Reserve Bank of India (RBI), Mumbai, invites e-tenders from eligible Chartered Accountant firms (as defined in the tender document), for Appointment as Concurrent Auditors at it’s Mumbai Regional Office (MRO) for the period from October 01, 2026 to September 30, 2027 (extendable for two more years subject to satisfactory performance, as evaluated by the Bank on an annual basis). The Tendering process will be executed through the e-Tendering portal of MSTC Ltd. (https://www.mstcecommerce.com/eprochome/rbi). Interested tenderers must register themselves with MSTC Ltd. through the aforementioned website to participate in the tendering process. Tender document can be downloaded from the RBI website www.rbi.org.in under ‘Tender’ section and also from the website www.mstcecommerce.com. The last date for submission of tenders is August 10, 2026, till 11.00 AM. Tenders submitted only through the portal, will be accepted for the captioned process. Tenders, if received after the said date and time, will not be accepted by the Bank. The Tenderer should check the above website / e-portal for any Amendment / Corrigendum / Clarification before submitting the bid. The Bank shall have the right to cancel /modify the Tender and extend the deadline for submission of Tender. Further, the Bank reserves the right to accept any Tender, either in full or in part and to reject any or all the Tenders without assigning any reason thereof. Regional Director
Reserve Bank of India
Mumbai RO
SCHEDULE OF TENDER | A | E-tender no. | RBI/Mumbai Regional Office/HRMD/3/26-27/ET/193[Concurrent Auditor Appointment] | | B | Name of Tender | Appointment of Concurrent Auditors for the period October 01, 2026 to September 30, 2027, for Reserve Bank of India, Mumbai Regional Office. | | C | Mode of Tender | e-Procurement System
(Online Part I – Technical Bid and Part II - Financial Bid through https://www.mstcecommerce.com/eprocn/index.jsp) | | D | Date of Notice Inviting E-tender available for view/download on RBI website | June 29, 2026 | | E | Date of Starting of online submission of E-tender (Technical Bid and Financial Bid) at www.mstcecommerce.com/eprocn/index.jsp | July 24, 2026 | | F | Estimated value of tender i.e. Minimum Remuneration | ₹2,62,000/- per month (including all costs and excluding GST) i.e. ₹31,44,000/- for 12 months (including all costs and excluding GST) | | G | Earnest Money Deposit (EMD) | 2% of the estimated cost i.e. ₹31,44,000/- (Rupees Thirty-One lakh Fourty Four thousand only), i.e. ₹62,880/- (Rupees Sixty-Two thousand Eight hundred and Eighty only). The EMD amount to be remitted through NEFT only.
Beneficiary Details:
i. Beneficiary Name: ABC cell, Reserve Bank of India, Mumbai Office
ii. Beneficiary account No.: 04869229904
iii. IFS Code: RBIS0MBPA04 (5th and 10th digits are Zero)
iv. Remarks: EMD towards appointment as Concurrent Auditors for 2026-27
The proof of having remitted the EMD has to be uploaded on MSTC portal. | | H | Transaction fees | Transaction fee to be paid through MSTC payment gateway/NEFT/RTGS in favour of MSTC LIMITED | | I | Bank Guarantee | 5% of Contract Value (incl. of GST) (to be submitted by successful bidder for the contract period plus 30 days beyond that) | | I | Date of Pre-Bid meeting | July 22, 2026 at 11:00 AM | | J | Venue of Pre-Bid meeting | Amaltas Conference room, 1st floor, HRMD, MRO, Shahid Bhagat Singh Marg, Fort Mumbai 400001 | | K | Last date of availability of E-tender on website | August 10, 2026, 11:00 AM | | L | Date & time of closing of online submission of E-tender (Technical Bid and Financial Bid). | August 10, 2026, 11:00 AM | | M | Date & time of opening of Part-I (Technical Bid) | August 10, 2026, 03:00 PM | | N | Date of opening of Part-II (Financial Bid) | Part-II (Financial Bid) will be opened electronically, of only those bidder(s) whose Part-I (Technical Bid) is found acceptable by RBI, Mumbai Regional Office. Such bidder(s) will be informed regarding date of opening of Part- II (Financial Bid) through e-mails in the valid e-mail ID provided by them. | 2. No quotation will be accepted with any condition quoted by the vendor whatsoever. Such quotation will be rejected at the discretion of the Bank. 3. Amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website and MSTC Website as given above and will not be published in newspapers. | |