Delivery/compliance plan and installation approach
Corrigendum Updates
2 Updates Update
Extended Deadline
16-Jul-2026, 12:00 pm
Opening Date
16-Jul-2026, 12:30 pm
Update
Extended Deadline
07-Jul-2026, 1:00 pm
Opening Date
07-Jul-2026, 1:30 pm
Frequently Asked Questions
Key insights about CHHATTISGARH tender market
How to bid for Raipur currency counting machine tender in 2026 with ISI standard?
Bidders must submit GST, PAN, EMD ₹50,000, OEM authorization, and Udyam registration along with technical compliance for the Currency Counting Machine (V2). The tender requires multi-denomination handling and counterfeit detection, plus bank-grade reliability. Ensure OEM turnover > ₹5 crore and upload experience certificates relevant to banking equipment. Delivery terms follow the 25% quantity option and minimum 30-day extension rule.
What documents are required for Raipur currency counting tender submission?
Required documents include GST registration, PAN, EMD receipt, experience certificates (bank/cooperative sector preferred), financial statements, OEM authorization, Udyam registration, and technical compliance certificates. Also provide documentation for multi-denomination and counterfeit-detection capabilities and a delivery/installation plan for Raipur, Chhattisgarh.
What are the technical specifications for the currency counting machine in this bid?
The machine must support multi-denomination counting, accurate totalization, and counterfeit/detection features. It should be ISI marked and come from an OEM with turnover over ₹5 crore. Documentation must prove bank-grade reliability and installation readiness in Raipur; no generic specs are acceptable.
When is the delivery window and how are extensions calculated for this tender?
Delivery can be extended under the option clause up to 25% of the contracted quantity. The extended delivery time equals (Additional quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days; extensions can be applied to the original delivery period during the currency of the contract.
What is the EMD amount and payment terms for the Raipur bid?
The EMD is ₹50,000. Payment terms are subject to government deduction/withholding and will be finalized in the purchase order. Ensure prompt submission of EMD with bid and adhere to local tax/credit regulations; final payment terms will be described in the contract.
What eligibility criteria must vendors meet for this currency counting machine tender?
Vendors must be OEMs with turnover > ₹5 crore, carry Udyam registration, and demonstrate banking sector experience. The bid requires ISI-marked currency counting capability, multi-denomination handling, counterfeit detection, and bank installation readiness in Raipur. GST, PAN, and OEM authorizations are mandatory at submission.
Which standards and certifications are mandatory for this Raipur procurement?
Mandatory standards include ISI marking and an OEM turnover threshold of ₹5 crore. Udyam registration is required. Documentation must include technical compliance certificates proving multi-denomination counting and counterfeit detection, plus bank-grade reliability and installation capability in Raipur, Chhattisgarh.
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Documents 3
GeM-Bidding-9521971.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS