Tenders are invited by Reserve Bank of India (hereinafter referred as the 'Bank or RBI') for the Group Mediclaim Policy for Outpatient Department (GMP-OPD) offered to the Bank's pensioners. The Bank has authorised M/s Marsh Insurance Brokers India Private Limited to solicit proposals through a two-stage bidding process (comprising of Technical and Financial Bids) from IRDAI Licensed 'Non-Life' and Health Insurance companies operating in India for GMP-OPD Policy programme offered to its retired employees who are drawing pension. The "Request for Proposal" (RFP) for the programme is also available on Bank's website (www.rbi.org.in) in 'Tenders Section'. Interested bidders are requested to refer to the said RFP. Bids made strictly as per the provisions of the RFP document should be submitted online. | Sl. No. | Details | Date/Time/Other Particulars | | 1. | E-Tender No. | RBI/HRMD-CO Central Office Departments/Others/14/25-26/ET/998[GMP-OPD for PY 2026-27] | | 2. | Mode of Tender | e-Procurement System
(Online Part I - Technical Bid, Qualifying and Part II – Financial Bid, through www.mstcecommerce.com/eprocn/) | | 3. | Date and time to view Tender on MSTC web portal | 16:45 Hrs. on February 12, 2026 | | 4. | Date and time of NIT available for download | 16:45 Hrs. on February 12, 2026 | | 5. | Date and time of starting of online e-Tender for submission of online Technical and Financial Bid at www.mstcecommerce.com/eprocn/ | 16:45 Hrs. on February 12, 2026 | | 6. | Pre-bid meeting | 11:00 Hrs. on February 16, 2026, at RBI, Central Office Building. All questions regarding the tender should be submitted by email latest by 15:00 Hrs. on February 15, 2026. | | 7. | Date and time of closing of online e-Tender for submission of online Technical and Financial Bid | 16:45 Hrs. on March 05, 2026 | | 8. | Date and time of opening of Part I (i.e., Technical Bid) | 11:00 Hrs. on March 06, 2026 | | 9. | Date and time of opening of Part II (i.e., Financial Bid) | Shall be informed separately to the bidders eligible for Part II of the tender | | |