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State Bank of India Safes ISI Marked to IS 550 (V3) Tender 2026 India

Bid Publish Date

26-Jan-2026, 12:12 pm

Bid End Date

29-Jan-2026, 7:00 pm

Location

HYDERABAD , TELANGANA

Progress

Issue26-Jan-2026, 12:12 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • IS 550 ISI Marked safes with biometric lock must be BIS-certified
  • • AAA/ biometric lock security requirement per IS 17566
  • • Anchor provisions and gross internal volume specifications per Table 2 IS 550
  • • 25% quantity variation at contract placement and during currency
  • • Delivery to SBI branches with removal of existing safes and embedding new safes
  • • OEM authorization and branch installation capability required

Tender Overview

The opportunity involves SBI (State Bank of India) procurement of ISI Marked safes compliant with IS 550 (V3) focusing on AA class cash safes with biometric locks. Scope includes supply, removal of existing safes, and embedding the new unit in SBI branch record rooms, with delivery to specified branches. Key differentiators include BIS certification for IS 550 and biometric locking, and adherence to IS 550 Class/Classification per Table 1. The buyer reserves 25% quantity flex and extended delivery options with proportional timelines. The estimated value and start/end dates are not disclosed in the provided data, but the tender emphasizes BIS/IS 550 compliance and accurate anchoring details.

Technical Specifications & Requirements

  • Product category: General safety equipment (cash safes) meeting IS 550 classifications and BIS certification for safes and biometric lock systems per IS 17566.
  • Physical metrics: Safe must specify Gross Internal Volume (L) per Table 2 IS 550 and include the number of doors and anchor provisions.
  • Locks & security: Biometric locking capability required; number of lock keys must align with Table 2 point x(a); anchoring arrangement provided to ensure branch security.
  • Delivery scope: Deliver, install, remove existing safes, and embed new safes in branch record rooms; compliance with branch-specific installation requirements.
  • OEM/Certification: OEM must hold valid BIS certificate for IS 550 and Key Lock IS 17566; ensure AA class cash safe with biometric access.
  • BOQ/quantities: No BOQ items listed; procurement appears scoped to individual safe units with IS 550 compliance.

Terms, Conditions & Eligibility

  • EMD/guarantee: Not disclosed in the data; bidders should expect standard EMD as per SBI tender norms.
  • Delivery timeline: Flexible delivery period governed by option clause; base period to be defined in order, with possible extension up to 30+ days under quantity variation.
  • Payment terms: Not specified; bidders should anticipate SBI payment norms (milestone/LC/advance terms to be clarified).
  • Experience: OEM/partner experience with IS 550 safes and biometric locks; prior delivery to bank branches is advantageous.
  • Documentation: Submissions should include GST, PAN, BIS OEM authorization, technical compliance for IS 550 and IS 17566, and branch installation capability.
  • Compliance: Adhere to BIS certificate validity for IS 550 and Key Lock IS 17566; implement safe anchoring as per IS 550 guidance; ensure safe can be embedded as required by bank.

Key Specifications

  • IS 550 compliance with classified safe categories (Table 1)

  • Gross Internal Volume per Table 2 of IS 550 (L)

  • Number of doors as per Table 1/2 requirements

  • Anchoring arrangement provided for bank installation

  • Biometric lock requirement (AA class cash safe) and corresponding key lock counts per IS 17566

Terms & Conditions

  • Quantity may increase up to 25% during contract and delivery extended accordingly

  • OEM must hold BIS certificate for IS 550 and IS 17566 biometric locks

  • Delivery includes removing existing safe and embedding the new safe in branch records room

Important Clauses

Payment Terms

Payment terms not specified; bidders should expect SBI standard terms with milestones or advance options to be clarified in the order.

Delivery Schedule

Delivery commences from the last date of original delivery order; option clause allows extended delivery time proportionate to quantity fluctuations with minimum 30 days.

Penalties/Liquidated Damages

Penalty details not provided; SBI tenders typically include LD for delayed delivery or non-conformance; exact rates to be confirmed in contract.

Bidder Eligibility

  • Experience in supplying IS 550 safes with biometric locking to banks

  • Authorized OEM with BIS certification for IS 550 safes and IS 17566 biometric locks

  • Branch installation capability including safe embedding and anchoring

Documents 4

GeM-Bidding-8885928.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 (similar safes supply to banks)

4

Financial statements (last 3 years)

5

EMD documentation (as per SBI norms)

6

Technical bid documents demonstrating IS 550 compliance

7

OEM authorization/authorization letter for biometric lock IS 17566

8

BIS certification for IS 550 safes

Frequently Asked Questions

Key insights about TELANGANA tender market

How to bid for SBI ISI Marked safes tender 2026 in India?

Bidders must submit GST, PAN, experience certificates, and financial statements, plus OEM authorizations and BIS certifications. Ensure IS 550 class/volume data, biometric lock validation per IS 17566, and anchoring capability. Include technical bid with safety and installation plan and comply with the 25% quantity variation clause.

What documents are required for SBI safes procurement bid 2026?

Required documents include GST certificate, PAN card, prior bank-supply experience certificates, financial statements for three years, EMD documentation, OEM authorization for biometric locks, BIS IS 550 certification, and technical compliance proofs for IS 550 classification and anchoring requirements.

What are the IS 550 standard requirements for safes tendered by SBI?

Safes must conform to IS 550 Table 1 classification, Table 2 gross internal volume, number of doors, and anchoring provisions. BBIS/BAIS certification for IS 550 is mandatory, along with biometric lock features per IS 17566. The product must fit branch record room embedding needs.

When is the delivery period for SBI bank safes tender 2026?

Delivery schedule follows the last date of the original delivery order with an option to increase quantity up to 25% and extend delivery time. The extended period uses a formula: (Additional quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

What are the biometric lock requirements for SBI AA class cash safes?

SBI requires biometric locking as part of the AA class cash safe per IS 17566, with corresponding key lock counts per Table 2. OEM authorization must confirm biometric lock integration and BIS certification for this feature.

What installation requirements must be met for SBI safes at branches?

Bidders must provide anchoring arrangements and demonstrate safe embedding in branch record rooms. Removal of existing safes and installation of new safes should align with SBI branch security standards and IS 550 anchoring guidance; ensure minimal disruption during branch operations.

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