Union Bank Of India Tender

Work Description - Tender For Group Term Life Insurance For Casa Ac Holders Of The Bank.

Union Bank of India invites open tenders for providing Group Term Life Insurance services to its CASA account holders. This significant opportunity, valued at ₹8,25,00,000, aims to secure a comprehensive insurance policy for a period of 365 days. The tender, identified by reference number SSD/MTN/5690/2025 and Tender ID 2025_UBoI_798630_1, is an item-rate contract with a two-cover system: a technical bid in .pdf format and a commercial bid in .xls format. Key dates include document download and bid submission deadlines ending on June 10, 2025, at 03:00 PM, with the bid opening scheduled for June 10, 2025, at 03:30 PM. A pre-bid meeting is scheduled for May 26, 2025, at 11:30 AM at the Union Bank of India's Central Office in Mumbai. The Tender Inviting Authority is the Dy General Manager, located at Support Services Dept, Central Office, Union Bank of India, Nariman Point, Mumbai, Pin-400021. The tender is for services, specifically life insurance, and requires bidders to possess a valid license from IRDA and demonstrate relevant experience in placing Group Term Life Insurance policies. There are no tender fees or EMD required for this tender.