Minutes of Pre-Bid Meeting

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 adult and able-bodied labourers for handling of coin bags and note boxes 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 ₹1.0 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 adult and able-bodied labourers for handling of coin bags and note boxes 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:

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