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Date : Jan 17, 2023
Corrigendum - Housing Loan Group Insurance Scheme for housing loan borrowers of Reserve Bank of India from April 01, 2023 to March 31, 2024, Mumbai

Corrigendum dated February 03, 2023

Minutes of Pre-Bid Meeting

E-tender No. - RBI/Central Office/HRMD/7/22-23/ET/529

Please refer to the tender notice for the captioned work published on the RBI Website on January 05, 2023 inviting application from bidders, through e-tender on MSTC Portal (https://www.mstcecommerce.com/eprochome/rbi/).

2. The following changes have been made in tender document uploaded on Bank’s website and MSTC Portal in the captioned e-tender

Clause in tender document Existing data/Clause Revised data/clause
Para 5 on page no. 29-
Claim settlement data under the policy for last three years
Policy Year No. of Claims received No. of Claims settled Settled Amount
(INR)
2020-21 28 28 2,69,11,723
2021-22 28 28 3,64,71,440
2022-23 8 8 78,77,102
Policy Year No. of Claims received No. of Claims settled Settled Amount
(INR)
2020-21 28 28 2,69,37,217
2021-22 28 28 3,64,71,440
2022-23 5 5 63,07,235
Para 10 (a) of section III on page no. 15 The Tender validity period shall be 90 days from the last date of the submission of tender The Tender validity period shall be till April 01, 2023.
Para 2 of Annexure 3 on page no. 27 While per mile premium quote would be considered for arriving at L1, bidders are required to share detailed age-wise premium rate rider, which should be gender neutral, i.e., same for male and female of similar age (till 4 decimals) While per mile premium quote would be considered for arriving at L1, bidders are required to share detailed age-wise premium rate matrix, which should be gender neutral, i.e., same for male and female of similar age (till 4 decimals)

Note: All other provisions and terms and conditions of the RFP remains unchanged



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