Department of Financial Services Tender by State Bank Of India (sbi) (GEM/2025/B/6160331)
Safe Deposit Locker Cabinets (V2) as per IS 5244

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Title: GEM/2025/B/6160331 - Supply of Safe Deposit Locker Cabinets (V2) as per IS 5244
Issuing Authority:
The tender is issued by the Department of Financial Services under the Ministry of Finance.
Scope of Work and Objectives:
This tender invites proposals for the supply of Safe Deposit Locker Cabinets (V2) complying with IS 5244 specifications. The primary objective is to procure high-quality cabinets that ensure durability and security for the effective containment of assets. Applicants should demonstrate their capability to deliver a single unit of these cabinets while adhering to the required technical standards specified in the tender documentation.
Eligibility Criteria:
To be eligible for this tender, the bidders must fulfil the following conditions:
- Be a registered entity capable of fulfilling the supply requirements.
- Have previous experience or proven capability in supplying similar items, specifically Safe Deposit Locker Cabinets.
- Compliance with all statutory requirements as mandated by law.
Technical Requirements:
Bidders must comply with the specifications and standards outlined in IS 5244. This includes:
- Dimensions and construction material specifications for the lockers.
- Security features such as locking mechanisms.
- Warranty terms and support provisions post-delivery.
Financial Requirements:
Bidders must demonstrate financial stability and the capability to execute the contract effectively. This may involve showing proof of financial documents, including but not limited to, balance sheets and profit-loss statements for the past three years.
Document Submission Details:
Documents must be submitted electronically by the specified deadline through the designated online platform. Bidders are required to include all necessary paperwork, including:
- Bid Application Form
- Technical Compliance Document
- Financial Statements
- Company Registration and Tax Certificates
Special Provisions:
Micro, Small, and Medium Enterprises (MSMEs) and startups may receive certain benefits during the evaluation process. These may include relaxed eligibility criteria and financial incentives aimed at promoting local procurement and entrepreneurship.
Evaluation Process:
Tenders will be evaluated based on several criteria including technical compliance, past performance, price factors, and financial viability. The evaluation will prioritize bidders who meet technical standards while offering competitive rates.
Delivery Locations:
Delivery of the Safe Deposit Locker Cabinets will be required at selected locations defined by the Department of Financial Services, ensuring accessibility and compliance with logistics standards.
Contact Information:
For additional inquiries, bidders are encouraged to directly contact the Department of Financial Services through official channels listed on the procurement platform.
This tender presents an excellent opportunity for organizations specialized in manufacturing and supplying Safe Deposit Locker Cabinets. Bidders are encouraged to carefully review tender documents and prepare submissions that meet all outlined criteria.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
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Frequently Asked Questions
The eligibility requirements include being a registered entity with a proven track record in supplying similar products like Safe Deposit Locker Cabinets. Bidders must also comply with all statutory obligations and demonstrate financial stability through relevant documentation.
Bidders must submit essential certifications including company registration certificates, tax compliance documents, and compliance with IS 5244 for Safe Deposit Locker Cabinets. Certificates that affirm adherence to quality standards and past performance can enhance the bid’s viability.
The registration process involves creating an account on the designated online procurement platform, where bidders can submit their documents. All required information must be accurately filled out, including the bidder’s profile and relevant compliance documentation.
Accepted document formats typically include PDF, DOC, and XLS files. Bidders are advised to check the tender platform for specific guidelines on file sizes and formats to ensure successful submission.
The evaluation process will consider technical compliance, financial stability, and competitive pricing during the selection of bids. The final decision will be made based on a holistic review of each bid’s strengths according to established criteria, ensuring a transparent and fair assessment.
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