Tenders are invited by the Reserve Bank of India (hereinafter referred to as the 'Bank' or 'RBI') for the Group Mediclaim Policy programme offered to the Bank's retired employees. The Bank has authorised Marsh India Insurance Brokers Private Limited to solicit proposals through a two-stage bidding process (comprising of technical and financial bid) from IRDAI licensed Non-Life General Insurance Co. and / or Standalone and Health insurance companies operating in India for Group Mediclaim Policy programme offered to its retired employees. The 'Request for Proposal' (RFP) for the programme is available on Bank's website (https://www.rbi.org.in/) in 'Tenders Section'. Interested bidders are requested to refer to the said RFP. Bids made strictly as per provisions of the RFP document should be submitted online. | S. No. | Details | Date/Time/Other Particulars | | 1. | e-Tender No. | RBI/HRMD-CO Central Office Departments/Others/15/25-26/ET/1023[GMP-Hospitalisation] | | 2. | Mode of Tender | e-Procurement System
(Part I - Technical Bid (Qualifying) Part II - Financial Bid, through www.mstcecommerce.com/eprocn/) | | 3. | Date & time of Notice Inviting Tender (NIT) available for download | 14:00 Hrs. on February 18, 2026 | | 4. | Date & time to view Tender on MSTC web portal | 14:00 Hrs. on February 18, 2026 | | 5. | Date & time of starting of e-Tender for submission of online Technical bid and Financial bid at www.mstcecommerce.com/eprochome/rbi | 14:00 Hrs. on February 18, 2026 | | 6. | Pre-bid meeting | 11:00 Hrs. on February 24, 2026, at RBI Central Office Building, Mumbai. | | 7. | Date & time of closing of e-tender for submission of online Technical and Financial bids | 14:00 Hrs. on March 11, 2026 | | 8. | Date & time of opening of Part I (i.e., Technical bid) | 11:00 Hrs. on March 12, 2026 | | 9. | Date & time of opening of Part II (i.e., Financial bid) | Shall be informed separately to the bidders eligible for Part II of the tender | | |