₹2 crore contract awarded to S&IB Services for Bengaluru banknote transport
The Reserve Bank of India (Bangalore Regional Office) is contracting for the supply of fully covered container trucks or vehicles to transport banknotes and coins in Karnataka, specifically Bengaluru.
The document does not state the specific eligibility criteria, minimum turnover, experience requirements, or certifications required to bid. It only lists the names of companies that were qualified after technical evaluation.
- Tender Type: E-Tender through MSTC Website (Two Bid System)
- Contract Value: ₹2,00,00,000/- (Inclusive of all taxes) Estimated annual value
- Bid Submission Deadline: May 21, 2026
- Contract Duration: July 01, 2026 to March 31, 2028
- Contract Awarded To: M/s S&IB Services Private Limited
Written from the document by AI, and checked against it. The original below is authoritative.
Who won this contract — M/s S&IB Services Private Limited, ₹2,00,00,000/- (Inclusive of all taxes)
· lowest bidder: yes
(extracted from the award document; verify against the original)
The original document
Award
2026-07-03
Document details
| Official title | Supply of sufficient number of fully covered container trucks/vehicles for transportation of Banknotes and Coins in the state of Karnataka, Bengaluru |
| Source body | Reserve Bank of India (RBI) |
| Reference number | RBI/Bangalore Regional Office/Issue/1/26-27/ET/40 |
| Status | closed (award) |
| Year | 2026 |
| Closing date | May 21, 2026 |
| Documents | 1 |