Group Term Life Insurance for Reserve Bank of India Employees

Work Description - Group Term Life Insurance For Serving Employees Of Rbi

The Reserve Bank of India, a Public Sector Undertaking, represented by CGMIC HRMD CO RBI at CGMIC, RBI Central Office Building, 21st Floor, invites participation in an Open Tender for the provision of Group Term Life Insurance for its serving employees. This significant tender, identified by Tender Reference Number 20.21.004, has an estimated value of ₹21,21,00,000. The tender process will be conducted in two covers, with the document download and bid submission period commencing on September 7, 2026, at 1:00 PM and concluding on September 19, 2026, at 6:00 PM. Prospective bidders are advised to note the ePublished Date of September 7, 2026, at 12:30 PM. A pre-bid meeting is scheduled for September 10, 2026, at 11:00 AM at RBI Central Office, Mumbai. The bid opening will take place on September 21, 2026, at 11:00 AM in Mumbai. Interested parties must carefully review the eligibility criteria detailed on page 13 and mandatory requirements on page 19 of the RFP document. Cover 1 will include fee/pre-qualification/technical documents, while Cover 2 will contain the financial bid (BOQ). Further details and tender documents, including the Notice Inviting Tender and the Group Term Life Insurance RFP, are available for download.