Safes (V3) ISI Marked to IS 550
Regional Rural Banks (rrb)
KAPURTHALA, PUNJAB
Bid Publish Date
10-Feb-2026, 4:29 pm
Bid End Date
26-Feb-2026, 9:00 am
Location
Progress
Quantity
17
Bid Type
Two Packet Bid
Punjab National Bank (Banking Sector) invites bids for Safes (V3) ISI Marked to IS 550 (Q2) under the procurement of secure storage solutions in KAPURTHALA, PUNJAB. The category specifies general requirements including safe classification per IS 550 Table 1, number of doors, and gross internal volume (L) per Table 2, with locker/lock provisions. The tender emphasizes ISI marking and compliance to IS 550 standards for vault-grade protection and security features, targeting a bank-grade deployment footprint. A notable bid condition is a flexible quantity option, allowing up to 25% quantity variation within the contract period, with delivery timelines tied to the original and extended orders. This opportunity is positioned for public procurement by a major public sector bank in Punjab.
IS 550 compliant safes with ISI marking
Classification per IS 550 Table 1
Gross Internal Volume per Table 2 (L)
Number of doors as per Table 2
Number of lock keys as per Table 2 (x(a))
25% quantity variation allowed during contract execution
Delivery schedule governed by original and extended delivery periods
IS 550 ISI marked safes required for Kapurthala procurement
Delivery starts from last date of original delivery order; extended time calculated as (Additional quantity ÷ Original quantity) × Original delivery period, minimum 30 days
purchaser may increase/decrease quantity up to 25% at contracted rates during and after initial order
Safes must be ISI marked and IS 550 compliant with required classifications and dimensions
Experience in supplying ISI marked safes or banking security equipment
Demonstrated ability to meet IS 550 classifications and dimensions
Financial stability evidenced by turnover and bank-grade procurement history
Main Document
CATALOG Specification
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Regional Rural Banks (rrb)
KAPURTHALA, PUNJAB
State Bank Of India (sbi)
HOSHIARPUR, PUNJAB
Punjab National Bank
INDORE, MADHYA PRADESH
Punjab National Bank
HISAR, HARYANA
State Bank Of India (sbi)
SARAN, BIHAR
Tender Results
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| Category | Specification | Requirement |
|---|---|---|
| GENERAL REQUIREMENTS | Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) | A / TRTL – 30 × 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) | 850 - L (213 L) |
| LOCKS | Number of lock keys on safe (as per point x (a) of Table 2) | 2 |
Discover companies most likely to bid on this tender
GST registration certificate
PAN card
Experience certificates for supply of safes or security equipment to banks
Financial statements or turnover evidence
EMD documentation (as per bank terms, if applicable)
Technical compliance certificates confirming ISI marking and IS 550 adherence
OEM authorizations (if bidding as a distributor)
Manufacturing or supply capability documentation
Extended Deadline
26-Feb-2026, 9:00 am
Opening Date
26-Feb-2026, 9:30 am
Key insights about PUNJAB tender market
Bidders must submit ISI marking documentation, IS 550 compliance certificates, and bank-specific submission set. Ensure eligibility through bank supply experience, GST, PAN, and financial statements. The tender allows up to 25% quantity variation and requires ISI demonstrated capacity for vault-grade safes.
Required documents include GST registration, PAN, experience certificates in bank security equipment, financial statements, EMD documents if applicable, ISI/IS 550 compliance certificates, OEM authorizations if bidding as distributor, and technical bid dossiers detailing ISI marking.
Safes must meet IS 550 classification per Table 1, provide gross internal volume per Table 2, have specified number of doors and lock keys per Table 2, and carry ISI certification. Compliance ensures suitability for banking security deployment in Kapurthala.
Delivery terms align with the original delivery order, with possible extension under the option clause. Additional time is calculated as (Additional quantity ÷ Original quantity) × Original delivery period, with a minimum 30 days extension and extension limits within contract scope.
The purchaser may increase or decrease the bid quantity by up to 25% of the bid quantity at the contracted rates during placement and within the contract currency, ensuring flexible deployment to meet security needs.
Mandatory ISI marking and IS 550 compliance must be demonstrated. Bidders should provide certification evidence, OEM authorizations if applicable, and bank procurement experience demonstrating capability to supply safes to financial institutions.
Punjab National Bank
📍 ALIGARH, UTTAR PRADESH
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Main Document
CATALOG Specification
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS