| Tender number | RBI/Central Office/HRMD/13/25-26/ET/951 |
| Date of publication of NIT | Feb 04, 2026 |
| Nature of work | Housing Loan Group Insurance Scheme for housing loan borrowers of Reserve Bank of India April 01, 2026 – March 31, 2027, Mumbai |
| Mode of tender enquiry | Online (E-tender) |
| Type of bidding (single/two bid system) | Two bid system |
| Last date of receipt of tender | Mar 04, 2026 |
| Number of tenders received | 04 (Four) |
| Nos. and names of parties qualified after technical evaluation | 04 (Four)
1) M/s IndiaFirst Insurance Company
2) M/s Shriram Life Insurance Company Limited
3) M/s Star Union Dai-ichi Life Insurance Company Limited
4) M/s Ageas Federal Life Insurance Company Limited |
| Nos. and names of parties not qualified after technical evaluation | NIL
|
| Commercial Bid Ranking, if any | |
| Final Ranking, if any | |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD.No.S12661/17.06.00/2025-26 dated Mar 16, 2026 |
| Name of contractor | M/s Star Union Dai-ichi Life Insurance Company Limited |
| Value of contract | ₹458/- Lakh |
| Scheduled date of completion of supplies | Mar 31, 2027 |
| Actual date of start of work | |
| Actual date of completion of work | |
| Reasons for delay, if any | |
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