Department for Promotion of Industry & Internal Trade Tender by Jammu And Kashmir Development Finance Corporation Limited (GEM/2025/B/6163372)
Supply, Customization, Deployment, Operations & Maintenance of Loan Lifecycle Management System

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Tender Title: Supply, Customization, Deployment, Operations & Maintenance of Loan Lifecycle Management System
Tender Reference Number: GEM/2025/B/6163372
Issuing Authority: Department for Promotion of Industry & Internal Trade, Ministry of Commerce and Industry
The Supply, Customization, Deployment, Operations & Maintenance of Loan Lifecycle Management System tender aims to procure a comprehensive solution for managing the entire loan lifecycle. This includes the customization of existing technologies to meet the specific demands of the issuing department, ensuring that all operations involved in loan processing are optimized for efficiency.
Scope of Work and Objectives
The primary objectives of this tender are to:
- Provide a Loan Lifecycle Management System that encompasses various functionalities including loan origination, servicing, and collections.
- Ensure the system is customizable to fit the specific requirements of the issuing authority.
- Deliver ongoing operational support and maintenance post-deployment to guarantee high system availability.
- Facilitate training sessions for staff to efficiently utilize and maintain the system.
Eligibility Criteria
To qualify for participation, organizations must meet the following eligibility criteria:
- Must be a registered entity, with a valid registration certificate.
- Previous experience demonstrated through case studies or references in relevant system implementations.
- Compliance with all relevant statutory and regulatory requirements applicable to the sector.
Technical Requirements
The submitted solutions must adhere to specific technical requirements, including:
- Integration capability with existing systems and databases.
- Provision for data security and user access management.
- Support for multi-channel loan application submissions (web, mobile, etc.).
- Comprehensive reporting features that adhere to regulatory standards.
Financial Requirements
Bidders are required to demonstrate their financial capability to undertake the project. This includes:
- Submission of audited financial statements for the last three financial years.
- Evidence of adequate financial resources to support the operational scale of the project.
Document Submission Details
All documents must be submitted electronically via the designated portal in the acceptable formats specified (PDF, DOCX). Late submissions will not be considered.
Special Provisions
The tender recognizes the significance of Micro, Small, and Medium Enterprises (MSEs) and provides incentives for startups, encouraging their participation through preference in evaluation and the easing of certain operational requirements.
Evaluation Process
Proposals will be assessed based on:
- Technical capability to meet the outlined requirements.
- Financial viability and previous experience.
- Adherence to timelines and delivery expectations.
Delivery Locations
The deployment of the Loan Lifecycle Management System will be carried out within specified locations as designated by the issuing authority.
Contact Information
For additional guidance or inquiries regarding this tender, please refer to the official contact point listed on the bidding portal.
This tender represents an opportunity for bidders to engage in the modernization of loan processes within the framework established by the Department for Promotion of Industry & Internal Trade.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (Requested in ATC)
- Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Corrigendum Updates
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Frequently Asked Questions
The eligibility requirements include being a registered entity with a valid registration certificate and demonstrating prior experience in implementing similar systems. Bidders must comply with all applicable statutory and regulatory requirements relevant to the sector.
Bidders must ensure that their solutions meet specific technical specifications such as compatibility with existing databases, user access management for data security, support for various application channels, and comprehensive reporting capabilities in line with regulatory standards.
Yes, bidders will need to provide a performance security guarantee to ensure compliance with the awarded contract’s terms. The exact percentage and form of security will be detailed in the tender documents.
Payment terms are structured to ensure that funds are released in accordance with the project’s milestones and deliverables. Bidders should prepare to provide a detailed payment schedule as part of their proposals.
MSEs can expect special provisions and preferences during the evaluation process. These may include simplified qualification standards and potential price evaluation considerations that favor MSE participation, promoting wider diversity in the bidding process.
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