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The Reserve Bank of India is seeking proposals for Group Term Life Insurance for its serving employees through an open tender with a budget of Rs 82 million.
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This tender is for the renewal of a standard fire and special perils, burglary, and fidelity insurance policy covering gold and bullion at six locations. The procuring organization is Punjab National Bank (PNB). The bidding type is National Competitive Bidding (NCB) with a bid end date of August 18, 2026.
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Pre-Existing Illnesses