Markets Reserve Bank of India
RBI Kolkata to spend ₹70 lakh annually on shredded note disposal
The Reserve Bank of India, Kolkata is contracting the disposal of Shredded Currency Note Briquettes and Unserviceable Items.
₹70 lakhEstimated cost: ₹70,00,000/- (approx.) per year
Who can bid: Bidders must have minimum five years of experience in similar works, minimum average annual turnover of at least 30% of estimated expenditure for the last three years (supported by audited financial statements), a solvency certificate from their bank, PAN and GSTN numbers, an office/local representative within Kolkata Metropolitan area, and a bank account with a scheduled commercial bank. They must also have a valid license under the Contract Labour (Regulation and Abolition) Act, 1970, if applicable.
Key terms
- Estimated cost: ₹70,00,000/- (approx.) per year
- EMD: ₹1,40,000/-
- Tender type: Open tender
- Bid submission deadline: August 06, 2026
- Bid validity: 90 days
- Contract duration: One year (September 01, 2026 to August 31, 2027), extendable by up to two years total
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The original document
Reserve Bank of India (RBI)
Tender · Ref. 25549 · 23 Jul 2026
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