Liability Insurance Service - Indemnity insurance
Indian Bank · Chennai, Tamil Nadu · Consulting & Professional Services · open
Key facts
- Tender value: ₹2.0L
- Published: 04 Nov 2026
- Closing date: 02 Dec 2026
- Status: open
- Status as of: 05 Nov 2026 22:09 UTC
- Ministry: Ministry of Finance
- Department: Department of Financial Services
- Office: Corporate Office
Description
Indian Bank invites bids for indemnity insurance with an AOA:AOY limit of 140000000 and single premium payment. The contract period is 1 year and 1 day, with insurance coverage from 01-01-2027 to 31-12-2027. Estimated bid value is INR 200000. EMD and ePBG are not required.
Eligibility & requirements
- Experience required: 5 years
- Startup relaxation: No
- MSE relaxation: No
- Certifications: Valid Udyam Certificate (for MSE purchase preference)
- 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), Copies of relevant contracts / orders, Certified Audited Balance Sheets or a certificate from the Chartered Accountant / Cost Accountant indicating turnover details
New to these terms? Read how tender eligibility criteria work.
Commercial terms
- Bid type: Two Packet Bid
- Evaluation: Total value wise evaluation
- Make in India (MII): Yes
- MSE preference: Yes
Line items (1)
- Liability Insurance Service - Indemnity Insurance — Qty: 1 Lumpsum
3 tender document(s) available — sign up to download.
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