Union Bank Of India Tender

Work Description - Rfp For Renewal Of Group Term Life Insurance Policy For&#x0d Union Bank Of India Staff Loans For The Period 1st April 2026 31st March 2027

Union Bank of India, a Central Government Ministry/Department, invites open tenders for the Renewal of Group Term Life Insurance Policy for Union Bank of India Staff Loans for the period 1st April 2026 to 31st March 2027. This service-based tender, referenced as GEM/2026/B/7095621 with Tender ID 2026_UBoI_825539_1, has an estimated tender value of ₹40,00,00,000. The bid submission window opens on 13-Jan-2026 at 10:00 AM and closes on 03-Feb-2026 at 03:00 PM. Interested parties can download tender documents from 12-Jan-2026 at 02:00 PM until 03-Feb-2026 at 03:00 PM. A pre-bid meeting will be conducted online on 20-Jan-2026 at 11:00 AM to address any queries. Bids will be opened online through the GEM portal on 03-Feb-2026 at 03:30 PM. This tender requires a two-cover system: a Technical Bid (Cover 1, .pdf format) and a Financial Bid (Cover 2, .xls format). The EMD and Tender Fee are both set at ₹0.00. DGM PROCUREMENT, Procurement Dept, 1st Floor, Union Bank Bhavan, 239 Vidhan Bhavan Marg, Nariman Point Mumbai-400021 is the Tender Inviting Authority, contact DGM PROCUREMENT for any clarifications. The contract duration is 1095 days, and the location of the work is Mumbai.