Two Part Tenders are invited by Reserve Bank of India (hereinafter referred to as “RBI”), Bengaluru from eligible bidders for supply of sufficient number of fully covered container trucks/vehicles having metallic body of sufficient thickness, preferably bullet / tamper proof with secure tamper proof double locking arrangement, enabled with Global Positioning System (GPS), CCTV and Hooter for transportation of banknotes packed in boxes and /or coins packed in bags for the period from April 01, 2026 to March 31, 2028, i.e., for two financial years. 2. The e-Tender notice along with the detailed tender document is available at MSTC website https://www.mstcecommerce.com/eprocn and the website of the Bank at https://www.rbi.org.in under the menu “Tenders”. 3. All interested bidders must register themselves with MSTC through the above referred website to participate in the e-Tendering process. 4. The Estimated cost of the work is ₹2.50 crore (approximately) per year; however, the actual amount may vary. 5. Only those who fulfil the qualification criteria are eligible to participate in this tender. The selected bidder/s shall provide sufficient number of fully covered GPS enabled container trucks/vehicles for transportation of bank notes for a period of two years i.e., from April 01, 2026 to March 31, 2028, which can be extended to a further period of one year, with/ without any variation in the terms and conditions, subject to satisfactory performance of the contractual terms and conditions. 6. The Schedule of the e-tendering process is as under: | Sr. No. | e-Tender Schedule | Schedule Date and Time | | 1 | e-Tender No. | RBI/Bengaluru/Issue/1/25-26/ET/758 | | 2 | Mode of Tender | e-Procurement System on MSTC e- commerce site (www.mstcecommerce.com/eprocn)
(Online Part I - Technical Bid and Part II – Financial Bid) | | 3 | Estimated Value of the Work | ₹2.50 crore (Approximately) | | 4 | Date of Notice inviting Tender (NIT) available to parties to download | December 30, 2025 (Tuesday, 12:00 PM) | | 5 | Transaction Fee | Transaction fee as applicable shall be paid through online mode of payment to MSTC Limited. | | 6 | Earnest Money Deposit | ₹5,00,000/- (Rupees Five lakh only)
Name: RBI Bengaluru
Account No.: 8692299 (Earnest Money deposit received)
IFSC Code: RBIS0BGPA01 (Both zero) | | 7 | Date of Starting of e-Tender for submission of online Technical Bid and Financial Bid at www.mstcecommerce.com/eprocn | December 30, 2025 (Tuesday, 12:00 PM) | | 8 | Offline-Prebid meeting | January 27, 2026 (Tuesday, 11:00 AM)
Issue department, First Floor, Reserve Bank of India, Bengaluru. | | 9 | Date of closing of online e-tender for submission of Technical Bid and Financial Bid | February 09, 2026 (Monday, 10:00 AM) | | 10 | Last date of submission of EMD | February 09, 2026 (Monday, 10:00 AM) | | 11 | Time of opening of Technical Bid | February 09, 2026 (Monday, 11:00 AM) | | 12 | Time of opening of Financial Bid | Date and time will be intimated to the tenderers who were found eligible after scrutiny of Technical Bid, through the email id provided by them. | 7. In the event of any date indicated above being declared a Holiday, the next working day shall become operative for the respective purpose mentioned herein. Tender document can be downloaded from www.mstcecommerce.com. Any amendment(s)/corrigendum/ clarifications with respect to this tender shall be uploaded on the Bank’s website/e-portal only. The tenderer should regularly check the above website/e-portal for any amendment/ corrigendum/ clarification on the above tender. 8. The services specified above have to be provided by the successful bidder/s to Reserve Bank of India, Issue Department, Bengaluru. The Regional Director
Reserve Bank of India
Bengaluru |