Group Term Insurance Service - As per RFP
Union Bank of India · Mumbai, Maharashtra · Healthcare Services · open
Key facts
- Published: 10 Nov 2026
- Closing date: 03 Dec 2026
- Status: open
- Status as of: 11 Nov 2026 23:03 UTC
- Ministry: Ministry of Finance
- Department: Department of Financial Services
- Office: Central Office Dept Of Information Technology
Description
Procurement of group term insurance service for Union Bank of India. The insurance period is from 21-12-2026 to 20-12-2027, covering 293811 people on a lumpsum basis with a total sum insured of 277387100000. The contract period is 1 year.
Eligibility & requirements
- Startup relaxation: Yes
- MSE relaxation: Yes
- Documents required: Experience Criteria, Bidder Turnover, Certificate (Requested in ATC), OEM Authorization Certificate, OEM Annual Turnover, Additional Doc 1 (Requested in ATC), Additional Doc 2 (Requested in ATC), Additional Doc 3 (Requested in ATC), Additional Doc 4 (Requested in ATC), Supporting documents to prove eligibility for exemption from Experience / Turnover Criteria
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Commercial terms
- Bid type: Two Packet Bid
- Evaluation: Total value wise evaluation
- Make in India (MII): Yes
- MSE preference: Yes
Line items (1)
- Group Term Insurance Service - As Per RFP — Qty: 1 Lumpsum
2 tender document(s) available — sign up to download.
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